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So far Perspective Financial Services has created 162 blog entries.

McCann Honored for Volunteer Work

Mike McCann Honored for Volunteer WorkMike McCann Honored for Volunteer Work with Phoenix-area Scouting BSA organization.

McCann, president and founder of Perspective Financial Services, LLC, received Honorable Mention in the 13th Annual Invest in Others (IiO) Awards for his work with Friends and Supporters of Troop 30 (FAST 30), a local Scouting BSA organization. As a result, FAST 30 will receive a $1,000 donation in McCann’s honor.

The IiO Charitable Foundation established its awards program to recognize the charitable work of financial advisors around the world. Advisors are nominated for actively giving back to their communities. Hundreds of nominations are received each year and reviewed by a diverse panel of industry leaders. Awards are presented based on the nominees’ leadership, dedication, contribution, inspiration, and impact on a nonprofit and the community it serves. Click here to read the announcement of the finalists.

McCann, an Accredited Invest Fiduciary® and Certified Financial PlannerTM, was recognized in the “Volunteer of the Year” category. McCann has contributed his time and expertise to FAST 30 in many capacities. For instance, he has served as assistant scout master, Eagle mentor, treasurer and board chair. He has volunteered an average of 20 to 40 hours per month since 2008.

About the Charity

FAST 30 was established in 2007 as the chartering organization for Boy Scout Troop 30 (boys 11-17 years old) and Venturing Crew 2030 (co-ed 14-20 years old) in Phoenix. It became the charter organization for Cub Scout Pack 416 (youth grades K-5) in 2016 and for the first-ever all-girl Scout Troop 3030 (girls 11-17 years old) in Phoenix in 2019.  Because FAST 30 is 100 percent volunteer-run, active leadership like McCann’s is critical to the group’s day-to-day success and long-term sustainability.

“FAST 30 brings people together to teach and guide our boys and girls in a way unlike any other youth organization I’ve encountered,” said McCann. “Ours is a scout-led group, in which the youth are empowered with leadership and decision-making responsibilities. They’re allowed to make mistakes and to solve problems [within strict safe-scouting guidelines]. With a focus on service, leadership and self-reliance, FAST 30 fosters confidence, adaptability and empathy in our scouts.”

By |July 15th, 2019|Advisors, Company News|

Estate Planning Insights

estate planning insightsMike McCann recently helped his dad through a difficult life transition – from having full independence to living in a memory care facility. There are several estate planning pitfalls people often encounter. His dad avoided all but one. In this brief video, Mike shares key estate planning insights he gained in the process.

Most importantly, he learned that communicating your wishes to your loved ones is critcal. It’s a step that should not be put off.

Estate Planning Insights

By |July 8th, 2019|Estate Planning, Video Blog|

Recommended Reading

recommended reading, Atomic Habits

This book is all about the 1 percent – that is, how 1 percent adjustments can create large, long-term changes. Author James Clear explains why taking dramatic action is one of the main reasons people fail at changing their habits. Conversely, 1 percent adjustments often lead to success. Recommended Reading: Atomic Habits

Saving money is a good example. If saving 10 percent of your income each month seems daunting, begin putting away 1 percent. It may seem insignificant, Clear acknowledges, but it puts a good habit (saving regularly) in your mind. Increase your savings by another 1 percent next month and again the next, until you’ve figured out you can actually save 15 percent each month!

The author consistently refers to four laws for creating good habits, and their inverse for breaking bad ones. He dissects the concepts so you can apply them to your life. He uses science and psychology to explain what habits are and why we have them. Frequent anecdotes help translate the science into relatable situations.

Throughout reading Atomic Habits, I found myself constantly sharing with others what I had just learned. Everyone, no matter how good they think their habits are, would benefit and improve their life from reading this book. It doesn’t tell you what to do, but rather how to do it with minimal to no backslide.

Review written by Tobi McCann

Click here to read more recommended reading from the Perspective Financial team.

By |July 1st, 2019|Books|

Comparing Auto Insurance

comparing auto insuranceComparing auto insurance can be overwhelming. As a result, many people just pick a policy and stay with it. But pricing varies depending on your age, location, vehicle and even your credit score, so re-evaluating your options every few years is worth the effort.

Here are a few points to consider:

  • If you have undergone life changes – such as having a baby, turning 25 or moving to a new city – you may be eligible for a discount. If you had a ticket or a violation dropped recently, ask your agent to remove the surcharges on your policy.
  • When talking to your agent, ask questions about your existing coverage and any extras that come with the policy. It’s important to make sure you have everything you need covered, and equally important that you are not paying for features you don’t want or no longer need.
  • Many insurance companies consider your credit score when deciding on premiums, according to Consumer Reports. If you have great credit, make sure your agent knows. If your credit is less than perfect, talk with a financial advisor about ways to improve it.

Finding the right auto insurance is possible. Know what questions to ask, and don’t be afraid to ask them. Comparing auto insurance could save you money today, as well money, time and frustration down the road if you are in an accident.

Written by Alicia Vallee, a Phoenix-based freelance writer.
Photo credit: FrameAngel courtesy of freedigitalphotos.net
By |June 10th, 2019|Insurance|