Sterling Edge Financial LLC

Ready to put your house on the market? Before you put that “For Sale” sign up, be sure you’re not making these common mistakes! Avoiding these oversights can help you sell your home faster and for a better price. Send these tips to someone who’s thinking about selling their home!

There’s a hint of chill in the air and the leaves are beginning to turn - summer is officially winding down. Share your favorite memory from the summer of 2024 in the comments!

If there’s one thing we believe in, it’s the power of patience when it comes to investments. Long-term strategies have the potential to weather storms and yield consistent returns over time. The benefits? You may see lower risk, compounded growth, and the ability to ride out market fluctuations. Whether you're planning for retirement or building wealth, we are here to guide you toward financial success.

September is here, and with it comes the approaching open enrollment season! This is the perfect time to review your healthcare options and ensure you have the best coverage for your needs. If you need guidance navigating the options, our team is here to discuss the right fit for your health and budget. 🏥📋

Daily inspiration.

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If you’re considering downsizing your home in retirement, there are a few things you may want to take into consideration. First, assess your financial goals, lifestyle needs, and maintenance responsibilities. Downsizing can free up funds, reduce expenses, and simplify your life. However, consider the sentimental attachments to your home and the impact leaving it may have on your emotional health or even social life. Now is the time to reflect on what truly brings you joy and fulfillment. Don’t be afraid to take the time to make an informed decision that aligns with your vision for retirement. Want to run some numbers to see how downsizing can potentially impact your finances? Give us a call!

Ever wondered where your salary sits compared to the US average? According to 2021 data from the US Census Bureau, the median US income was roughly $69,000. Depending on where your family’s income falls, that number may either comfort you or concern you. Remember, the key here is that it’s not how much money you make – it’s how you use it. Regardless of your annual income, we’d love to chat to see how we can help you optimize your wealth and take steps towards a comfortable future.

Happy Labor Day! Take a moment to relax and enjoy the fruits of your labor. Cheers to you and all you do!

Navigating financial education with multi-generational wealth offers unique opportunities and challenges, especially when teaching children about money. Start early with basic concepts like saving and budgeting, be transparent about family finances, and emphasize values like hard work and gratitude. Involve children in financial decisions and teach them about responsible wealth management and investing. Seek mentorship from financial advisors and encourage philanthropy to instill a sense of giving back. By combining these approaches, you empower the next generation to manage wealth wisely and make a positive impact.

Ever heard of the 4% Rule?

The 4% Rule is a popular guideline used in retirement planning. It suggests that withdrawing 4% of your retirement savings annually, adjusted for inflation, should help your money last through a 30-year retirement. It's a simple yet effective strategy to consider for financial security in your golden years!

Curious About 529 Plans? Here's What You Need to Know!

A 529 Plan is a tax-advantaged savings plan designed to help families save for future education expenses. Here's how it works: Contributions grow tax-free, and withdrawals for qualified educational expenses are also tax-free. It's a smart way to invest in your child's future education! Have questions or want to learn more? Drop them in the comments!

Happy Monday!

Have you ever received a suspicious email or phone call? By following these steps, you can help protect yourself from falling victim to phishing scams and safeguard your bank account and personal information.

The kids have flown the coop, and now it’s time for you to enjoy the benefits of quiet time! Here are some tips for making the most of this new chapter:

1. Rediscover Hobbies: Reignite old passions or explore new interests you’ve always wanted to try.
2. Travel: Take advantage of your newfound freedom and plan trips you’ve been dreaming about.
3. Reconnect with Your Partner: Spend quality time together and strengthen your relationship.
4. Focus on Health: Prioritize your physical and mental well-being with exercise, meditation, and healthy eating.
5. Get Involved: Join clubs, volunteer, or take up community activities to meet new people and stay engaged.

Enjoy the peace and quiet, and make the most of this exciting new phase!

Have you heard about the No Spend Challenge?🚫 It's a trend where you commit to not spending any unnecessary money for a set period. Here are the rules:

1. Set a Time Frame: Choose a duration that works for you – a week, a month, or longer.
2. Essential Spending Only: Spend money only on necessities like groceries, bills, and transportation.
3. Avoid Non-Essentials: Skip dining out, shopping, and other discretionary expenses.
4. Plan Ahead: Stock up on essentials and plan free activities.

Over time, this awareness helps you make more intentional and smarter financial choices. Ready to transform your money habits? Give it a try and see the difference it can make!

Mindset Monday!

Whether you're crushing cardio or hitting the weights, staying within your target heart-rate zone ensures you're getting the most out of your workouts while minimizing the risk of injury. Plus, it's not just about burning calories—maintaining a healthy heart rate boosts cardiovascular health, increases endurance, and even enhances mood and mental clarity. Studies have shown that regular physical activity can reduce the risk of chronic diseases such as heart disease, diabetes, and certain types of cancer. These conditions often lead to expensive medical treatments and interventions, so by preventing or managing them through exercise, individuals may indeed experience lower medical costs over time.

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Mindset Monday.

Are excuses standing between you and your financial goals? It's time to take charge of your future! Whether it's saving for retirement, investing in your dream home, or starting a business, excuses only delay progress.

Navigating discussions about long-term care with your parents can be sensitive yet crucial for their future well-being.

In my position, I can provide guidance and resources to help your family navigate this important conversation. Let's ensure your loved ones are prepared for whatever the future may bring. Contact me today to start the discussion with confidence.

Retirement Myth: You need a fortune to retire comfortably.
Reality Check: With careful planning and smart investment strategies, even modest savings can grow significantly over time.

Let's debunk common retirement myths and create a realistic plan tailored to your financial goals. Ready to explore your options? Let's connect!

Tax-free weekends are a perfect opportunity to save on essential school supplies and clothing. Check your state's dates and exemptions to maximize your back-to-school savings. Click the link for a breakdown of when your state’s tax-free weekend is! https://ow.ly/ARIi30sFppT