As a mom, I’m always thinking about the legacy we leave for our kids. It’s not just about the photo albums and family heirlooms anymore; it’s also about our digital lives. That’s why I want to talk to you about something super important: digital executors. What Exactly IS a Digital Executor? Okay, let’s break it down. You probably already know … Read More
The Emotional Side of Investing
Understanding your emotions, and learning to manage them, is a great advantage when investing. Much of portfolio theory and investment research is based on what a rational person would do. But people are not rational, particularly when it comes to their money. Nobel prize winner Daniel Kahneman and Amos Tversky studied risk behavior and applied it to the economics of … Read More
The Rational Side of Investing
Clients often come to us not knowing exactly how they are invested. They have some knowledge of investing, but don’t have the time or inclination to dive into how markets work or the details of an exchange traded fund. This is where we help. We are here to help clients understand how their portfolios work, and educate them on markets … Read More
College is Not a Back Up Plan
College is changing. Well, the thinking around having a 4-year degree is changing. Recently, I was talking to my son’s friend about what she plans to do after graduating high school. She has a variety of interests and ideas, from dentistry to cosmetology to real estate. Because she isn’t certain just yet, she is considering attending college and majoring in … Read More
Setting SMART Financial Goals
Financial planning involves moving toward a future that fits your personal values. That “future state” can be envisioned as a goal. The first step to creating goals is writing something that is meaningful to you. The acronym SMART gives you a logical framework for developing goals that impact your direction in life. Without a directional bearing, we are a car … Read More
Renters Insurance Saves the Day
Insurance is designed to make you whole if the unexpected should happen. While banks and mortgage companies require us to have homeowners insurance, you may not have it if you are renting. Given the cost, Renters Insurance provides a huge value. Karina Moretz, ChFC®, shares her story of how Renters Insurance saved them thousands. Pre-Insurance Once upon a time I … Read More
Navigating Senior Year of High School Expenses
Your child’s senior year of high school is here. You have both spent the last 11 school years working towards this milestone. The monthly countdown to graduation begins! This year is filled with pride, accomplishments, anxiety, and…expenses?! You’re used to the normal expenses such as dance tickets and apparel, sports fees, game tickets, and club dues. But, goodness, all that … Read More
Tackle and Tame Your Tech Budget
Home entertainment budgets used to be easy to calculate. But things have changed and our budget for streaming and tech services has gotten out of hand. Let’s find out why and how to fix it so you can get these pesky fees under control. Not long ago, you would have one or all of the Big Three: Phone, Cable, & … Read More
Top Money-Saving Tips for Summer Vacation Planning
Summer is just around the corner, and it’s the perfect time to plan your much-awaited vacation. However, vacation expenses can quickly add up and put a strain on your budget. If you have a Vacation Savings account, you are already have some money set aside for fun. More good news – with some smart planning and a few money-saving tips, … Read More
How to Create Your “Oh Crap” Maintenance Fund
Any time you have something big, you have to take care of it. We’ve been having maintenance work done on our home to repair windows and woodwork. My car is due for an oil change and tire rotation. These expenses always make me say “Oh Crap!” but it’s just part of ownership. Important items need regular maintenance, however, you never … Read More