Cash planning is an integral part of all financial planning. Before retirement, you want to be sure you have enough cash savings for things like your home renovation, vacation or emergency funds. During retirement - cash planning is the most important aspect of your...
With the ever changing and volatile market, many investors are looking for more conservative cash savings options. I often have clients ask me what type of cash account is best for them. The answer, as always, is it depends on your goals. Two options I often recommend...
Getty We seem to be moving closer to being a cashless society, meaning more kids are being exposed to digital wallets, money apps and yes, credit cards. While digital wallets and apps can be great learning tools for older kids who understand money - credit cards can...
It's easy to get in over your head with credit card debt. American card balances reached $1.13 trillion in the last three months of 2023, up from $986 billion at the end of 2022, according to a Federal Reserve Bank of New York report. The average credit card balance...
Being a financial planner, I see first hand the importance of having a basic financial education. However most adults don't understand money management and are intimidated by finance, and it's for good reason - no one ever taught them! So many of our adult issues...
Fears of the coronavirus has sent the markets tumbling over the past few weeks. Although the coronavirus is new territory for us, stock market turbulence is not. Most adults have lived through several at this point, but it doesn’t make them any less scary. They can...
Of course all adults should understand finance – but women face unique challenges that make it especially important make it especially important to be on top of their financials.
Allowance has become a hotly debated subject among parents over the past few years. Parents argue if kids should even have an allowance (The answer is YES! See my post “Why Every Child Should Have An Allowance”) and if so, how should the allowance be set up? While I’m...
You may see this list and worry it’s yet another article scolding you for buying coffee every morning...that somehow by foregoing your morning $5 beverage is the answer to your saving issues. Not me! I actually want you to buy your coffee! The reason many find it hard...
I know that finances are intimidating, and most people have no clue where to start. The problem is that this fear makes us paralyzed. We are terrified to make a mistake, so we do nothing. But doing nothing and ignoring your finances is the worst thing you can do....
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