3701 Long Beach Blvd. Suite 100, Long Beach CA 90807

Tel: (877) 828-8877

  • Facebook - White Circle
  • Twitter - White Circle
  • White Yelp Icon
  • LinkedIn - White Circle
  • YouTube - White Circle

© 2016 Wealth Management Financial Advisors, Inc. All rights reserved.

 

Blog Series

June 6, 2016

California’s African American and Latino communities continue to experience high levels of foreclosure activity. The Office of the State Comptroller (OSC) reported on the foreclosure problem in 2012, highlighting its impact on local governments. Since then, trends in both new foreclosure filings and the total number of pending foreclosure cases indicate that the problem is far from resolved. Although new foreclosure filings have shown signs of leveling off since 2013, they remain significantly higher...

June 4, 2016

When you are experiencing financial chaos, your primary goal is to be free of debt. This requires discipline and structure. You may rebel against the notion of discipline because it feels as if you are being punished. But you must realize that you are punishing yourself. When you live beyond your means, if you spend without a Smart Budget, if you live without a plan you are punishing yourself and your creditors. When you are in debt, spending money without discipline means you are spending future mon...

June 1, 2016

Hello Clients and friends,
 
Did you Know?
 
““The major sources of wealth for most of the super rich are inheritances and in life transfers. The big reason is racial differences in access to resources to transfer to the next generation.” Darity added that the practices of enslavement, violence, Jim Crow, discrimination and dispossession of property have kept generations of African Americans from accruing the type of wealth that whites in the top 1 percent have today.” 
 
The typical white family ear...

May 28, 2016

Hello Clients and friends,
 
Thank you for attending our seminar Let’s Talk Money: Federal and State Taxes at the Vision Theater (Leimert Park). We hope that you found this workshop very useful.
 
The famous saying “In this world nothing can be said to be certain, except death and taxes” is often attributed to Benjamin Franklin. Whether or not Franklin was the first to say this famous quote, the quote itself is quite good in putting forward the feeling people have towards tax.
 
While most do not jum...

May 25, 2016

What are the qualities that attract you to another person? Is it, charisma, kindness, or physical appearance. Think about it, is not charisma or even a smile but gratitude. In fact, if you think about it, chances are good that the people you like and respect the most both personally and professionally have no problem showing their appreciation. Make the effort to adopt gratitude year-round, the results can prove astonishing.

May 18, 2016

My mother transferred her home to me shortly before she went into a nursing home in order to keep her home in the family, and most importantly to become Medicaid eligible. Consequently, I realized that there were some back taxes owed on the property. What are my options in keeping this property?
Adiza....
 
Hello Adiza,


Falling behind with your property tax payments may lead to the following but not limited to:

  • A tax lien being placed on your home

  • Loosing your property in a tax sale

  • Tax...

February 23, 2016

 

A low credit rating or bad credit report can negatively affect virtually every aspect of your life. Whether you are consistently late on your car payments or over your limit with your credit cards, bad credit can make purchasing on credit virtually impossible and it can limit your lifestyle in many different ways.

 

For instance, if you are planning to purchase a new or used car, it may be virtually impossible to secure a financing loan if you have a low credit report rating. Even if you can obtain a...

February 4, 2015

Most people think it is their house. They are wrong. Maybe it’s your bank account. Wrong again. For the vast majority of people, the greatest asset they have is the ability to generate income.

 

Think about that for a moment…

 

How does the mortgage for the house get paid?


How does that bank account get filled?


How do you repay debt, fund retirement and pay on investment accounts? or pay for food, shelter, clothing and other life essentials?

 

Unless you are independently wealthy, your investments cre...

April 17, 2014

Last Saturday night, I saw someone that I had not seen in a while. After the usual how is your husband, your acting/writing, she said to me,” I heard your business is doing very good, you sure know how to reinvent yourself and your business. Also, I heard your girlfriend retired with lots of money and moved to a palace in Ghana.”

 

Sometimes your brain tells you the grass looks greener across the street.  But why is this?  Everyone else your age already have children. If you had just finished college w...

Please reload

Featured Posts

Ask Marie: That Could Trigger an IRS Audit?

June 25, 2016

1/10
Please reload

Archive
Please reload

Follow Us
  • Grey Yelp Icon
  • Grey Facebook Icon
  • Grey Twitter Icon
  • YouTube - Grey Circle
  • Grey LinkedIn Icon