Raskob Kambourian Financial Advisors, LTD

Home renovations entail a lot of time, patience, and a lot of money. And at an average of $15,000 per renovation project, according to Rocket Mortgage, it’s understandable why some homeowners can procrastinate or delay the start of their renovations.

7 Expensive Home Renovations You Shouldn’t Put Off Home renovations entail a lot of time, patience, and a lot of money. And at an average of $15,000 per renovation project, according to Rocket Mortgage, it's understandable why some homeowners can procrastinate or delay the start of their renovations. Buying a House? Here's How To Get a 4% Mortgage R...

The fall months have arrived and for many American households, this means experiencing an uptick in monthly electric bill costs. Is there anything you can do to cut costs without sacrificing comfort?

Dave Ramsey Shares 13 Ways To Save Money on Your Electric Bill You’ll need to unplug phantom appliances.

After receiving a historic 8.7% Social Security cost-of-living adjustment (COLA) in 2023, retired baby boomers should prepare for more than a 50% smaller COLA in 2024.

5 Ways Boomers Should Prepare For Social Security Cuts Consider cutting monthly costs and finding other income sources.

As the Social Security Old Age and Survivors Insurance Trust (OASI) faces depletion by 2033, President Joe Biden has suggested what MSN calls a “sweeping four-point plan” to bolster funds in the trust and help fill the $22.4 trillion funding shortage shown in the 2023 Trustees Report.

4 Social Security Shakeups from Biden That Could Hit Your Wallet by 2024 These plans will fill the $22.4 trillion funding shortage.

Some financial advisors suggest that consumers should never buy anything with a credit card and should only use cash for purchases. The philosophy behind this advice does have some merit, but for those that use credit responsibly, there’s a whole host of benefits.

Top Purchases You Should Always Make With a Credit Card Don't miss out on the perks of using your card in smart ways.

When your money is tied up in monthly debt payments, you work hard to make everyone else rich. Money expert Dave Ramsey tweeted this sentiment along with a video sharing how excessive credit card use keeps you from building wealth.

Dave Ramsey: 2 Reasons To Stop Using Credit Cards for Points You can’t become a millionaire with credit card points alone.

Credit card fraud has become a constant and pervasive threat, and debit cards aren’t immune to being stolen either. The Federal Trade Commission reported 66,090 instances of credit card fraud in 2020.

7 Riskiest Places To Swipe Your Credit Card Watch out when you pay at gas stations.

If you have a sudden need for gold bars — along with a 10-pound jar of peanut butter and 30 paper towel rolls — look no further. Costco has you covered. But act fast, as they are selling like hotcakes.

You Can Now Buy Gold Bars at Costco, But They Are Selling Out Fast — Are They Worth Tracking Down? Are gold bars from Costco a viable investment buy?

The 1980s, often dubbed the “Decade of Greed,” was a time of flamboyant style, groundbreaking music, and, most notably, a shift in financial strategies.

The Yuppie Investing Rule: 9 Wealth-Growing Tips From the Greedy 1980s The 1980s delivered several investing lessons to those watching.

We all want more money, and if we don’t have to work a full-time job to get it, even better! The average national salary across all industries and jobs is $59,428, according to Forbes. Imagine if you could earn more money than that just through investments.

8 Investments That Can Make You Richer Than a Full-Time Job To grow wealth, think beyond a paycheck.

The student loan payment pause is rapidly coming to an end, and the first due date is set for October.

According to a recent TransUnion study, 47% of millennials will have loan payments that are less than $200, while 20% of this age group will have payments of more than $500.

How Millennials Can Invest While Managing Student Loans Find your investment path as student loan payments resume.

Warren Buffett is perhaps the most famous investor in the world. Having earned the appellation “The Oracle of Omaha” thanks to his investing success through his company Berkshire Hathaway, Buffett now stands as the fifth-wealthiest person in the world, with a net worth just north of $119 billion.

Warren Buffett’s 4 Favorite Sectors To Invest In — Should You Do the Same? See what you can glean from the Oracle of Omaha's portfolio.

If you’re a dedicated saver, the idea that in some cases you should actually spend more money may feel counterintuitive. But there’s a difference between wasteful, discretionary spending and high-quality investments that can actually provide long-term value.

5 Pricey Investments That Are Worth Every Penny Sometimes spending more provides greater value over the long run

If you’re like many people, you’re burning through cash like crazy. Overspending is never advisable, but this can be especially problematic if your money habits are either getting you into debt or making it hard for you to get out of debt. You might feel discouraged when looking at your month-end bank balance, but a few simple changes can make a world of difference.

11 Common Ways You May Be Wasting Money Every Day Here’s how you can easily cut costs.

At the end of the month, with payday a few days away, you might find yourself in a financial bind. “How can I make $100 fast? How can I get cash right now?” You’ve probably asked yourself that a few times.

How To Get Free Money: 15 Proven Ways At the end of the month, with payday a few days away, you might find yourself in a financial bind. "How can I make $100 fast? How can I get cash right now?" You've probably asked yourself that a time or two. Outside of working another side hustle or shaking out your pockets for hidden extra cash, th...

Well done! You’ve worked hard and pinched pennies to finally get to the point where your savings account is looking solid. Now it’s time for the emphasis to shift from saving to making your money work more actively.

3 Things You Must Do When Your Savings Reach $50,000 | GOBankingRates Keep growing your money with these three moves.

There are lots of “rules” in investing that have long driven basic portfolio principles. The “60/40” rule, the “Rule of 72” and the newer “70/30” rule. The basic foundations surrounding these rules are to balance your asset holdings and make sure you keep your money invested long enough to realize a discernable return — but these rules are more guidelines than anything else.

