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How to protect your Cash

MainStreet Financial Planning

Even though the federal government has rescued SVB and guaranteed all deposits over the FDIC insurance limit of $250,000 per account, that doesn’t mean they will be doing it again for other banks. Let’s review and recap how Federal Deposit Insurance Corporation (FDIC) insurance works and what other alternatives are available.

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The SVB Situation and Your Financial Picture

Integrity Financial Planning

As a result, and due to the fact that, like many large bank accounts, most of SVB’s funds were not covered by the FDIC (Federal Deposit Insurance Corporation), other venture capital firms and tech companies panicked, yanking their funds due to the stock loss.

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11 Financial Tips for Starting a Family

MainStreet Financial Planning

You can request a social security number along with your baby’s birth certificate. Update your life and disability insurance. Now more than ever you want to have appropriate life and disability insurance coverage, so if something unexpected happens your family will be OK. Get a social security number for your child.

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How Will My Financial Plan Change Over the Course of My Life?

Carson Wealth

This might mean going back to school to earn a master’s degree or a professional certification. While from a behavioral standpoint some suggest you should tackle low balance accounts first, a financial planning approach suggests you tackle high interest rate debt first. Build your positive financial behaviors.

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Why do Physicians Need Financial Advisors and How to Find Them

WiserAdvisor

They can take into account crucial details, such as interest rates, repayment terms, and loan providers, and implement a strategic and systematic approach to debt repayment. They can guide them in leveraging employer-sponsored retirement accounts, such as 401(k), 403(b), or 457(b).

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How to Become a Financial Advisor or Financial Planner in India?

International College of Financial Planning

Most advisors that work with commission-based income will need an individual retirement account (IRA). The proof can be in the form of an educational certificate or a professional license or any other document that will provide the best evidence of your identity. Accountability. Find someone of trust and name.

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15 Key Tips For Living On One Income

Clever Girl Finance

By adding to your savings accounts slowly but surely, you can confidently grow your emergency fund over time. Automating your savings means setting up automatic transfers to send money from your checking account to your fund every month, twice a month, or however often you want.