Drake & Associates Blog

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 […]

18Aug 2015

The government’s largest benefits program just turned 80. Most Americans don’t know the basics when it comes to Social Security. The majority of people failed a recent quiz on the topic. And what they don’t know, could cost them. Certified Financial Planner, Tony Drake, talks with Milwaukee’s WTMJ in the video below about areas where […]

04Aug 2015

Celebrate Wisconsin! It’s loads of fun, but once you factor in tickets, food and rides, the State Fair can be expensive. However, there are ways to enjoy the fair on a budget. Nick Foulks shares 5 money saving tips for fair-goers with Milwaukee’s WTMJ-4. To check out deals at the fair from August 6-16th, click […]

30Jul 2015

Back-to-school shopping is getting more and more expensive! The average family plans to spend $630 this year. In the video below, financial professional Nick Foulks talked with Milwaukee’s WTMJ-4 about 5 ways parents can use back-to-school shopping as a teaching tool: Click here for a back-to-school budget worksheet. Click here for an interest rate calculator.