Four tips for recovering from unemployment. Any period of unemployment is fraught with stress – both personal and financial. While landing that formerly-elusive new job can be a relief, it is only the first step on the road to recovery from unemployment. This transition time is akin to breaking the surface after being underwater for [...]

You’re suddenly rich. Now what? What’s the plan when you have a windfall? Through luck, inheritance, talent, or legal decisions, some people receive “sudden wealth” – a lump sum of money that is at least several times their annual income. Sometimes people think that the money will solve all of their problems. But if they [...]

Health Savings Accounts offer you tax breaks and more. Why do people open up Health Savings Accounts in tandem with high-deductible insurance plans? Well, here are some of the compelling reasons why younger, healthier employees decide to have HSAs. #1: Tax-deductible contributions. These accounts are funded with pre-tax income. Your annual contribution limit to an [...]

At Rainstone Financial we create plans designed to help clients make good decisions and accumulate them one on top of another. The challenge has always been how to make good decisions to begin with, especially when there is so much uncertainty in the future. We work off of four first principles that seem to stand the test of time. Regardless of fluctuations in the financial markets, recessions, how old someone is or what type of work they do, these principles still hold true.

Interest rates on 15-year fixed mortgages are near record lows. Mortgages have become even cheaper. This summer, economists and real estate industry analysts looked at skidding Treasury yields and wondered just how much further interest rates on home loans could fall. The answer: perhaps even further. On November 17, interest rates on 15-year FRMs averaged [...]