Keeping up with the Joneses

Keeping up with the Joneses

Why do so many people feel the pressure to keep up with the “Joneses’”? Just because someone in your circle of friends is always buying the next “must” have item or trendy new car, is it worth spending the money to keep up? There is a fine line between setting trends and being sucked into…

In retirement savers don’t know how to spend.

In retirement savers don’t know how to spend.

Within my financial planning firm, I have a platinum group of clients who saved their entire working life for the future.  Their drive to save and be financial secure superseded any and all impulse buys, and drift from their budgets . As they enter their first several years of retirement their greatest challenge facing them is…

Until Debt Due Us Part.

Until Debt Due Us Part.

When working with couples,  one issue that always comes up  is secret debt.   Whether it’s credit card, student loans, IRS liens or monies owed to family and friends, it is surprising how often one spouse springs debt on the other partner after the wedding.  Unfortunately, for the unknowing spouse it’s a complete body blow. Getting…

Financial Planning is for the Now and the Future.

Financial Planning is for the Now and the Future.

After reading the article, “The value of planning for now” by Carolyn McClanahan, I was not sure if this was new. Financial planning needs to be done for everyone at all stages of life, not just those who have enough investable assets to hit the minimums required. As I meet with clients a common obstacle that…

Millennials’ Student Debt is negatively impacting the Baby Boomers.

Millennials’ Student Debt is negatively impacting the Baby Boomers.

Student debt has multi-generational impact on financial wellness: by Sheryl Smolkin at Retirement Benefit Adviser. Today the new conundrum facing many parents is: Do they save for their children’s college education now or wait and help them with their student loan debt later? Saving now, for college education may mean holding off on a vacation or buying a new car….

News flash: It appears Prince didn’t have a Will:

News flash: It appears Prince didn’t have a Will:

Prince died without a Will, According to Court Documents Filed by His Sister. What does Prince have to do with financial planning?  Well everything. For an artist who was reported to  have complete control over every part of his life and music, Prince passed away without a plan for his death.  Like all of us, Prince didn’t…

Don’t assume your family and friends are clairvoyant!

Don’t assume your family and friends are clairvoyant!

The Advanced Health Care Directive is a legal document which allows an individual to grant someone else the legal responsibility to make health care decision on your behalf if you are unable to make them for yourself. Simple right? There are three things to keep in mind: Follow through on your Advanced Health Care Directive…

Start at the very beginning

Start at the very beginning

Saving,  when you’re trying to pay off your credit cards and student loans or you’re just starting off can be overwhelming to get your head around, where to begin? let’s start at the very beginning a very good place to start when you read you begin with abc…  The Sound of Music is a musical…

Have you paid for your hamburger?

Have you paid for your hamburger?

When people ask me what I do and I tell them, I’m a CERTIFIED FINANCIAL PLANNER™, there usually is a pause. The next sentence is either a question or a what if scenario. Lately, the questions have circled around credit card debt and student loans. How does one move forward in life when their past…

How is a Certified Financial Planner™ different from other advisor?

If your financial life seems to be spinning out of control, you’re not alone. Over the last 25 years or so, the responsibility to save for retirement has shifted from employer to the individual. Today more than ever, CERTIFIED FINANCIAL PLANNER™ professionals are an essential resource. From budgeting, to planning for retirement, to saving for…