IFW Education Center – All
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Honoring Our Senior Citizens: Wisdom for Future Generations
Ever wondered what secrets our elders hold for a successful life? Respect…
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Protecting Seniors: Top 10 Financial Scams & How to Avoid Them
Every year, seniors are hit by financial scams like investment fraud and…
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How Much Should You Have Saved for Retirement by Now? (Ages 45, 50, or 60)
“Retirement is wonderful if you have two essentials – much to live…
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Smart Wealth: What the Rich Teach Their Kids About Money Management
“It’s never too early to start saving, but it can be too…
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Leading the Bull: Women’s Empowerment and Influence in Financial Leadership
“Don’t be intimidated by what you don’t know. That can be your…
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How to Celebrate Your Employees: National Employee Appreciation Day
“To win in the marketplace, you must first win in the workplace.”…
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5 Things You Need to Know: Navigating the FSA Deadline with Ease
“The habit of saving is itself an education; it fosters every virtue,…
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Empowering Your Future: The Benefits of Global Money Week for Financial Education
“The goal isn’t more money. The goal is living life on your…
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Choosing Between College and Retirement Savings
Saving enough money to help pay for your children’s college education is…
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Understanding Matching Contributions
Receiving matching contributions to your retirement plan from an employer is one…
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What is a Profit-Sharing Plan?
While choosing from the various kinds of retirement plans available, an employer…
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If You’re a 1099 Employee
Regardless of how you earn income, you will still need proper tax…
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Let’s Talk Financial Apps
Not long ago there was the Bank or a Brokerage house where…
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Extend Your Retirement Budget with the Gig Economy
Retirement savings need to last longer than ever. The good news is…
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Selling a Home That is Financially Underwater
Being underwater on your mortgage does not refer to having a flooded…
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Managing Your Child Care Expenses
Most people preparing for their first baby are shocked and even dismayed…
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Additional Financial Home Buying Obligations
You have found your dream home in the perfect neighborhood for you…
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Buying vs Renting a Home
Does it make more sense to rent than to buy? That has…
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Down Payment Strategies for First-Time Home Buyers
The idea of buying a first home is exciting. However, coming up…
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Building a Rainy Day Savings Fund
Would you have enough money to pay your bills without running up…
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Employed Again? Do These Things First
As the pandemic continues, unemployment rates have begun to decrease. According to…
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Lower Your Credit Card Rate
Credit card interest rates can be manageable for some people but a…
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FAFSA and You
The Free Application for Federal Student Aid, more commonly known as FAFSA,…
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The True Cost of a College Education
The sticker price of a college education can be shocking. Moreover, this…
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Fixed Rate vs Adjustable Rate Mortgages
You are ready to apply for a mortgage. Your question? Should you…
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15-Year vs 30-Year Mortgages
What makes more sense financially for you, a 15-year fixed-rate mortgage or…
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Should You Refinance Into a Shorter Term Mortgage?
When mortgage rates are low — and in December 2021, the rate…
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Home Affordability
You are ready to make the jump from renting to buying a…
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Stop Living Paycheck to Paycheck
Researchers have found that many households in the United States live their…
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Flexible Spending Accounts for Medical and Dependent Care
Does your employer offer flexible spending accounts? Do you take advantage of…
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Cutting the Cable and Saving Money
How much is cable TV costing you a month? Further, how much…
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Saving on Back-to-School
Between supplies, books, clothing and other back-to-school items, beginning a new school…
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Should I Pay Off My Mortgage As Early As Possible?
This weeks wisdom is going to help you answer the question “should…
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Top Questions People Have Concerning THEIR Social Security
Today I want to answer the questions I get most often concerning…
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Do You Need a Financial Advisor?
Everybody wants to spend their money prudently, save it carefully, and invest…
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Our relationship with money and how we view it is critical!
At the Institute of Financial Wellness we are certainly focused on our…
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Will You Run Out of Money in Retirement?
As the saying goes we live in interesting times. Lately, there are…
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Living with High Student Loan Obligations
College graduates often leave their universities with an unwelcome burden — a…
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Getting Your Retirement Back on Track
The one-two punch dealt by the Great Recession of 2007-2009, followed by…
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Working in Retirement
The traditional view of retirement is changing, and it is changing quickly.…
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Challenge Your Budget Cutting Skills
Saving money. It is something that tops countless numbers of New Year’s…
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Fees & Commissions Inside Managed Money & Mutual Funds
During this week’s wisdom, we are going to focus on the fees…
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Market Volatility…Happens!
