Financial Insights (Blog)

With the upcoming summer upon us and the stay-at-home order still in place, what better time than now to get outside? There are endless ways to enjoy the sunshine & outdoors while remaining socially distant, but here are a few to try for yourself!  Gardening – The Earth is going to be thanking us for the momentary pause in machine operations, but your neighborhood would thank you for building a beautiful garden in your front yard! If you already have a garden or don’t h

Personally, being at home means endless more distractions, difficulty focusing on one project, and ultimately underestimating the amount of work I have every day. When you’re accustomed to working in a certain environment, adapting to this new one can be tricky! Here are some suggestions to create the most productivity with your time: Create a Time-Blocked Daily Plan: Every morning when I wake up, I feed the dogs & have my first cup of coffee. The very next step in my routine is to cre

Because of everything our world is experiencing right now, you may be “stuck at home” with your family members. Maybe you’ve played every board game in your house, maybe you’ve done on more walks than you can count, or maybe you’ve just retreated to your separate routines. While there are many negatives to this crisis, you can do your part to find positivity in activities with the whole family!Here are a five indoor activities to bring the family together & have

Like most of the country I have been self-quarantined at home for over a month in order to flatten the curve and practice proper social distancing. However, there’s no reason you should still support local businesses at a time like this. While many are closed, the ones that are still open have found many ways to provide for their customers while staying safe! You might think of a classic, taking out from restaurants, but here are some other ideas & ways to support your local businesses

In this time of uncertainty and confusion amidst this global pandemic, our country is facing economic struggles. One of the very real concern comes from small business owners, who are losing business due to customers practicing social distancing and self-isolation.“The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, th

When relocating to a new place, sometimes even a new state, some proactive planning must take place. Several weeks in advance there are things you can do to be as prepared as possible to enjoy your new home and say goodbye to the old one. Danville is a small but vibrant city in the heart of central Pennsylvania. Whether you’re moving to Danville for work or to be with family, there are a couple recommendations we at G.S. Woods Financial Solutions LLC encourage you take before making t

When in the midst of tax-planning for this season, be sure to do your homework on some money saving solutions, like Tax Deduction Clustering. After finding the bracket you are in, you may be able to do some deduction clustering. Using this strategy, you take the standard income-tax deductions one year but cluster your itemized deductions the following year (CNBC). Knowing what you’re eligible for is very important to determine whether or not deduction clustering is even worth your tim

When you think of gym memberships, you may think of healthy habits, running, or enjoying a lap around the pool. What you may never have thought of? Long-term financial benefits. Your health is the best investment out there, so here are a few reasons why you should consider investing in yourself & getting a gym membership...  Lowered rate of heart disease & other chronic health ailments. A 2013 study noted that higher levels of physical activity were associated with a 21% reduct

Long Term Care Planning is always difficult to navigate, but you can learn some basic tips from our latest Youtube video! Click the link to learn more from Graeme Woods CLU®, ChFC® at G.S. Woods Financial Solutions LLC. #DanvillePA #FinancialPlanner #GraemeWoods #GSWoodsFinancialSolutionsLLC #LongTermCarePlanning #Retirement

A retirement savings vehicle you may never heard of: A Health Savings Account (HAS). Here are three reasons why you should learn more about this hidden long-term savings option: An HSA balance can accumulate from year to year and be invested similarly to a 401(k).HSA’s come with three tax benefits: 1) you can contribute them on a tax-deductible basis, 2) Your savings grow tax free over time, 3) your savings can be withdrawn tax-free to pay for qualified medical expenses in retirement.

The spring semester for senior undergraduate students consists of several big decision-making processes. Questions like “what am I doing after I graduate?”, “will I get a job?”, and the ever famous, “should I go to graduate school?” are heard from every corner on campus. It can be confusing to know whether or not your future is heading in the right direction. As for me, I’m looking at what graduate schools might hold my interests in a program. In a

As the New Year is upon us, you may be thinking that your finances from the holidays are looking a bit rocky. Your concerns are valid - the National Retail Federation states that the “typical American spends $650 - $1,500 on holiday gifts annually”. How to improve this downward trend? Savings. It may seem like an obvious answer, but the sooner you can take a little out of your pay check monthly starting in the new year, the sooner you’ll be able to pay for the next holiday

In a season of giving gifts, how can you be generous without breaking the bank? It’s simple – volunteering your time. It’s an incredibly valuable gift that keeps on giving. As an active volunteer myself, I know just how time-consuming & difficult it may appear, but the feel-good benefits far outweigh these little concerns.  Food Banks or Soup Kitchens – if you’re a first class cook or love meeting new people, this is an awesome chance to spread the holiday

Tis the season for giving & receiving gifts – but why should businesses give? With such a fast-paced world we live in it’s easy to get caught up in receiving, sometimes forgetting to give back to the community. Below are three reasons why your business should consider giving this holiday season.1) Creates a Positive Bond Between Employees and EmployersEmployee trust in the owners is strengthened if they know their employers are looking out for their families and their commun

