SC Financial Services

Blog

The Easy Way To Get Started On Your Estate Plan

In your great to-do list of life, where does estate planning fall? Many people prioritize saving for retirement and paying down debt yet completely ignore the importance of estate planning. We get it. Not only is it easy to get caught up in the pressing needs right in front of us, but it’s also no fun thinking about our own disability or death; we believe it’s too costly to get these documents in place; or we think we don’t have enough money to worry about estate planning.
View More >>

Did You Notice Your Accounts Have Been Rebalanced?

After many years of growth and strong returns, the markets are now testing us. We know that market cycles are natural and expected and volatility is just part of the game. That doesn’t mean we just cross our fingers and ride out the storm. Instead, we take proactive steps to protect your wealth and position you for a successful future. Right now, that means we are investing more cautiously, seeking quality and steady growth, and not taking extra risks when rewards are questionable.
View More >>

5 Steps To Get Your Financial House In Order

Life can get messy, but your finances don’t have to follow suit. Regardless of if you’ve recently experienced a major life event or you’ve just gotten behind on tasks, you’ve come to the right place. Here are 5 proven steps you can take right now to take control of your financial life.
View More >>

My Favorite Things To Do In Scottsdale, AZ

With the Sonoran Desert as its backdrop, Scottsdale, Arizona, offers visitors and residents a variety of fun-filled activities, such as luxurious spas and resorts, lush golf courses, educational historic sites and museums, delicious eateries, and much more. You would be hard-pressed to have a boring experience when visiting this city.
View More >>

6 Money Lessons To Teach Your College Graduate

To say recent college graduates face financial challenges is an understatement. Many Millennials and Gen Z young adults grew up either experiencing the effects of the 2008 recession firsthand or watching their parents struggle through it. And now they’re launching out on their own, trying to figure out this complex financial world.
View More >>

Do You Know About Our Other Services?

When you think of a financial services firm, your mind probably goes straight to financial planning and investment management. Oftentimes, that’s exactly what you’ll get.
View More >>

5 Unexpected Threats To Your Retirement Plan

What is your number-one fear in retirement? If you’re like most Americans, your top fear is that you won’t have enough money to last through retirement. In fact, only 27% of pre-retirees believe they’ll be financially ready for a retirement lasting 10 years. While your current retirement account balance may be causing you stress, there are other little-known and often ignored threats that could cause you to lose the nest egg you have diligently worked for, no matter how big or small it is.
View More >>

How Business Owners Can Catch Up for Retirement in a Hurry

Business owners are pioneers in their fields. They take risks and work hard to make their dreams a reality. Whether it’s offering a service you are passionate about or creating a product to meet a specific need, owning your own business can give you great freedom and power in life. But it also comes with great responsibility.
View More >>

What We Do and How We Can Help

Have you ever played chess? If your answer is yes, then you know that it’s a complicated game that requires you to consider all of your options, assess threats to your success, and analyze how each play will impact the rest of the game. Planning, coordinating, and implementing a financial strategy is a lot like a chess match. If that thought gives you a headache, the good news is that you don’t have to juggle your many financial decisions and the burden of managing your financial life alone.
View More >>

Why I Became A Financial Advisor

I wouldn't say that a financial advisor is what I always thought I would be. No, at the young age of nine I wanted to be a veterinarian. I entered college as a biochemistry major and was on my way. Yet, as most freshmen soon find out, the dreams of childhood and the practicality of making it happen set in after a few college-level science courses! It was then when I was introduced to my first economics course.
View More >>

Top 5 Things to Do During a Volatile Market

The market takes a tumble and then keeps fluctuating, so it's understandable that you're feeling nervous about your investments. But with investing, making decisions based on fear can lead to costly mistakes. Here's how to get through this years forecasted bumpy ride without losing your composure or your money, for that matter.
View More >>

What Should You Do During a Stock Market Decline?

