Chris Rhyne Financial Management

Unlock your path to financial independence by mastering budgeting! Track your expenses, cut unnecessary costs, and save consistently. A little discipline today paves the way for a financially confident tomorrow. #BudgetingBasics #FinancialFreedom

Flexibility is key! SEP IRAs allow you to contribute to your retirement at your own pace, making them ideal for business owners with fluctuating incomes. Secure your future with a plan that adapts to your needs. #FlexibleSaving #SEPIRA

Ever heard of money market accounts? How do they work? Money market accounts offer a higher interest rate of return in exchange for maintaining a minimum balance on the account. Even though this rate of return depends on a specific balance, there's usually no penalty for going below that amount should you need to access the funds. Most money market accounts also come with check-writing and debit card privileges, so accessing your money is easy. And you're able to make unlimited deposits into your MMA.

Did you know it’s common for households to have more than one type of debt, and it’s important to know those types of debt because they can play a key part in a debt payoff strategy. There are two broad categories of debt: secured and unsecured. Secured debt is backed by collateral such as your home or car and usually comes with a lower interest rate. Unsecured debt is much riskier (and expensive) because it’s not secured by collateral; this would include credit cards, personal loans, and student loans. If you need help creating a debt payoff plan, don’t hesitate to reach out. Together we can look through your entire financial picture and determine the best place to start to reach your short and long-term financial goals. Call 704-240-3637.

In today’s customizable, satisfaction-guaranteed world, it’s no surprise that you want a financial option in retirement that provides both guaranteed income and protection from market volatility. There is a solution that offers both: annuities. Annuities can be the cornerstone of your f financial plan. But are misconceptions about annuities holding you back from securing the income protection and tax-deferred growth your plan is missing?

Did you know? Your employer might offer a 401(k) match. Take full advantage of this 'free money' to boost your retirement savings. It's a benefit you don't want to miss! Give us a call 704-240-3637 to learn more about a 401(k). #EmployerMatch #401kBenefits

Tip of the day: Diversify your child's UTMA account by adding stocks, bonds, and mutual funds. This not only helps grow the account but also teaches them the basics of investing! #Investing101 #UTMA #FinancialLiteracy

Employer-Sponsored Retirement Plans are about so much more than just helping your employees save for retirement. As a business owner, when you offer a retirement savings plan to your employees, you’re also adding value to your business by providing a benefits package that ticks these super-important boxes: • It attracts and retains top talent • It builds loyalty among your team • It supports long-term savings goals and financial security To help ensure you’re getting the most out of your plan, schedule a free consultation with Chris Rhyne Financial Management by calling 704-240-3637.

Life insurance is surrounded by misconceptions: when to buy it, when you need it, or if you even need it. And let’s be honest, it’s an awkward subject in any setting, professional or otherwise. Evaluating a policy can feel complicated and confusing but not to worry, Chris Rhyne Financial Management can help! Call 704-240-3637 today.

Looking for growth potential? Variable annuities allow your investment to grow based on the performance of chosen sub-accounts, similar to mutual funds. Remember, while returns can be higher, so can the risks. #VariableAnnuities #InvestmentGrowth #Flexibility