The Importance of Buy-Sell Agreements for Small Business Owners
Running a small business is a rewarding venture, but it also comes with a multitude of responsibilities and risks. One critical aspect that often gets overlooked is the importance of having a buy-sell agreement in place. At Black Hills Financial Planning, we understand the complexities small...
Why Black Hills Financial Planning? It’s All About the Foundation
Have you ever wondered, "What sets Black Hills Financial Planning apart from other advisory firms?" Great question! As an education-driven firm, our agents teach clients how to build a strong financial foundation by focusing on the four vital pillars of foundational planning: Debt Elimination –...
Sailing Through Economic Uncertainty: Top 3 Tactics
It’s officially April which means tax time is around the corner along with the warm rays of summer. Given that an important election is on the horizon and the economy is still unstable, now might be the perfect time to give more consideration to how you are planning for your and your family’s...
Preparing for the Future, Taxes, and Budgets – Oh My!
Welcome to the real world, where the adventure begins! As you stand on the brink of adulthood and financial literacy, it's time to gear up for some of life’s biggest challenges and opportunities. This guide is your trusty companion on the journey to understanding the basics of budgeting, taxes,...
55 Ways to Maximize Every Dollar: The Power of Financial Leverage
In the dynamic world of personal finance, understanding and implementing the concept of financial leverage from an early age is crucial. Leverage, in its simplest form, is the use of various financial strategies to multiply the effectiveness of each dollar you earn. It’s about making your money...
