As you prepare to vote in this next election, it’s okay if your opinion on the economy influences your choice. And yet, it’s important to remember that the President of the United States has less...
What Is The Fed And What Do They Do?
The Federal Reserve: A powerful presence within the finance world that is often overlooked but holds tremendous control over our economic well-being. Chances are you’ve heard the term in the news—but if you’re like many...
The Money Script: Don’t Let Your Emotions Control Your Wealth
This article was published in the March 2024 issue of the Traverse City Business News and can be read in its entirety below. Black Walnut Wealth Management contributes articles and is featured in various media...
If Widowhood Happened Tomorrow, Would You Be Prepared?
No one wants to think about something happening to someone we love, but it’s important to be prepared. If you were to become a widow tomorrow, would you know what to do? Here, we share...
6 Financial Best Practices for Year-End 2022
This year, there has been plenty of political, financial, and economic activity — from rising interest rates to elevated inflation to ongoing market turmoil. What impact will the past year have on the annual performance...
Inflation, Interest Rates, and the Market
Well, it’s official. The third quarter has ended in bear market territory across multiple markets. To place that news into meaningful context, consider these two questions: 1. In more stable times, did you have a...
The Inflation Reduction Act and Student Loan Forgiveness – How They Might Impact Your Finances
The recent news about President Biden’s student loan forgiveness plan and the passage of the Inflation Reduction Act of 2022 are good reminders about the importance of staying updated on government policies that may affect...
3 Ways to Make Your Money Last a Lifetime
Outliving your savings is most retiree’s biggest fear. Running low on income in retirement could force you to make lifestyle changes or, in a worst-case scenario, even re-enter the workforce. Fortunately, with some planning and...
How to Choose a Financial Advisor
Deciding to work with a financial advisor is an important decision. Working with a financial professional means optimizing opportunities and taking advantage of planning strategies you might not have been aware of. A financial advisor...
Recessions and Bad Moods: 6 Ways They are Similar
Are we headed for a recession? Lately, it seems we hear about it daily. There is concern that we are approaching a recession or even in the early stages. Can it be avoided? What does...