One of the most common questions that I field from clients is this — “should we buy real estate”. Well, my answer is both appropriate yet frustrating… it depends!
It depends on a lot of things. Buying real estate is a big financial decision. It’s not like buying an index fund — you can’t just easily sell it and walk away if you no longer want to hold it.
Everyone has probably heard the inspiring stories about the couple who achieved financial freedom through real estate investing. …
After weeks of debate, President Biden signed the American Rescue Plan Act of 2021 into law on March 11, 2021. This act contains many provisions that directly impact young families, but this blog highlights the four provisions that I thought were most applicable:
Ready? Let’s go!
The most popular aspect of the American Rescue Plan Act of 2021 is the stimulus checks. This is now the third round of stimulus checks. The first round was…
With the upcoming election next month, you may be wondering how the outcome will affect your financial life. It’s a very normal thing to ponder — we are constantly inundated by news saying things like “the stock market will crash if this candidate wins” or “buy these 3 stocks if this candidate wins”.
This type of uncertainty can be unnerving, and you may find yourself wanting to make some major changes in your life. However, making any changes based upon an election can be detrimental to your finances.
The purpose of this blog is to outline some of the investment…
Have you ever dreamed of controlling your schedule? Do you feel chained by the 9–5 corporate structure? Are you considering making the leap to work for yourself?
I have led numerous clients through life planning exercises to help them articulate what their ideal life would look like if money wasn’t an obstacle. There has been one constant theme that every one of them seeks. The ability to control their time. This is something that I call Time wealth.
Time wealth is the ability to spend your precious time in a way that is most aligned with your values. Do you…
Congrats on the exciting transition! I’m sure you’ve read baby books or listened to podcasts about becoming a parent. You may be appreciating your final full-night sleeps before the baby comes, or you may be smack in the middle of raising a newborn.
There are many exciting transitions during this stage of life — but what about your finances?
Having your first child triggers many important decisions in your financial life. Your somewhat simple financial life suddenly becomes more complex. You now have a child who is completely financially dependent on you.
You may feel overwhelmed and after a few…
There is never a dull moment in the world of student loans. Many of you are hopefully enjoying a student loan payment-free summer thanks to the CARES Act which suspended federal student loan payments until September 30 th, 2020.
You may not be thinking about student loans until the payment suspension is lifted, but there are 3 major ways your student loans could be affected in for the remainder of the year that you want to be ready for.
Each of these are unrelated, yet are extremely important for you to know as you continue on the journey of successfully…
What if I told you that your next bucket list trip (in hopefully a post-COVID world!) could be paid for with pre-tax dollars in a tax-free, penalty-free and totally legal way?
Okay, now I have your attention 😊. I’ll show you how by the end of this blog, but first, I need to paint the picture.
A Health Savings Account (HSA) is one of the most underutilized accounts in personal finance. Some people don’t contribute to it and others do, but spend it each year.
If managed correctly, an HSA is a really powerful investment account that can be used…
You’ve probably heard the statistic thrown around that nearly 50% of marriages end in divorce. What is one of the leading causes? Money.
We live in a society where talking about money is considered taboo. You never tell someone how much money you make, how much you spend or how much money you have. Which means… we don’t know how to talk about it!
Yet, money represents your hard work, values and most deeply held beliefs. …
Are you uncertain about how to embark on your financial journey?
I don’t blame you.
Personal finance is complex. It’s not something we were taught in school, and you’ve likely learned about it on your own.
On top of this, money raises a tangled web of emotions that we have also been trained not to talk about.
No wonder money causes anxiety!
Most people don’t know where to start with their financial decisions, which results in inaction. Therefore, I wanted to present a metaphor to turn your complicated financial journey into a very simple, easy to understand story.
For any parent, college funding is top of mind. With college tuitions rising like crazy (some are over $75,000 now…😳), it puts greater pressure on you to save for college while your kids are young. It’s not easy for most folks to just dish out $75,000/year from their annual cash flow when those college tuition bills come due.
Once you are ready to start saving for college, how should you do it? The most common options are either a 529 plan or a taxable account.
A 529 plan is the most common way to save for college. This account is…