Arbor Articles and Insights

Economic Insights written by Dr. Peter Jankovskis and other articles of interest provided by your Arbor Financial Team
Checks & Balances for Athletes: Should I Get a Second Advisor?

Becoming a professional athlete is an exciting journey – but it can also be an uncertain one. From contracts to agents to handling personal finance, turning pro involves many more financial complexities than most athletes expect. For some first-time pros, signing their contract may be their first true windfall. Maybe they don’t have time to...

The Generational Wealth Series: Don’t Be a Statistic Part V

The millennial generation – or today’s 30- and 40-year-olds – are facing a financial crisis. From the Great Recession to the COVID-19 pandemic, they’ve faced plenty of financial tumult – and it shows. When it comes to accumulating wealth, millennials are trailing 10 times behind their parents’ generation. And that wealth gap becomes a big...

The Generational Wealth Series: Don’t Be a Statistic Part IV

You may have heard about the financial crisis facing the millennial generation, or today’s 30- and 40-year-olds. They’re lagging far behind their parents’ generation in accumulating wealth – in fact, they have ten times less in savings on average. That gap is a large reason why millennials struggle to pay down debt, buy a home,...

The Generational Wealth Series: Don’t Be a Statistic Part III

When it comes to accumulating wealth, the millennial generation – today’s 30-40-year-olds – are lagging far behind older Americans. While millennials’ median debt levels are far higher than their parents’ generation, they’re trailing in income and wealth, making it harder for them to save for the big financial milestones in life. One of those milestones...

The Generational Wealth Series: Don’t Be a Statistic Part II

For many generations of Americans, becoming a homeowner feels like one major step towards “making it”. Long considered a cornerstone of the American Dream, homeownership is still widely a symbol of financial stability and success. But today, research shows that the millennial generation – today’s 30-40-year-olds – are lagging far behind previous generations in accumulating...

The Generational Wealth Series: Don’t Be a Statistic

Many Americans grew up hearing their parents talk about a similar dream: “I hope you do better than me.” Whether that meant obtaining higher education or leaving behind more for their kids, many generations of Americans were able to fulfill that aspiration and “do better” than their parents – until today. Research shows that today’s...

5 Reasons Why You Should Switch From a Robo-Trader to a Personalized Financial Advisor

With the rise of mobile payment and investing apps, many first-time investors are choosing to enter the stock market a new way: via phone. Apps like Robinhood and Acorns are exploding in popularity, offering stock trading from mobile apps. To many young people – especially new investors – these apps seem like a quick way...

The Highs and Lows of a Windfall: How to Talk to Friends & Family After Signing Your Contract

Congratulations on signing your first professional contract! This is a huge moment for you – a moment you’ve probably been working towards for most of your life. This may be the most money you’ve ever had at once. It probably feels exciting and a little overwhelming – especially when your friends and family are giving...