Well, it’s been quite a ride these last few years…..the pandemic, supply…
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Disputing a Credit Card Transaction
People rarely carry cash anymore; instead, people typically go cashless and utilize…
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How Many Credit Cards Should You Have?
Figuring out how many credit cards belong in your purse or wallet…
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Using Budgeting Apps
Managing your money can be challenging, but it is essential. Good money…
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Finding Affordable Travel Options
If given a chance, almost anyone would love to travel to different…
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Do You Need a Financial Advisor?
Everybody wants to spend their money prudently, save it carefully, and invest…
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2022 Paycheck Planning
Another year has come to an end, which means new changes to…
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Attention Kids! Your Financial Journey Starts Now
Hi! I am Katharine Weiner, and I live in New York City. …
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Checking & Savings Accounts
Checking Accounts vs Savings Accounts The difference between checking and savings accounts…
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How Income Taxes Work
The Internal Revenue Service estimates that taxpayers and businesses spend about 8…
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Home Equity Calculator: Home Equity Loan or Line of Credit?
Home equity lines of credit often have more flexible repayment terms than…
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Insurance Calculator: Health Savings Account or Traditional Health Plan?
Health Savings Accounts (HSA) offer an opportunity for you to build tax-free…
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Insurance Calculator: Reach Your Health Savings Account Goal
You should be saving money in an IRA or 401k to help…
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Insurance Calculator: Calculate Your Long Term Care Needs
As you or a loved one, grows older, long-term care might be…
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Insurance Calculator: Calculate Your Disability Insurance Needs
As a parent or spouse, your most valuable financial asset may be…
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Insurance Calculator: The Value of Your Future Earnings
We all understand that you cannot put a price tag on the…
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Budget Calculator: Keep Working or Stay at Home?
Making the decision to return to work after staying at home with…
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Budget Calculator: Save or Pay Off Debt
Having savings is important, especially when the savings are part of an…
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Budget Calculator: Calculate Your Net Worth
Determining how much money you are worth is like having a personal…
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Budget Calculator: Spare Change
Most people have a cup, jar or piggy bank full of change…
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Budget Calculator: Balance Your Checking Account
Balancing a checkbook is easy. Start with the balance from your last…
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Debt Calculator: Calculate a Loan Payment
Repayment of a loan requires that the borrower make a monthly payment…
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Debt Calculator: Increase Your Monthly Payment
f you’re trying to pay down some debt, you might be wondering…
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Debt Calculator: Are Credit Card Balance Transfers Worth It?
At some point in time, you are likely to receive an offer…
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Debt Calculator: Use a Lump Sum to Pay Down Debt
If you have received a lump-sum payment from an inheritance, tax refund…
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Debt Calculator: How Long It Will Take to Pay Off a Credit Card
Like many credit card holders, there are times when you might have…
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Debt Calculator: Meet a Debt Payoff Goal
Setting a goal for paying off a mortgage, auto loan, credit card…
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Debt Calculators: Bi-Weekly Payments
One popular strategy for accelerating the payoff of a loan is to…
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Savings Calculator: Your CD’s Maturity Value
A certificate of deposit (or CD) is a savings instrument offered by…
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Savings Calculator: CD Comparison
A certificate of deposit (or CD) is a savings instrument offered by…
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Saving Calculator: Secure Your Emergency Fund
It is always a good idea to have savings tucked away for…
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Savings Calculator: Do You Have A Goal Worth Planning For?
Whether you are trying to save for big screen television, a new…
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Savings Calculator: What Will Your Savings Will Be Worth?
The future value of your savings plan is dependent on the starting…
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Savings Calculator: So You Want To Be A Millionaire!
