Life and Money

Online experts

My Favorite Online Experts

by Sophia Bera June 21, 2017

Helping a client with their financial plan involves a lot of conversations about numerical data. We chat about their current net worth, their debts, the amount they have in savings, and their financial goals like buying a home or retiring. My clients are in a phase of life that comes with a ton of change […]

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blogs and podcasts

Personal Finance Blogs and Podcasts to Add to Your List

by Sophia Bera June 14, 2017

Summer’s a quiet time for financial planners. Lots of clients worry about money in January after setting New Year’s resolutions, or in April when taxes are due. For now, everyone’s going on vacation! But summer is a great time to learn about personal finance. You’ve got time to fill on long flights, after all! And […]

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Lower tax bill

4 Legal Ways to Lower Your Tax Bill

by Sophia Bera March 8, 2017

By now, you might have completed your tax returns for 2016 … and for some of you, the joy of getting your taxes out of the way is lessened by how much you owe the IRS. If it makes you feel any better, a big tax bill is a sign you made a lot of […]

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Lending money to loved ones

How to Lend Money to Loved Ones Without Wrecking Your Relationships

by Sophia Bera February 22, 2017

Here’s a question that can negatively affect your relationship with a friend, relative, or significant other for years to come: Can I borrow some money? When someone you care about needs financial help, you don’t want to leave them in the lurch. After all, these are the people you’d turn to in a crisis — […]

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Thumbnail image for How to Talk About Money With Your Significant Other

How to Talk About Money With Your Significant Other

by Sophia Bera February 15, 2017

When you’re dating someone, there are some conversation topics that are tough to bring up — and I’m not talking about how your last relationship ended! I’m talking about money. We’re taught from a young age that it’s rude to discuss money, and when you’re on your best behavior around a new romantic prospect, it’s […]

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Couples and money

How to Combine Your Finances as a Couple: Real-Life Advice I Give My Clients

by Sophia Bera February 8, 2017

If you’ve built up savings and  investments while single, it can be tough to shift your mindset from “me” to “we” when you meet someone you want to be with for the long haul. I answer a lot of client questions about merging finances and setting joint money goals — while still leaving each half […]

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Budgeting

A Values-Based Way to Build Your Budget

by Sophia Bera January 25, 2017

Let’s be honest: budgeting sucks. There’s a reason everyone (including me) dreads sitting down and figuring out a budget. It brings to light all the things you spent money on that you probably shouldn’t have, and in the end you’ve got a list of super-responsible stuff to spend money on instead. It’s the financial equivalent […]

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2017 Money Moves

17 Quick & Dirty Money Moves You Can Make in 2017

by Sophia Bera January 11, 2017

It’s a new year, and you are pumped to make some changes to your finances. Only you don’t know where to start and you’re afraid to make a mistake. You’ll totally get around to it, though … once you’re done with a bunch of other chores you just remembered you had to do right now. […]

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Trust fund

I Have a Trust Fund — Now What?

by Sophia Bera December 7, 2016

There’s a lot of advice out there for people who are looking to set up a trust for their younger family members. Setting up trusts can be a great way to pass your money down to the next generation. But what do you do if you find out you’re receiving money from a trust? Coming into a […]

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Open enrollment

How Do I Choose My Company Benefits During Open Enrollment?

by Sophia Bera November 16, 2016

We’re eyeballs deep in helping our clients choose their company benefits at Gen Y Planning right now! Why? Because this is one of the ways we save our clients the most money: by revamping their company benefits. Maybe you chose your company benefits a few years ago and haven’t looked at them in awhile. Well, […]

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