How To Manage Your Finances After a Layoff→

/ Castle Wealth Advisors LLC/
How To Manage Your Finances After a Layoff

With the news of the bankruptcy filing and the recent layoffs at Walter Energy and other companies, I am finding many employees have questions about how to manage financially after a lay-off.

My father, a third generation coal miner, recently retired from the Walter Energy (NYSE: WLT) after 25 years of service.

I have seen firsthand the long hours and tough work that men and women dedicate to the mining industry. For anyone who has ever experienced a layoff, you understand the uncertainty and fear that often arises. Here are three tips to help reduce fear and manage financially in times of transition:

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New to Investing? 4 Steps to Get You Started

/ Castle Wealth Advisors LLC/
New to Investing? 4 Steps to Get You Started

Investing allows you to put your money to work for you, growing your assets over time. And for many people, it plays a significant role in their ability to build enough wealth for major life events such as buying a home, having a family, and providing for themselves and their family during retirement.

If you are new to investing, understanding the basic building blocks of developing and implementing a strategy can help you get started on a sound financial plan. The four steps below will introduce you to the basics of investing, but I recommend working with a financial advisor who can help you match your investment strategy with your financial goals.

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