Launching Gen Y Planning

A Peek Behind the Scenes at GYP: How I Built the Kind of Business I Want to See in the World

by Sophia Bera April 12, 2017

This is part 1 of a 3-part series on a “Behind the Scenes Look at Gen Y Planning.” If you’re a financial planner who is interested in finding out about the next mentorship program that I’m launching, you can sign up for the wait list here. I just spent a few months coaching other financial […]

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Taxes for the self-employed

Tax Tips for Freelancers, Side-Hustlers, and the Self-Employed

by Sophia Bera March 29, 2017

If you work as a full-time contractor or freelancer, own your own business, or earn income through a side hustle, your tax situation is going to be a bit different. When you work as a W-2 employee, a portion of each of your paychecks automatically goes toward taxes and Social Security and Medicare payments. But […]

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Tax mistakes

3 Tax Mistakes Accountants See Every Year (and How to Avoid Them)

by Sophia Bera March 22, 2017

A quick temperature check one month out from Tax Day: how are you all doing? Stressed? Tired? Bragging to your friends about how you finished your taxes ages ago? (Pro tip: stop doing that if you want friends around for Tax Day 2018!) By now you might be deep into kicking yourself for being less-than-diligent […]

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Tax credits & deductions

How Tax Credits and Deductions Can Lower Your Tax Bill

by Sophia Bera March 15, 2017

Here’s a typical year in the life of clients I work with: They bought their first house and installed new windows They bought a new computer for their freelance gig They had a baby that started daycare at three months old They’ve got a few years left of student loan payments They got LASIK They […]

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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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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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Roth IRAs

The Ultimate Guide to Roth IRAs

by Sophia Bera January 19, 2017

One of the best things young investors can do to ensure their future financial freedom is begin saving for retirement as early as possible. I recommend Roth IRAs to many of my clients and friends, because the way they work can be especially beneficial to young professionals. You might have a Roth IRA account set […]

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