60/40 Portfolio Rule: Is This Still the Best Investment Strategy? A 70/30 ratio falls a bit more in line with today's landscape.

Ah, the golden years. Will you retire near the beach? In the mountains? Maybe a lively college town? These dreamy unknowns can be fun to ponder.

The Simple, Effective Way To Fortify Your Retirement Mix With A Gainbridge Fixed Annuity | GOBankingRates Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all avai...

Is it possible to save too much money for retirement? With the abundance of retirement planning strategies out there that can help you figure out how to manage your income and expenses, the idea of what happens when you save too much for retirement is rarely discussed.

I Saved Too Much for Retirement: What I Wish I’d Done Instead Is it possible to save too much money for retirement? With the abundance of retirement planning strategies out there that can help you figure out how to manage your income and expenses, the idea of...

Over the summer, I hit a milestone: I turned 25. Friends and family who reached this milestone before me have lovingly referred to it as the highly anticipated “quarter-life crisis.” For example, once you turn 25, the real countdown begins: the remaining days you have until you are kicked off your parents’ insurance.

Financial Tips for Young Adults Answers to your finance and money questions.

Finding balance is key. It's important to balance college savings alongside other important financial goals, retirement savings being the main one.
If you go with your home state's 529 plan, you're typically able to earn a tax break on the contribution.

Since their launch more than 20 years ago, 529 college savings plans have helped students and their families better access higher education through tax-advantaged investing.

529 Plans: What’s Changed and What’s the Same? Six charts on movements in fees and assets amid rising education inflation.

Mention the idea of tapping home equity to fund retirement, and people often think you’re suggesting a reverse mortgage.

2 Ways to Use Home Equity to Fund Retirement Tapping home equity gets a bad rap as a retirement planning strategy, but it shouldn’t.

Ask people where they hope to live as they get older, and most say they want to age in place in their own homes.

That instinct has only increased over the past few years, amid the horrific death toll from the coronavirus pandemic on older people living in nursing homes or other institutional care settings.

Most People Say They Want to ‘Age in Place.’ But What Does That Really Mean? Three top factors that may affect your living decisions as you age.

Individual investors have more investment options than ever before—which means it’s harder than ever to design an effective portfolio.

2 Ways to Avoid Big Portfolio Mistakes New guidelines to help investors build effective portfolios.

What should be in your investment portfolio? The specifics will depend on several factors, such as your goals, time horizon, and risk tolerance. But overall, investors can benefit from strong diversification—that is, spreading your money across multiple types of investments.

Portfolio Basics: How to Build an Investment Portfolio Your guide to creating and cultivating a portfolio that works for you.

It is well known that equities are subject to both booms and busts, testing the discipline of most investors and leading legendary investor Warren Buffett to conclude: “Investing is simple, but not easy.”

How Likely Are Market Crashes? What investors can do to identify warning signs and address the associated risks.

The underperformance of U.S. value stocks since the Great Recession has received much attention from the financial media, and prompted at least some investors to conclude that value investing is dead.

It’s Too Soon to Say the Value Premium Is Dead Investors face a choice: the comfortable path or the diversified one.

In our recently published 2023 Diversification Landscape report, we took a deep dive into how different asset classes performed in the past couple of years, how correlations between them have changed, and what those changes mean for investors and financial advisors trying to build well-diversified portfolios.

What High Inflation Means for Your Portfolio History offers key lessons on diversification in times of inflationary pressure.

Health savings accounts were far from an overnight sensation. George W. Bush signed the legislation that allowed for HSAs in 2003, but by the end of that first decade, the accounts had still gained only about $10 billion in assets.

Can You Save Too Much in a Health Savings Account? Even savers whose assets exceed their healthcare expenses have some escape hatches.

One of the more controversial aspects of the tax code in the United States is that it effectively incentivizes homeownership. For starters, homebuyers may be able to deduct the mortgage interest on their primary residences and loans for capital improvements, up to certain levels, as well as their property taxes.

Will You Owe Taxes When You Sell Your Home? Documenting improvements can boost cost basis, lower the odds that you’ll owe.

If you’re signing up for employer-provided benefits, don’t just re-up for last year’s choices.

A Checklist for Open Enrollment Season

Husband-wife financial adviser team practice what they preach, recommending lots of open communication and aligned priorities.

Five Tips for Becoming a Financially Successful Couple

Home may be where the heart is, but after it’s inherited, it’s where heirs have to manage upkeep and deal with family conflicts related to what to do with it. What should parents do instead?

Your Home Would Be a Terrible Inheritance for Your Kids

Savings rates have been rising steadily since March 2022, but that could soon change. Should you switch now?

Will Savings Rates Keep Going Up in 2023?

A long and happy retirement takes more than just money. Here are seven things happy retirees do – besides dutifully saving the money they’ll need to quit the 9-to-5 grind.

Seven Habits for a Happy Retirement

Planning for retirement can be daunting, but the plan is what makes it more likely you’ll get to spend retirement relaxing and doing the things you love.

Four Steps to Help You Have a Comfortable Retirement

Some people have to, but there are plenty of folks who might want to do some soul searching to determine how work fits into their ideal day. (Hint: It likely doesn't.)

Why Are You Still Working?

Three financial advisers who specialize in retirement income planning offer some guidance aimed at trying to ease the concerns of soon-to-be retirees.

Glass-Half-Empty Retirement Outlook? Here’s Some Advice

Should You Use a Roth or Traditional IRA?
Roth or traditional IRAs are great tools for building a robust nest egg, if you know how to use them.

Should You Use a Roth or Traditional IRA? Roth or traditional IRAs are great tools for building a robust nest egg, if you know how to use them.