Owning a Home: What You Need to Know

Owning a Home: What You Need to Know

Over the last four years, owning a home has become something of a conundrum for a lot of people.  Is it possible?  Is it worth it?  Is now a good time to buy?  We’re going to break down a few things you need to know about owning a home in this post. Since the start of...
What are the Top 3 Economic Indicators?

What are the Top 3 Economic Indicators?

There are tons of economic indicators out there that give you all sorts of information about the U.S. economy. But what do they actually mean? And which ones are the most important? We’ll break it down for you in this post! First things first, an economic indicator by...
What is a 529 Plan?

What is a 529 Plan?

One of the more popular ways to save for college education is by utilizing a 529 plan.  Many of you have probably heard of a 529 plan, but do you know what they are or how they work?  If not, keep reading! What is a 529 Plan? A 529 plan, also known as a qualified...
What is FDIC Insurance?

What is FDIC Insurance?

If you have money in a bank account, you have probably heard about FDIC insurance.  But what is it?  In this post we’ll break down what FDIC insurance is, what the limits are, who it protects, and more. What is FDIC insurance? Before we break down what FDIC insurance...
Cash Flow is King

Cash Flow is King

In my last post, we briefly touched on the importance of cash flow and balance sheet in the financial planning process.  Let’s dive in even further! Why is Cash Flow the “King”? When it comes to financial planning, almost any recommendation or tweak that someone can...
The Financial Planning Process

The Financial Planning Process

Here at Mullooly Asset Management, we often stress the importance of the financial planning process.  So what is the financial planning process?  To try and sum it up into one sentence: the financial planning process is the process of determining whether clients can...