Welcome to the My-Investing Education website.  We believe that anyone can take control of their financial situation and reach financial security.  We are committed to providing a sound financial education to enable you to establish good financial habits and secure your financial future.  My Investing Education will take you through a step-by-step process.  The four steps are:

1. Get Control of Your Money
2. Get Your Money to Work for You
3. Investing for Your Future
4. Advanced Investing and Stock Selection

Here are some details about what we teach you to do.

get control of your money

There are 2 important things you need to know – what you own and what you owe.  We will guide you through filling out a net worth statement and provide feedback as to where there are opportunities to get control of your money and teach you how to develop a plan to improve your financial condition.  Net worth is a measurement of where you are in your financial life now and where you can go. 

This goes beyond surviving your month-to-month expenses.  It identifies if you are on track with your savings, if you are in control of spending and debt, and if you are saving a reasonable amount of money for your future.

There are many ways you can reduce your monthly spending and save more money while maintaining your current lifestyle.  There are enormous opportunities to reduce your monthly bills, credit card balances, student loans, insurance, etc.  And, there are even more opportunities to earn more money with your current savings and investments.

Once you see your net worth results, you will see where the opportunities are.  We will teach you how to build a plan to maximize your savings, get spending under control, reduce debt, and ultimately improve your net worth. 

get Your Money To Work For You

We all work hard to earn a living.  There are many opportunities to find money at work.  At least 1/3rd of employees admit they really do not understand the benefits that are available to them at work.  And, even more employees do not take advantage of all the benefits their employer offers.  We will show you how to take advantage of these benefits to build your wealth.

Many workplace benefits require enrollment, such as health benefits, life insurance and retirement.  But there are many overlooked benefits that do not require enrollment.  For example, childcare, elder assistance, mental health programs, health plans choices, fitness and wellness, and transportation, to name a few. 

Many work benefit also allow you to take advantage of tax savings.

We can teach you how to take that money you work so hard for and make that money work for you.  Let us help you find that path to maximizing the benefits available to you for financial security.

Once you see your net worth results, you will see where the opportunities are.  We will teach you how to build a plan to maximize your savings, get spending under control, reduce debt, and ultimately improve your net worth. 

INvesting for your FUTURE

More than 40% of adults do not understand their pensions or retirement benefits.  Many people start a new job and fill out all the necessary forms.  Their Human Resources advisor (whether that is a human or a website) helps them complete the paperwork for health benefits, retirement planning and life insurance.  Most companies will encourage new employees to be conservative or take advantage of a life cycle or target  funds without really knowing their financial position, risk tolerance and requirements.

Of all employers, 68% offer a 401(k), 403(b), 457 or other retirement plan for their employees.  Only 51% of employees actually participate meaning 17% of all employees are  potentially leaving free money on the table.  Are you one of these and do you know what your retirement plan consists of?   

Almost 15 million people who have access to a 401(k) or other retirement plan change jobs each year, and 5 million of them have a balance of less than $5,000.  Most employees cash in their retirement plans instead of transferring the money to a new job or another retirement account.  Leaving savings opportunity on the table and paying high taxes on that $5,000. 

Those who do have a retirement plan do not understand what it is invested in, how those investments are performing, and what fees they are paying to maintain it. 

We can teach you how to understand your 401(k), 403(b) or 457 plan or other retirement plan, what it consists of and if it’s right for you and your family.  Is your retirement strategy good enough for your future 65-year old self?  We can teach you how to maximize your benefits and retirement strategy to provide the greatest returns over time to secure your future.

Advanced Investing and Stock Selection

There are so many financial instruments available that it is confusing.  Many people believe that if they don’t have an accounting degree or don’t work on Wall Street they cannot begin to understand all the options and achieve great returns.  Large sums of money are left in banks and brokerage accounts achieving minimal returns.  Those banks and brokerage houses are happy to keep your money.

We can teach you how to understand your options and make the right choices:

•         Savings Account
•         Money Market Account
•         Treasury Bonds
•         Mutual Funds
•         Exhange Traded Funds
•         Index Funds
•         Bonds
•         Individual Stocks

If you are interested in learning more about what is available to you, we can teach you how to make the best choices for you and your family based on your finances.  We can also teach you how to assess the performance of your investments over time and ensure that they achieve reasonable results.  Let us help you build the wealth you work hard for and deserve.

In summary, once you work through these four steps, you will be able to provide appropriate financial security for yourself and your family.  You will also be able to measure and monitor your financial security.