5 Ways to Make Your Budget Go Further

by Kevin Wrenn on Dec 7, 2017

I don’t know about you, but for me every paycheck is like a mini Christmas that ends nearly immediately when reality sets in. Bills, rent and saving for retirement makes every payday a budgeting reality. So in these times, it’s important to take some relatively easy steps to stretch your budget.

Start with your credit cards. Often people overlook where their money is going when it’s as easy as a tap, not to mention interest and fees:

Read More

Why Have a Plan?

by Kevin Wrenn on Oct 30, 2017

Thumbnail

 

A recent survey by Charles Schwab found that only 25% of Americans have a written financial plan. If you think your close to retirement, do you know the following:

Read More

Equifax Security Breach

by Kevin Wrenn on Sep 28, 2017

As most of you know by now one of the nation's three major credit agencies was breached by hackers from mid May through July of this year.  Approximately 143 million Americans' sensitive personal information was compromised by this breach.  Since Anchor Capital uses Charles Schwab as its custodian, our clients' invested assets are protected under Schwab's Security Guarantee, which states that Schwab will cover 100% of any losses in any of your Schwab Accounts due to unauthorized activity.  To ensure your protection under this guarantee make sure to safeguard your account ac

Read More

Finance Lessons for Your Teen

by Kevin Wrenn on Sep 12, 2017

The current economic environment has caused most everyone to reconsider their personal finances with many people having to drastically change their spending and savings habits. Out of this economic malaise may come an opportunity to finally instill the right habits in your teens that can carry them into adulthood on the right financial footing. Just as our parents and grandparents of the Great Depression era developed deeply ingrained attitudes about finances from their experience, our teens can share in the lessons of today’s “great recession” generation.

Read More

The Ins and Outs of Banking Online

by Kevin Wrenn on Aug 30, 2017

In a few short years, it seems as though the banking industry has revolutionized. It is now easier (and more convenient than ever) to tend to your banking needs, all from the comforts of your pyjamas. Gone are the notions of banking hours, and the never ending lineups when you want to deposit your paycheck.

Read More

How Political Climates Affect the Financial Markets

by Kevin Wrenn on Aug 22, 2017

If you’re a fan of political dramas on televisions, you’ll know that the turbulent world of politics has an affect on the global financial markets. But what about in real life? How much does art - if you can call shows like Scandal, Veep, and House of Cards art - imitate life, and vice versa?

Read More

High Net Worth Families Need a Complete Risk Management Plan

by Kevin Wrenn on Jul 21, 2017

Because there isn’t a one-size-fits-all plan that could possibly fit the unique needs of every family, risk management is a process that focuses on the problem of risk at every level of a family’s lifestyle in order to ultimately arrive at a solution for each. Each risk calls for separate measures, which usually require separate forms of insurance.

Read More

Game of Life: Financial Planning At Every Age

by Kevin Wrenn on Jul 18, 2017

If you’ve ever played the Game of Life board game, it becomes clear that compressed into the colorful path there are various stages of life. Each stage holds its own major financial challenges as well as prospective profits in addition to surprises (new baby!) and forks in the road. In the real world game of life, much is the same, but with sound financial planning throughout the different stages of life, you can have much more control over how much you retire with (as opposed to those random tiles you collect throughout the board game).

Read More