Good Financial Reads: Ways to Negotiate a Higher Salary, Switching to an Online Bank, and More

Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.

Catch up on some of the latest posts with this week's roundup:

4 Fool-proof Ways to Negotiate A Higher Salary

by Scott Frank, Stone Steps Financial

Negotiating a higher salary is one of the most effective ways to maximize your lifetime earnings potential. Negotiating your salary before accepting a new position increases the amount of income you will earn in your new role as well as future ones. If you are renegotiating your salary at an existing company, the same advice applies.

[Read the Full Article]

Should You Switch to an Online Bank?

by Ed Leach, Upswing Advisors

In the last decade, online banks have grown in number and popularity. What was once a niche market dominated by a few big players has become widespread, with a wide number of banks with strong reputations entering the space. Online banks differ from traditional banks in that they don’t have brick-and-mortar branch locations. This business model translates to increased operational efficiency because online banks do not have to pay rent for branch locations and hire branch employees. So why should you care about a bank’s business model?

[Read the Full Article]

5 Ways to Maximize Your Inheritance

by Katie Brewer, Your Richest Life

When you receive an inheritance, regardless of amount, you’re going to need to figure out how to put it to its best use. Depending on who left it to you, you may have different emotions and ideas surrounding that decision. Here are some of the most common questions and scenarios you might face with an inheritance – and the best ways to deal with it going forward:

[Read the Full Article]

5 Smart Questions to Ask About Your Retirement Accounts

by Mary Beth Storjohann, Workable Wealth

The wide world of retirement investing can seem a little overwhelming and can get overly complicated way too quickly. For those not prone to pore over spreadsheets, the abundance of data can lead to paralysis – but it doesn’t have to.

Thankfully, planning for your retirement isn’t an all-or-nothing endeavor. Educating yourself about your accounts – even in small increments – goes a long way.

[Read the Full Article]