Happy New Year to all! We hope you had a truly wonderful holiday season. With all the celebrating going on, you may have gotten a bit behind on the personal finance happenings. No worries! Here’s a look back at what we’ve been focusing on: October: Planning ahead for life’s unpredictability: Unexpected things in life happen Read More
Posts By: Matt McKay
Financial resilience: Building momentum in the new year
The hustle and bustle of the holiday season is well underway. If getting financially organized is at the bottom of your immediate to-do’s, it’s completely understandable. But before you know it, the holidays will come and go, and we’ll be preparing to start a fresh new year. Working on those resolutions? Add increasing your financial Read More
The “Whys” – Nerdiness, balance, expectations and approachability
The topic comes up quite often in conversation. People want to know why we decided to go out on our own and found McKay Wealth Management Group in the first place. In the grand scheme of things, starting our own registered investment advisory firm probably wasn’t the easiest way to continue our respective careers after Read More
How to successfully prep your estate for your loved ones – Part 2
In Part 2 of this blog series, let’s cover those regular estate planning to-do’s. By “regular”, we’re talking about those items that need to be reviewed, updated, and checked on from time to time. An annual check-in is ideal. Add it to your New Year resolutions list perhaps! Once you have your estate plan groundwork Read More
How to successfully prep your estate for your loved ones – Part 1
You’re busy trying to soak up all that life has to offer. You want to spend quality time with your family and friends. You want to travel the world. The last thing you probably want to be thinking about is what’s going to happen once you’re gone. Understand that making tough estate planning decisions now Read More
#Trending: What’s been on our radar in the world of finance
Fall! Is that you?? The holidays are coming, it’s football time, the weather is cooling off, Richmond festivals are ramping up…what’s not to love about this season? If your summer flew by as quickly as ours did, you may have missed out on the personal finance topics we’ve been focused on the past few months. Read More
Lost wallet? Steps to take to get back on track
It happens, quite a bit if you’re like me. Your do the nervous pocket pat down or dump out the entire contents of your bag, rooting around on the floor. You search the house, the car, the gym bag, the laundry basket. Where’s your wallet? Your stomach drops and panic sets in. Did you leave Read More
Navigating wedding season on a budget
Wedding season is well underway! It’s so exciting to be able to spend that special day with your loved ones. But beware! The cost of attending weddings can sneak up on you if you don’t prepare ahead of time. You may have lots of friends get hitched within just a couple years, which can really Read More
The dangers of lifestyle inflation
Let’s tackle the topic of lifestyle inflation. You may have never heard of it, but you’ve probably seen it play out with your friends and family a time or two. It’s an all too common tendency to get wrapped up in. Unfortunately, lifestyle inflation can wreak havoc on your financial wellbeing, lead to career stress, Read More
Why your parents’ financial advisor may not be a match for you
Your parents probably handled your finances growing up. They made sure you had what you needed, kept you from going off the money rails, and maybe even taught you about the inner workings of the financial household. Then at some point, you took over that responsibility. Your parents set you free to make your own Read More