Cook and Company, Tax Advisors since 1957

Financial



Dr. John Evans and his lovely wife Jerri


Finance is the science of funds management.


The field of finance deals with the concepts of time, money, risk and how they are interrelated. The general areas of finance are business finance, personal finance, and public finance.

Finance includes saving money and often includes lending money. It also deals with how money is spent and budgeted.

There are basically five steps in financial planning, the key component of personal finance ...

Assessment, Goal Setting, Plan Creation, Plan Execution, Monitoring and Reassessing Your Plan

Questions in personal finance revolve around how much money will be needed by an individual (or by a family), and when? How can people protect themselves against unforeseen personal events, as well as those in the external economy? How can family assets best be transferred across generations (bequests and inheritance)?

How does tax policy (tax subsidies or penalties) affect personal financial decisions? How does credit affect an individual's financial standing? How can one plan for a secure financial future in an environment of economic instability? Personal financial decisions may involve paying for education, financing durable goods such as real estate and cars, buying insurance, e.g. health and property insurance, investing and saving for retirement. Personal financial decisions may also involve paying for a loan, or debt obligations.


When it comes to finances, don't play rock, paper, scissors with your spouse! Schedule an appointment and develop a mutually agreeable plan.



Asset Allocation

Many experts believe that long-term investment success is more a function of how assets are allocated among asset classes rather than the individual securities in which they are invested. This asset allocation tool will help you to identify a potential mix of cash equivalent, fixed income and equities that corresponds to your risk tolerance and investment experience. These sample mixes are only examples and are not specific recommendations.

Secure Tool

Home Budget

Managing your monthly budget can be difficult and frustrating. One of the most important aspects of controlling your budget is to determine where your money is going. This calculator helps you do just that. By entering your income and monthly expenditures, you can see how much you have left to save and where your money is being spent. In addition, you can click the "View Report" to see your entries results in detail, which can help identify areas for improvement.

Budget Tool

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