Why the Federal Reserve is Keeping Interest Rates Low

On January 27, 2021, the Federal Reserve announced it was maintaining the target for its benchmark interest rate at 0 to .25% in a continuing effort to help prop up the U.S. economy in the wake of the coronavirus pandemic.(1) The Fed, which is the central bank of the United States, first lowered rates to this range in March of 2020 as the pandemic intensified, devastating communities and […]

Questions You Should Ask When Choosing a Financial Planner

Picking a Financial Planner

A financial planner can play a vital role in helping you reach your financial goals. Financial planners guide their clients in a variety of ways including retirement planning, wealth management and offering insight and advice on a range of topics. This can include basic budgeting, setting short-term and long-term financial goals, reviewing potential insurance needs and comprehensive financial planning. Here are some questions you should ask when selecting a financial planner to help ensure your choice best meets your […]

The Benefits of a Financial Plan

Benefits of a Financial Plan

No matter where you are in life, a financial plan can be a valuable tool in helping you reach your financial goals. Whether you want to buy a home, save for college for your children or grandchildren, or maintain your desired lifestyle throughout retirement, a financial plan can provide you with a detailed roadmap to meet your goals. Here are some of the many benefits of a financial plan.  Setting […]

Reaching Your Financial Goals

We all have goals we want to accomplish, and many of these goals require money. Finding a workable pathway to reaching your financial goals can seem like a daunting task, but with proper planning, commitment, and patience, you can put yourself in a great position to achieve those goals, whatever they may be. Here are a few tips to help you get started on the right path.  […]

Financial Recovery Tips from 2020 for 2021

It is very easy to put your goals on hold during a time of extreme uncertainty. However, this is an excellent time to reflect on and possibly even realign your financial goals from 2020 into 2021. If you lost your job or fell into an unexpected expense, you may be realizing how important an emergency […]

7 Different Ways to Benefit During Covid-19

Making wise financial decisions during the pandemic is crucial during this uncertain time. However, some people don’t know where to begin with their finances. Here are 7 tips on different ways to benefit during Covid-19:  

Financial Tips for Holiday Spending

The holiday season is in full swing, and while we all love giving gifts to our loved ones, the stresses of holiday shopping and spending can put a damper on this most wonderful time of year. With travel, gifts, decorations, food, charitable donations and other expenses, holiday spending can add up quickly. With that in mind, here are some tips to […]

Meals on Wheels

With all that is going on in our world right now, our Insight Wealth Strategies team decided to lend a helping hand for our community this November and donate towards Meals on Wheels of Contra Costa, as well as the Meals on Wheels of Greater Houston. The goal of this organization is to provide meals to the increasing number of homebound elders […]

2020 End-of-Year Tax Tips

The United States of America and the world at large are still grappling with the health and economic effects of the COVID-19 pandemic, and while the health ramifications of the pandemic shouldn’t be understated, the economic consequences have also been severe. As 2020 draws to a close, here are a handful of useful tips that could help individuals lessen their tax burden this year. 

October 15th Filing Deadline

For taxpayers who filed an extension on their 2019 federal income tax return, the Internal Revenue Service deadline to file their return is on or before October 15, 2020.