Back Cove Financial

09/01/2026

Bonds have faced an unusually long period of challenges, raising questions about their role in diversified portfolios. This Kiplinger article explores how the bond market’s recent history may answer questions about diversification and staying prepared for changing market conditions.

Sentiment toward bonds is deeply negative right now, and opinions are divided on the best way to achieve diversification. How should investors move forward?

08/26/2026

We arrived, observed, and collected trash. 🫡

Our team signed off to spend some time giving back to a place we’re lucky to call home. In collaboration with Maine Island Trail Association, we spent the day cleaning up Jewell Island in Casco Bay and helping care for one of Maine’s wild coastal ecosystems.

We’re grateful for the opportunity to get out on the water, get our hands dirty, and do our part to keep Maine’s islands beautiful and accessible. Thank you to our friends at MITA!

08/20/2026

What is a financial plan? Your plan should help you live with purpose and align with your values, goals and aspirations.

As this Wall Street Journal article explains, a financial plan looks at the bigger picture. From cash flow and savings to investments, taxes, retirement, and the factors that influence your financial decisions. Read more.

A personalized roadmap for reaching your goals.

08/18/2026

As college students head into a new chapter, it can be a good time to talk about the basics of managing money, from budgeting and saving to using credit responsibly.

This Kiplinger article offers some helpful reminders for parents and college-bound students.

Your child might have all their dorm supplies, but have they got everything they need to be financially independent when they start college?

08/13/2026

🚌 Back-to-school season has arrived, making it a perfect time to teach your children that money plays a role in everyday decisions. Whether setting a budget for school supplies, comparing prices, or deciding how to spend, these moments can serve as lessons in financial literacy.

Find back-to-school literacy tips, guides, and checklists for parents and kids through the following link.

Money saving back to school financial literacy tips for parents and kids from the National Financial Educators Council, complimentary.

08/10/2026

IPOs can generate a lot of attention, but there’s more to consider than the headlines. This Kiplinger article provides an overview of IPO prospectuses and some of the information they contain, including company financials, management, and potential risks:

The IPO market is red-hot these days, but before you invest in an IPO, you need to read the prospectus. Here's what to look for and where to find it.

08/06/2026

The first half of the year has brought no shortage of market-moving events, from economic policy changes to advances in AI and global developments. This midyear market outlook explores some of the key trends and themes shaping today's investment landscape. Watch the LPL Financial 2026 Midyear Outlook: https://www.commonwealth.com/insights/lpl-financial-2026-midyear-outlook-the-market-observatory-video

08/04/2026

Healthcare costs continue to rise, but choosing the right tax-advantaged account can help you make the most of your healthcare dollars. Whether it's an HSA, FSA, or HRA, understanding how each option works can help you save on medical expenses today while planning for the future.

The Difference Card reports that rising healthcare costs have made tax-advantaged accounts like HSAs, FSAs, and HRAs essential for employees and employers.

07/30/2026

Paying off credit card debt does not have to mean putting your savings on hold. Building even a small emergency fund while tackling debt can help you avoid relying on credit when unexpected expenses pop up. This NPR article shares practical tips for balancing both goals:

In fact, experts recommend it because it can keep you off the hamster wheel of debt. Here's how to find the money in your budget to put toward savings and credit card payments.

07/28/2026

This thoughtful article shares three simple questions about retirement that can help you look beyond the numbers and reflect on what matters most in your next chapter. A worthwhile read for anyone thinking about retirement, whether it's years away or just around the corner. 💙

I'm a retirement writer. Three deceptively simple questions helped me focus my retirement and life priorities.