Browse recent articles or search for a specific topic.
How To Choose The Right Amount Of Insurance Coverage
I recently met a woman who, despite having a great career and a high income, could not afford to save money for the future because a variety of insurance policies were costing her thousands of dollars per month. Risk averse investors often tell me one can never have too much insurance coverage, but I would contend that isn’t the case. This is how to make sure you are balancing an appropriate amount of risk management with cost to achieve the appropriate amount of insurance coverage.
How To Protect Yourself From Financial Devastation If You Get Sued
If you own a business, car, or home, you could be exposed to unforeseen liabilities. Your best-laid financial plans could be dismantled quickly by something as unexpected as a stranger getting injured on your property. This is how you can better protect yourself from financial devastation resulting from lawsuits. As always, you should consult with your own legal advisor regarding your particular circumstance.
6 Financial Strategies For Couples Having Their First Child
I recently spoke with a married couple who hadn’t considered their finances or their joint goals for the many years they’d been together. They made plenty of money, received company stock, and were able to consistently maximize retirement plan contributions so they felt like that was enough. It wasn’t until they had their first kid that they realized they may need to take a second look at how they’ve been operating. Having a baby can change a lot financially. Here are six money moves to consider when having your first child.
How To Plan For The Financial Benefits And Challenges Of Being Single
As our society’s preferences shift, more and more Americans are choosing to forego romantic relationships and marriage, and instead embrace their independence. In fact, more than 50% of adult Americans are currently single, compared to 22% in 1950, per the Bureau of Labor Statistics. Single people have some unique benefits and challenges in planning for their financial future. This is a discussion of those benefits and challenges, and ways to ensure financial security.
How To Build Generational Wealth In 6 Steps
Many families have a complicated relationship with money. This can lead to money being a taboo topic. If you want to foster a healthy relationship with money in the next generation of your family, it’s important to embrace the topic of money, provide lessons, and share your experience.
MY BOOK
I seek to make personal financial planning less scary.
This book provides a simple guide for working through life's biggest financial questions facing couples in their 20s, 30s, and early 40s today. It starts with goals-based planning around topics including retirement planning, education planning, and major purchase planning. It then walks through some basics of investment management, options for how to invest, behavioral finance, and pitfalls to avoid. Lastly, it discusses risk management and insurance.
If you are not sure where to start, this book may provide some clarity.