This is a recent correspondence we sent out to our clients that we thought might be of interest to others so we are sharing it here. What Should You Do During a Stock Market Decline? The markets took a big dip early this week, reacting to fears of potential trade wars and an economic slowdown. After the Dow lost nearly 800 points, investors are understandably nervous. If you are worried about your retirement accounts, you’are not alone
View More >>

The Tax Cuts & Jobs Act : Which Provisions are Temporary and Which are Permanent

The Tax Cuts and Jobs Act (TCJA): Which Provisions are Temporary and Which are Permanent? The Tax Cuts and Jobs Act (TCJA) includes a number of important tax changes for individuals and businesses. However, it's often difficult for advisors and investors to keep track of which changes are permanent and which are scheduled to expire at the end of 2025 - unless Congress extends them. Here's summary to help you keep track of the permanent vs. temporary changes as the tax law stands
View More >>

Top Five Strategies for Successful College Planning

College applications are out and if you are like us, you are quietly holding your tongue allowing your child to attempt navigation of this formidable process on their own.  After all, this is often their first encounter with adulthood and the responsibilities of getting it right or the results won’t happen.  Of course, as a parent, you are available for input when asked, but often it is when it is late in the application stage or it may even be something you do not have any
View More >>

Top 10 Tips for Saving Money in College

Top 10 Tips for Saving Money in College Establishing healthy financial habits in college is good practice for life as a working adult, and there are lots of ways for students to cut costs while in college. Check out some of our top tips below. Buy used textbooks. A single new textbook can cost several hundred dollars, but often these items can be purchased used through such outlets as Amazon, AbeBooks or the on-campus bookstore. When purchasing used textbook
View More >>

Budgeting for College Students

Budgeting as a student is an essential component of making college affordable, but far too often students don’t have the tools needed to succeed. A 2016 study found that 43 percent of students don’t track their spending while 58 percent said they aren’t saving money each month. Based on these figures, it should come as no surprise that a separate study found 7 out of 10 students are stressed about
View More >>

A Guide to Earning the Most Coveted Financial Aid Awards for School

Did you know that an estimated $46 billion in college grants and scholarships are awarded by the U.S. Department of Education and different academic institutions every year. But there are a handful of top-tier awards for high-performing, standout students known as Prestige Scholarships. Qualification standards are much higher than typical financial aid options, and finalists must be both outstanding academically and highly involved as community advocates or leaders. So, what exactly do these hig
View More >>

May is Military Appreciation Month!

Each year since 1999, May has been proclaimed Military Appreciation Month. It's a great time to say "thank you" to military service members and their families, past and present, and to honor those who have died in the service of our country.
View More >>

FIVE WAYS TO HELP "KIDS THESE DAYS" BECOME FINANCIALLY FIT

Kids These Days! I’ve said it. I never thought I would, but I have. It’s just a more empathetic “kids these days!” than our parents intended. That’s because the world kids these days confront when they graduate college and set out on their own is very different than the one we faced. I can’t help but have empathy. At SC Financial Services we often have the opportunity to help our
View More >>

Financial planning for the lifespan of a business

The article below written by Nate Werner provides a snapshot of the planning a successful entrepreneur needs to have to focus on his own personal financial goals that are commonly overlooked. In particular I thought his step by step guidance to overcome common problem are quite practical and he includes an overview of business exit planning options as well. Please let us know if you enjoyed this or if there is any other topic in particular you would like us to provide.
View More >>

How to Start a Business in Arizona

A friend and colleague of ours, Attorney Juliet Peters wrote this article on how to start a business in Arizona.  We thought it was a good read with some insights for all our entreprenuerial friends so I have shared a link to it here.  Enjoy the article and by all means let us know if you have any questions. http://www.frameworklegal.com/single-post/2018/03/27/How-to-start-a-business-in-Arizona
View More >>

There's Still Time to Contribute to an IRA for 2017

There's still time to make a regular IRA contribution for 2017! You have until your tax return due date (not including extensions) to contribute up to $5,500 for 2017 ($6,500 if you were age 50 by December 31, 2017). For most taxpayers, the contribution deadline for 2017 is April 17, 2018.You can contribute to a traditional IRA, a Roth IRA, or both, as long as your total contributions don't exceed the annual limit (or, if less, 100% of your earned income). You may also be able to contrib
View More >>