Welcome to the Blue Rock Blog

If you find a dollar on the ground, you’d excitedly pick it up. Yet, most leave many (thousands) of dollars each year in tax savings up for grabs. & the worst part? They don’t even know it. This is what it’s like to not know about: To understand how to not leave capital gains tax savings on the table, we’ll...

Blue Rock Financial Group is pleased to announce that Carter McClung, CFP®, CSLP® is the only CFP in the state of Delaware who has the Certified Student Loan Professional (CSLP®) designation. This designation is specific for financial professionals focused on providing advice regarding the repayment of student loan debt. Student loan debt is unlike any other debt out there today...

Cash flow is a crucial aspect of your financial health and stability. It enables you to meet current financial obligations while simultaneously reaching future goals. Having awareness of your cash flow (such as how much money is coming in vs how much is being spent or saved) gives you greater certainty and confidence when planning your financial future. Lacking this...

Taxes are an inevitable part of life, and each year when we file, most of us in our working years will be hit with a hefty bill. There are, however, strategies that can reduce and sometimes even eliminate your tax liability. Reducing taxes takes planning and the foresight to take advantage of all the tax breaks that the tax code...

They say money is a science. Yet, one of the most undervalued skills doesn’t involve math. It doesn’t involve formulas. And no, it doesn’t involve hot stock picks. It involves your behavior.  How you behave with what you earn is more important than how much you earn.  Our behaviors influence the daily habits that make or break our systems of...

The origination of stocks and bonds comes from a company’s desire to grow. This desire to grow is constrained by a company’s cost of capital. Or  The cost of obtaining money through issuing debt (bonds) or equity (stocks).  This is the rate of return that a company pays to investors who supply them money to grow. Internally, a company optimizes...

You’ve saved for the last 40 years and are thinking about retirement. Now what? Retirement is a monumental pivot in your financial journey. Prior to retirement, your goals were to accumulate as much wealth, in the right accounts as possible. Your discipline and consistency have paid off. Your job now? Create your own paycheck to last your entire life. The...

Typically, a financial plan is built around working until the age of 65 and then retiring. Though for many individuals, retiring sooner or at least having the option to retire earlier sounds much more enticing. The F.I.R.E opens the door to access financial independence sooner.   What is F.I.R.E F.I.R.E stands for financial independence, retire early. It’s a lifestyle movement for...

Whether you’re a serial entrepreneur or you’re just considering venturing out on your own, you need to lay a solid financial foundation before diving into the deep end. Here are three elements that can help anchor your financial plan.  #1: Lay the Financial Foundation Before launching a new business venture, it’s critical to ensure you start on solid financial footing....

Lifestyle inflation is an easy trap to fall into, especially as you earn more money. But living within or below your means doesn’t have to translate to months of Ramen noodles and nights home alone. Instead, it’s an opportunity to intentionally spend your money and bring more meaning and fulfillment to your finances. Find Your Financial Sweet Spot First, it’s...