Family holidays like Thanksgiving are known for the conversations you will have with relatives you may not have seen in quite a while. Topics like politics, marriages, and scandals are all known to be taboo, but there’s no saying that you shouldn’t talk about your future. Your financial future can be risky and it’s important to discuss your plans with your family, specifically, about estate planning. Estate planning can be a touchy subject, so it’s important that you

Thanksgiving: A time for reflection on the year, remembering what you’re thankful for, and eating a lotof food. While traditions vary, universally on Thanksgiving the star of the show is a Thanksgiving turkey. After asking around on my college campus, I learned there’s dozens of ways to make the perfect thanksgiving turkey for your family. Below is a few fun or unique ways of making the perfect turkey for the whole family to enjoy. Dig in! Deep Fried:This style of cooking t

Today we salute the brave men and women who have given their lives for ours – Happy Veteran’s Day! On November 1st, 2019 President Donald Trump declared November as National Veteran’s and Military Families Month for the third year in a row. Military families are brave too, and this addition to the national recognition was historical. As a veteran himself, Graeme Woods created the Battle Buddy Assist program to help veterans or service members (and their spouse) for fr

When people think of life insurance, it can be confusing or even at times concerning, with so many options available for you. Educating people on what benefits come from having life insurance and what options exist are a part of what Graeme Woods, CLU®, ChFC® does for clients. Before coming in for a consulting appointment, there are a few things that you should consider. Life insurance becomes a topic of discussion when you are heading towards retirement and/or are looking to plan ahead

Business Succession Planning Youtube video for today's Financial Friday!

Ready to rock your next real estate search? Greg Sauers Jr. has been a real estate agent for Remax Edge in Danville, PA since May of 2018, with managerial knowledge and background in real estate since 2015. As a person who knows very little about the Real Estate industry, I interviewed Greg in hopes of learning more about the mind of an agent. I posed the question, what are some of the best parts of being a real estate agent? Greg's response, working with clients.

Being a physician comes with its fair share of struggles, and for some those struggles are financially based. Check out the 5 financial planning tips for physicians we at G.S. Woods Financial Solutions LLC recommend you follow to reach your life goals with money left to spare!

If you were present at the Fall Arts and Crafts Festival in Danville on September 7th, you probably heard Danville’s first annual Battle of the Bands competition, hosted by G.S. Woods Financial Solutions LLC and Rockstar Realtor, Greg Sauers Jr. All proceeds from the event benefitted the Danville Centennial Lions Club and grossed nearly $1,000 for charity. The Danville Centennial Lions serve. It’s that simple, and it has been since we first began in 1917. Our clubs are places wh

Since 1998, Diana has served as the Executive Director of the Danville Child Development Center (DCDC) in Danville, PA. I had the chance to interview her and hear more about the incredible work the DCDC provides for the community. The DCDC is “a community-based organization dedicated to giving children a strong foundation for lifelong success by providing supports to families and high quality early learning experiences in safe, nurturing and engaging environments.” I asked Diana

As my time as the Marketing and Communications Associate as G.S Woods Financial Solutions comes to a close, I would like to say thank you to Graeme and the Danville Community. I have learned real life marketing materials, I have implemented what I’ve learned in a classroom to a real setting, and I’ve gained experience that will last a lifetime. The Danville community is a wonderful place, and I thank them fo

If you’re starting to live on your own for the first time, or moving into a new apartment, you may be faced with the decision to get renter’s insurance. I was in this situation in at the beginning of the summer and decided to hold off to “save some money”. Needless to say, this was a HUGE mistake. An electrical fire in the garage of my apartment complex ensued, and while my unit didn’t burn – smoke damage ruined most of my clothing and furniture. If I could go

If you’re in my shoes, then graduation is coming up, or just happened for you too. You’re also probably feeling a mixture of emotions: excitement, a little nervous, stressed about the real world, anxious about finding and starting a job, and spending your last bitter sweet week of undergrad life with your friends that have grown to be family over the course of the last four years.             I implore you to take your

Danville is a lively Central Pennsylvania community located about 15 minutes away from Bloomsburg, Pennsylvania.Downtown Danville is a hub to numerous businesses going anywhere from antique stores, restaurants, health and wellness, financial planning, real estate and everything in between. Danville is a community centric always looking for ways to network or celebrate! Every year Danville has the fall arts festival where downtown Danville turns into a huge party! This year, they’re ev

As a millennial, I understand and agree when my parents and grandparents say my generation doesn’t have many of the technical skills that older generations do. This is especially true for financial literacy skills. Like many of my peers, my financial skills and knowledge came from my parents and a singular basic economics class in high school. I know how to balance a checkbook and understand interest, but not much more. This base knowledge is hardl

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