Drake & Associates Blog

03Feb 2016

Believe it or not, the busy spring housing season unofficially kicks off the beginning of February. Local financial professional, Mike Williams, talks with Milwaukee’s WTMJ-4 about some of the most common hidden costs homebuyers overlook. Click here for a mortgage calculator and other finance tools.

01Feb 2016

It’s a fact that women often pay more than men do for things like razors and haircuts, but you may be surprised to learn that on average, prices are 7% higher for women on hundreds of items… the only difference? The packaging. Financial professional, Nick Foulks, with Drake & Associates talks with Fox 6 Milwaukee […]

01Feb 2016
weekly market update

Weekly Market Update – February 1, 2016 Stocks experienced another volatile week with high daily swings in value. Despite the lingering uncertainty, stocks ended the week higher on the back of better-than-expected earnings reports and higher oil prices. For the week, the S&P 500 gained 1.75%, the Dow grew 2.32%, and the NASDAQ added 0.50%. […]

25Jan 2016

Tony Drake, CFP® talks with Milwaukee’s WTMJ-4 about how 20-somethings can spend wisely and save money. Watch the video below! Forgetting to establish a credit history. Click here to find your free credit report. Taking out too many high interest credit cards Going for a graduate degree. Click here to read more about how to […]

12Jan 2016

From baby clothes to shampoo, women pay more than men for hundreds of products they use every day. The only difference is the packaging! So how can women avoid paying the “pink tax”? Certified Financial Planner, Tony Drake, shares some ideas with Milwaukee’s WTMJ-4. 1. Toys 2. Hair care products and razors 3. Deodorant 4. […]

11Jan 2016

Everyone is talking about the big Powerball jackpot of $1.4 billion this week! Winners will face some big decisions after hitting the jackpot! Financial professional Nick Foulks talks with Milwaukee’s WTMJ-4 about financial windfalls and what to do if you strike it rich. Click here for our budget worksheet.

04Jan 2016

Is your New Year’s resolution to be better with your money? For so many of us, our resolutions about budgeting, spending and saving turn into epic fails year after year. Financial professional Tony Drake talks with Milwaukee’s WTMJ about 5 common reasons budgets fail: 1. Your Goal Isn’t Clear 2. You’re Using the Wrong Numbers […]

29Dec 2015

The holiday season is leaving many shoppers with holiday debt! In the video below, financial professional Nick Foulks talks with Milwaukee’s FOX 6 about 5 steps to reduce and pay-off the holiday hangover. 1. Get Organized 2. Go Lean 3. Build Momentum 4. Get a Lower Rate 5. Look to the Future Click here for […]

15Dec 2015

Online shopping is growing in popularity. In the video below, financial professional Mike Williams talks to Milwaukee’s WTMJ about 5 tips to save you money when buying online. 1. Shop Around 2. Hunt for Coupons 3. Sign up for Emails 4. Get Free Shipping 5. Be Patient To comparison shop, use PriceGrabber.com or Savings.com PriceJump. […]

09Dec 2015

The gift card is the top item on everyone’s Christmas wish list this year — Americans will spend nearly $32 billion! Financial Professional, Nick Foulks, talks with Milwaukee’s WTMJ-4 about how to avoid fees, fakes and fraud. Click here to compare gift cards from retailers, restaurants, airlines and gas stations on Bankrate.com.

01Dec 2015

Charitable giving is at an all-time high! Americans gave $358 billion dollars to charities in 2014. Financial professional Nick Foulks talks with Milwaukee’s FOX6 about 5 steps to make the most out of holiday donations: Click here for a list of charities eligible for tax exempt status by the IRS. Click here to see how […]

01Dec 2015

We have a tendency to over-do it at the holidays — too much eggnog, sweet treats and shopping. A new survey found 62% of parents admit to overspending at the holidays. That may not be surprising, but the way they are funding their fun should be. Many are dipping into emergency funds or raiding retirement […]