by MRA Advisory Team | Oct 1, 2025 | Finances, Planning, Safety Net, Savings, Women & Wealth
Many of the money “rules” aren’t rules at all, they’re mostly myths. From renting is “throwing your money away” or lattes “will keep you poor”, we tackle five bad myths. Many of these myths recur frequently because...
by MRA Advisory Team | Sep 18, 2025 | Safety Net, Savings
As workers across the country make their employee benefits selection during open enrollment over the next month or two, financial advisors say there’s an opportunity to educate young, healthy clients about the advantages high-deductible health plans. In addition to...
by MRA Advisory Team | Jul 31, 2025 | Budgeting Tools, Finances, Financial Savings, Goal Setting, Planning, Retirement Planning, Safety Net, Savings
Only a small slice of Generation Z is in the habit of paying themselves first. Just 15% of Gen Zers set aside a percentage of every paycheck in savings, and only one in five contribute to a 401(k) or other retirement account, according to a 2024 Bank of America...
by MRA Advisory Team | May 15, 2025 | Emergency Planning, Finances, High Yield Savings Account, Planning, Safety Net
An emergency fund isn’t just for major disasters. It’s for life’s everyday surprises: a flat tire, an unexpected medical bill, or a layoff you didn’t see coming. And while the idea of saving up months of expenses might sound overwhelming, getting started is easier...
by MRA Advisory Team | Apr 15, 2024 | High Yield Savings Account, Portfolio, Safety Net, Savings
Have you considered the cash you keep at banks or other financial institutions? We’ve put many clients into the Federally Insured Cash Account (“FICA”). FICA offers: 1. A rate of 4.94% APY* 2. FDIC insurance up to $25 million per account...
by MRA Advisory Team | Apr 2, 2024 | Budgeting Tools, Emergency Planning, Financial Planning, Retirement, Safety Net
Reaching certain financial milestones can help you build a strong foundation for your future and set you up for long-term financial success. Here are five money milestones you should aim to hit before you turn 30: Developing a budget and sticking to it: One of the...
