Local advisory group talks big savings

ALBUQUERQUE (KRQE) – Tax season is over and refunds are being spent, but are there better ways to spend the hard earned cash made in 2014.

Ralph and David Hicks of the Hicks advisory group have ideas on how to spend your return wisely.

The younger generation may not realize how important it is to save for the future but by starting early the money can accumulate quickly depending on how you save it.

Hicks suggested when starting at a young age automatic savings plan money plan is the best route. A good mindset to have when doing this is to focus on the fact that a savings account is actually spending money on yourself.

Qualified plans are another recommended route to take when planning for your future. Qualified plans allow the depositor to earn tax free.

For more information on how to plan for your future, the Hicks Advisory group will be holding two events at Pappadeaux Seafood Kitchen on May 5th and May 6th at 6 p.m.

For reservations call (505)821-6966.

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