Wealth Management

What is the Best Way to Measure Your Company’s Financial Health? 

What is the Best Way to Measure Your Company’s Financial Health? 

While a company’s profit margin is an excellent indicator of its financial health, it’s important to consider several other factors for the most accurate picture. At Aura Wealth, we recommend that clients consider the liquidity, operating efficiency, profitability, and solvency when determining if the company’s current status is good or it could benefit from some …

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A Living Trust is an Estate Plan with Advantages

A Living Trust is an Estate Plan with Advantages

It’s no easy task to build a large savings account and accumulate other assets during your working years. As you near retirement, you would like to ensure that your hard-earned money goes to the people you choose and not to a government agency. However, this won’t just happen automatically. You need to engage in some …

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Ingredients of an Effective Contingency Plan

Ingredients of an Effective Contingency Plan

As a small business owner, it can seem like you are constantly in planning mode. Planning for the next quarter, advertising, acquiring new employees, and product procurement are just some of your many duties that require a focus on planning. With all that you already have to do, coming up with a contingency plan for …

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4 Steps to Minimize the Effects of Rising Inflation

4 Steps to Minimize the Effects of Rising Inflation

Now that the United States has enjoyed a healthy economy and job growth for several years, it can be easy to overlook the possibility of rising inflation or even another recession. To stay one step ahead, it’s important to pay close attention to the actions of the Federal Reserve. It has already indicated that it …

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How Interest Rates Impact the Stock Market, Ripple Effect on U.S. Economy

How Interest Rates Impact the Stock Market, Ripple Effect on U.S. Economy

As a small business owner, you know that numerous factors influence the economy. The stock market and federal interest rates are just two examples. Imagine for a moment that the Federal Reserve changes interest rates on the first day of next month. It wouldn’t be long before that change trickled down to the rest of …

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Great Financial Christmas Gifts to Help Secure your Children's Future

Great Financial Christmas Gifts to Help Secure your Children’s Future

One of the most loving things parents or grandparents can do is help secure the financial future of a child they love. With Christmas only a few weeks away, it is the perfect time to give a savings bond, college contribution, or other monetary gift. While young children might not appreciate financial Christmas gifts so …

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Retirement Savings Options Beyond the 401(k) or IRA

Retirement Savings Options Beyond the 401(k) or IRA

Most people know that they must set aside as much money as possible to draw on in retirement when they are no longer actively earning an income. While many employers offer a 401(k) retirement savings account and self-employed individuals can open an Individual Retirement Account (IRA), these options aren’t appropriate for everyone. Some people may …

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