Financial Coaching with Bryan Pruitt

05/08/2025

A 529 plan is a good way to start saving for your kid's college education. Most of these plans can be used for any educational expenses and can be cashed out or transfered to a sibling once education is completed.

Enroll by June 30.

02/19/2025

That doesn't look good.

Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York.

Credit card balances jumped by $45 billion in the fourth quarter of 2024, driven in part by holiday spending, and are now 7.3% higher than a year ago.

Find out why experts say "no one should be surprised" about the new record: cnb.cx/4jRGfYy

06/14/2024

If your employer offers a 401k and you haven't started investing, here is a good place to start. If you have started investing but need to know more, there is some valuable ingormation for you here, as well.

Ready to invest but have no idea where to start? In need of an investing checkup? No worries! We’ll walk you through the basics of 401(k) investments.

02/01/2024

How do you compare?

Uncover intriguing data on the average 401(k) balance by age. See where you lie in the spectrum and steps to improve your 401(k) balance.

08/07/2023

If you have loved ones and hope to leave a legacy, just a reminder that a will is the best plan of action.

12/12/2022

This is not a good plan, even though it may be tempting to put some money in the bank at this time.

401(k) savers are raiding their nest eggs due to financial hardship at elevated rates, suggesting they need fast cash amid quickly rising consumer prices.

11/18/2022

Did this once and I will never do it again. No better way to turn a $23k car into a $31k purchase.

11/16/2022

https://www.cnbc.com/2022/11/15/household-debt-soars-at-fastest-pace-in-15-years-as-credit-card-use-surges-fed-report-says.html

Households increased debt during the third quarter at the fastest pace in 15 years due to hefty increases in credit card usage and mortgage balances.

08/25/2022

What does this mean for you?

How do you feel about this if you don't have student loan debt?

President Biden’s move means the student loan balances of millions of people could fall by as much as $20,000. This F.A.Q. explains how it will work.