Saving and Investing

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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529 plans and saving for college

529 Plans and How to Save for Your Child’s College Education

by Sophia Bera May 10, 2017

At Gen Y Planning, we work with a lot of clients that are thinking about having kids in the next few years, or already have young children. As you can imagine, I get asked about saving for college a lot. With the cost of college going up about 5% a year, today’s newborns can expect […]

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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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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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Upgrade your finances

You’re 30 — Stop Doing What You Did in College

by Sophia Bera September 7, 2016

I’m a big fan of automating your finances as a way to grow your wealth. After about 30 minutes of set-up, your money is whisked into different accounts, and you’re less tempted to spend your savings because you don’t really see that money. But every year (or whenever you experience a big life change like […]

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Millennial women investing

Why Millennial Women Need to Invest, Even If We Don’t Think We’re Ready

by Sophia Bera June 15, 2016

When it comes to investing, women still lag behind men in terms of getting started and that means we miss out on years of compound interest. Investing is important because it allows your savings to grow considerably more than they would if you kept all of your money in a savings account. A recent survey […]

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Financial planning for an inheritance or settlement

What To Do with an Inheritance or Settlement

by Sophia Bera April 6, 2016

If you receive a large windfall from an inheritance or lump sum settlement, you’re suddenly faced with financial decisions you weren’t expecting. Getting a lot of money at once can be a blessing and a curse. You’re not only dealing with the emotions of receiving this money (maybe from a loved one who passed away, […]

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Investing for Millennials

Investing: It’s Not Just For Rich Old People Anymore

by Sophia Bera March 23, 2016

When you think of investors, what do you see? Men in suits strolling down Wall Street? The Sad Guys on Trading Floors blog? Your parents chatting on the phone with their financial advisor? A lot of Millennials don’t picture themselves as investors, and that’s a problem. According to a Facebook study on Millennials and money, […]

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Student Loans

Student Loan Debt and What to Do About It

by Sophia Bera February 24, 2016

When you work with Millennial clients like I do, you are very well-acquainted with how student debt can affect a person’s everyday life. As countless articles and news reports lament, today’s 20 and 30-somethings are putting off buying homes and cars, getting married, having kids, and saving for retirement. While a bachelor’s degree is generally […]

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Recession-proof your finances

Are You Prepared to Ride Out the Next Recession?

by Sophia Bera January 27, 2016

The stock market experienced quite a few drops in January, causing a frantic debate in the media over whether or not another recession is coming. You might have been in college during the 2008 recession, or recently graduated and struggling to find a job. Or maybe you were a few years into your career and […]

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