Posts by Financial Design Studio, Inc.
[Video] FAFSA FAQ #1: What Is It & Is It Worth Filling Out?
So if you have kids who are nearing college age, or in college, you’re probably familiar with some of these acronyms or buzzwords: FAFSA and what it is. So we’re going to touch on what it is, who it’s for, and is it even worth filling out. Michelle: So we’ve got Rob here today, who’s…
Read MoreWhy We Are Seeing Declining Rates Lead To Higher Stock Prices Right Now
On Thursday, September 12, the European Central Bank cut interest rates and re-activated its program to buy government bonds. The Federal Reserve is expected to cut interest rates at its next meeting this month. Both of these moves are to help “stave off” an economic slowdown. As a result, stock indexes here in the U.S. and…
Read MoreMonopoly & Excel: Is Your Family A Team? [Video]
Have you ever thought of your family as a part of a team that can teach each other new skills? One of our clients has this story for us about the importance of being a team. The mother of the family had the opportunity for a change of careers, but she was required to have…
Read MoreMonthly Employment Statistics: It’s Time For The Payroll Report!
On the first Friday of every month, the government releases employment statistics for the previous month. The financial press always seems to build these releases as “the biggest release of the year.” Indeed, this month‘s release of August payrolls will answer a lot of questions about how aggressive the Federal Reserve will cut rates at its…
Read MoreMortgage Rates Have Dropped To A New Low: Should I Refinance?
There’s been a lot of talk in the news lately about low interest rates and inverted yield curves. One newsworthy item that is being missed is how mortgage rates have dropped. As recently as last November, mortgage rates were approaching 5.00%. Now they’ve dropped all the way to 3.55% based on the latest survey from…
Read MoreHave You Lived Through a Recession?
Last week we talked about an inverted yield curve and how many commentators believe that leads to recession. This week we’re going to look closer at what typically happens in a recession. The first thing to remember is that recessions are not uncommon. As mentioned in last week’s post, they happen on average about every…
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