3 Things You Can Do As a Responsible and Loving Adult Many parents ask me about what they can do to help their children achieve financial independence. They may have different ideas in mind: a college fund? A financial gift at some important milestone? A car, perhaps? All do-able, and …
Ah, taxes, everyone’s favorite subject! To be fair, I have friends who actually enjoy diving into tax tables and itemizing deductions, which is wonderful! But that is not the majority of people I know. Our tax system is challenging. Yet, we all must learn to navigate it, to some extent. …
“What would you do if you won the lottery?” It’s a fun mental exercise that many people like to play, whether they actually buy a lottery ticket or not. The possibilities seem endless, and the empowerment seems tantalizing. But the reality isn’t always what we dream. Lottery winners are known …
With another round of stimulus checks on their way, this is a great time for fraudsters to pounce. Don’t be a victim! Follow these smart tips: If you receive a suspicious email or text message, DON’T respond, click on links, or open attachments. Banks and government agencies will NOT ask …
I often find that when people come to me for financial advice, they get more than they bargain for. A conversation about the stock market? Sure. Tips on how to save for a future goal? You bet. Observations about the opportunities available to you in your current situation? Absolutely. But …
Did you know there’s a difference between “getting the max employer match” in your 401k and “maxing” your 401k contributions? I often hear this used interchangeably, but the differences are significant! How significant? Try this: the MAXIMUM employee contribution to a 401k plan for 2020 is $19,500 if you are …
A.I., or artificial intelligence, can be found everywhere these days: from marketing (“you might like this…” based on what you bought last time) to traffic (in Austin, the price for some toll roads changes based on traffic flow). A.I. is a powerful technology that can be attractive in many industries. …
Can you recall a time when you felt really “in the zone”? Whatever you were doing, it felt like you were laser-focused, in the flow, making all the right moves, and knew exactly what to do and when. These “flow” moments don’t always last long, but when they are here, …
I recently read a survey about investor satisfaction levels with their financial advisors. The interesting twist was how sentiment has changed, pre- and post- (well, current, anyway) the COVID pandemic. The article’s slant was that investors are less satisfied with their advisors now (“post” pandemic) than they were in January, even …
You’ve planned carefully, crossed your T’s and dotted your I’s, completed the last of your tasks/duties, said farewell to your coworkers, and cut the cake. Congratulations, you’re retired! Now what?? Retirement is one of life’s significant transitions. As such, it is not a “one and done” event, despite what you …