Everybody wants to be a millionaire, but few have the savings discipline…
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Savings Calculator: College Costs Analysis
Saving for a college education requires advanced planning and knowledge of what…
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Savings Calculator: The Benefits of Compounding
How interest is calculated can have a great impact on the interest…
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Home Equity Calculator: Paying Off Your Loan Or HELOC
The length of time it will take to pay off a home…
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Home Equity Calculator: Consolidating Debt With Home Equity
Home equity loans can be used to consolidate account balances from multiple…
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Home Equity Calculator: Using Home Equity for a Major Purchase
When making a major purchase, using a home equity loan or line…
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Home Equity Calculator: Line Of Credit Payment Analysis
Repayment of a home equity line of credit requires that the borrower…
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Home Equity Calculator: Home Equity Loan Payment
Repayment of a home equity loan requires that the borrower makes a…
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Mortgage Calculator: Loan Amount Calculator
What is a Mortgage? A mortgage is a type of loan you…
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Mortgage Calculator: Down Payment Analysis
The math seems simple: the higher your down payment, the lower your…
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Mortgage Calculator: Debt-to-Income Ratio
Your debt-to-income ratio is the percentage of your gross income used to…
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Mortgage Calculator: Bi-Weekly vs.Monthly
One popular strategy for accelerating the payoff of a loan is to…
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Mortgage Calculator: Home Closing Costs
Closing on a home is the final step in the home purchase…
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Mortgage Calculator: Refinance Analysis
The decision to refinance a home mortgage can involve many factors. You…
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Mortgage Calculator: Adjustable-Rate Mortgage Analyzer
Adjustable rate mortgages typically offer home buyers the advantage of having a…
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Mortgage Calculator: Compare Two Mortgage Loans
When purchasing a home the mortgage you choose and the options you…
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Mortgage Calculator: Lending Decisions
Your ability to obtain a loan for a new home purchase is…
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Mortgage Calculator: How Much Money The Sale Of Your Home Will Yield?
One of the most important questions consumers will ask themselves is “how…
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Mortgage Calculator: To Rent or To Buy?
Depending on how fast prices and rents rise and how long you…
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Car Payment Calculator: Lease or Buy
Does it make better sense to buy or lease a new vehicle?…
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Car Payment Calculator: Gas Guzzler Analysis
As the price of gasoline continues to rise, the question often arises…
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Car Payment Calculator: Payment Comparison
The term of your vehicle loan can make a big difference in…
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Car Payment Calculator: Comparing Monthly Payments
The term of your vehicle loan can make a big difference in…
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Car Payment Calculator: Low Rate or Cash Back?
Vehicle manufacturers or dealers will often offer incentives to purchase a particular…
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Debt Calculator: Consolidation Calculator
Debt consolidation loans allow consumers to transfer the account balances from multiple…
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Car Payment Calculator: Get The Numbers
Your monthly payment is based on the net purchase price of the…
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Home Equity Calculator: Equity Analysis
The amount of equity available for a home equity loan or home…
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Mortgage Calculator: Payment Analysis
Repayment of a mortgage loan requires that the borrower make a monthly…
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Insurance Calculator: Life Insurance Analysis
The purpose of life insurance is to replace your income at the…
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Budget Calculator: Cash Flow Analysis
Getting your spending under control and in line with your income is…
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Savings Calculator: Measure Your Potential
If you are already a saver, you might ask yourself the question…
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Are Online Degrees Worth It?
In the fall of 2018, around 3.26 million students (16.6% of all…
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How Community Colleges Save You Money
According to the U.S. Federal Reserve system, as of November 2020, Americans…
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Minimizing College Application Expenses
From the minute you become a parent, you are told how essential…
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Income-Based Student Loan Repayment Plans
Income-based student loan repayment plans are a type of payment plan where…
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College Savings Plan Options
You look at your paycheck, and then you look at the tuition…
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Graduating from College Debt-Free
According to the U.S. Federal Reserve system, as of December 2020, Americans…
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Finding Scholarships
The cost of a college education is not going down. According to…
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How Much Student Loan Debt is Too Much?
As a student (or a parent of a college-bound son or daughter),…
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How To Become a Millionaire From Your 401(k)
How Can You Reach Your $1,000,000 Retirement Savings Goal? Let’s assume you…
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Retirement Calculator: How Much Do You Need To Save?
How Much Should I Be Saving For Retirement? Saving for retirement can…
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Retirement Calculator: IRA Analysis
Why Should You Invest In Your IRA? Saving has its rewards and…
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Retirement Calculator: 401(k) Comparison Calculator
What’s Better A Traditional 401(k) or a Roth 401(k)? As the IFW…
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Retirement Calculator: Savings Analysis
How Long Will My Retirement Savings Last? This is the ultimate question…
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Retirement Calculator: 401(k) Review
How Can I Get The Most From My 401(k)? If your not…