Drake & Associates Blog

30Oct 2015

Why do couples fight? Most often, it’s about money. Financial professional Nick Foulks talks with Milwaukee’s FOX6 about the most common arguments for parents and expecting couples. — Moms going back to work (30%) — Saving for kids’ education (20%) — Cost of toys and entertainment (16%) — Cost of childcare (14%) Click here for […]

27Oct 2015

Ever wonder where your extra cash is going? Financial professional Nick Foulks talks with Milwaukee’s WTMJ-4 about scary money mistakes many of us are making. 1. Credit Card Payments 2. Energy Errors 3. Social Security Mistakes 4. Unused Gift Cards 5. ATM Fees Click here for an online interest rate calculator. Put your extra cash […]

20Oct 2015

October 18-24 is National Save for Retirement Week, and financial professional Mike Williams talks with Milwaukee’s WTMJ about four ways to take inventory and get on the right track. 1. Take a Financial Selfie 2. Bring Your Lunch 3. Meet Your Match 4. Set A Goal Click here to calculate your savings.

14Oct 2015

Call it middle-child syndrome, but the oft-overlooked Generation X is not financially on track for retirement. Certified Financial Planner, Tony Drake, was featured in a USA Today article focused on improving the financial future of Gen X-ers. Click here to read the online version. Click here to download the PDF version.

09Oct 2015

Bullies aren’t just on the playground or online. Money bullies are often lurking close to home — a family member, friend, even you. Since October is Bullying Awareness Month, Nick Foulks talks with Milwaukee’s FOX 6 WITI about the most common money bullies and how to handle them. Click here for a debt worksheet to […]

06Oct 2015

There’s a disconnect when it comes to couples and their finances! Even though the majority of couples think they’re doing a good job of communicating, many don’t know the basics of their finances. Certified Financial Planner, Tony Drake talks with Milwaukee’s WTMJ-4 about the topics all couples should discuss. Click here for a retirement calculator […]

29Sep 2015

The majority of families got an “F” when it comes to knowledge about 529 college savings plans. About two-thirds of people answered wrong when they were asked what a 529 plan is. Financial professional Tony Drake, CFP® talks with Milwaukee’s WTMJ-4 about what 529 college savings plans are, and how parents can use them to […]

23Sep 2015

Even though the Federal Reserve decided to keep interest rates unchanged for now, there could still be a rate hike this year. Certified Financial Planner, Tony Drake, talks with Milwaukee’s WTMJ-4 in the video below about how it will impact the following areas: 1. Mortgages 2. Credit Cards 3. Auto Loans 4. CD Rates Click […]

16Sep 2015

Are you bad with money and making lousy financial choices? Turns out, you can blame your gender and personality type. Financial professional Nick Foulks talks with Milwaukee’s WTMJ-4 about how your genetic makeup can affect your spending and investing habits. To figure out if you are an introvert or extrovert, click here for a questionnaire.

10Sep 2015

Grandparents are a big part of the family and the family budget. 96% of grandparents say they spend money on their grandchildren. 40% say they spend more than $500 per year on their grandkids. Certified Financial Planner Tony Drake talks with Milwaukee’s WTMJ about 4 ways grandparents can help out and save money at the […]

01Sep 2015

September is Self-Improvement Month, which makes it the perfect time to make some changes in your life, especially when it comes to your finances. Nick Foulks talks with Milwaukee’s WTMJ-4 about how to be your best financial self, now! 1. Boost Your Credit Health 2. Build a Financial “Fortress” 3. Budget For Your Bills Click […]

27Aug 2015

To call Wall Street “turbulent” would be an understatement. After dropping more than 1,000 points at the start of trading Monday, the Dow ended the day with a loss of nearly 600 points. That’s on top of last week’s losses, which were the worst in four years. Financial professional Mike Williams talks with Milwaukee’s WTMJ-4 […]