You may have heard that diversification is a good strategy for investing. But what does it mean and why does it matter so much?In investment terms, diversification is a strategy that involves spreading investments across different assets, sectors, industries, and… Read More
Is Money Killing Your Romance?
In the United States, discussions about personal finance often seem to be plentiful in a broad sense – with talk shows, self-help books, and a fascination with tax loopholes and extravagant purchases. Strangely, however, these discussions become notably scarce when… Read More
Protecting Yourself with Good Online Practices
Online scammers continue to find new ways to try to gain access to your accounts. Protecting yourself online continues to be an important strategy to protect your wealth. Online scammers tend to use scare tactics and follow the path of… Read More
Finance 101: What we all should know, but don’t
On the journey towards financial well-being, knowledge truly is power. While I think most would agree that money management is a vital life skill, it is often overlooked in traditional education and not talked about enough at home. Let’s face… Read More
Student Loan Repayment Plans
President Joe Biden’s plan to forgive up to $20,000 of federal student loan debt per borrower has been knocked down by the Supreme Court and the COVID-driven student loan payment pause expires on August 31, 2023. Many of the 43… Read More
What Budgeting Strategy is Right for You?
Many people think of budgeting the same way they think of dieting: the only way to do it is to cut everything fun out of your life. Instead, think of creating a budget as an exercise in examining your priorities… Read More
How to Vet a Financial Advisor
The financial advice industry is complex, full of jargon and certifications. It is very easy for even the savviest people to be confused by all the different terms in the industry. Whether you have an advisor currently or you are… Read More
The SECURE Act 2.0: What’s Changed?
You may remember the SECURE Act, which was signed into law by President Donald Trump in December 2019. This Act changed many rules relating to retirement plans, especially IRAs and 401(k)s. One large change this brought is in increasing the… Read More
How-Tos of Successful Budgeting
Setting a budget for yourself is an important part of personal financial planning. A budget can help you eliminate unnecessary expenses, enabling you to save more and achieve your financial goals faster. Budgeting is a stressful and overwhelming experience for… Read More
Tax Deductions for Charitable Giving
For those who are charitably inclined, the end of the year is an important time to check in with your tax preparer and confirm your charitable giving tax strategy. If you would like to learn more about the tax benefits… Read More