I regularly assign my clients money-related homework assignments, and I’ll be the first to tell you that it’s hard to deal with your money. I struggle, too! (That’s why I hire a financial planner myself.) I also try to help my clients knock out a few tasks during their meetings so they feel accomplished after our calls. Even when you know it’ll only take a few minutes, or that it’s a smart … [Read more...] about Ways People Put Off Actually Dealing With Their Money
How to Make a Plan for Your Charitable Giving
Holiday donation drives are in full force, and you may be considering how to allocate any spare amount of money you can give toward causes you care about. I often discuss charitable giving with clients, because believe it or not, it’s an important part of an overall financial plan. If you want to read more about one of my favorite charities, you can check out this article from Financial Planning … [Read more...] about How to Make a Plan for Your Charitable Giving
The Gen Y Planning Guide to Company Stock: What Are Restricted Stock Units (RSUs)?
This is the fourth post in a series on employer stock programs. Check out the previous posts on Incentive Stock Options, Non-Qualified Stock Options, and Employee Stock Purchase Plans. Like other forms of company stock, Restricted Stock Units, or RSUs, are granted to employees to attract, reward, and retain them. This can be when you’re first hired, or later on as a bonus (or both!). What Are … [Read more...] about The Gen Y Planning Guide to Company Stock: What Are Restricted Stock Units (RSUs)?
The Gen Y Planning Guide to Company Stock: What Are ESPPs?
This is the third post in a series on employer stock programs. Check out the previous posts on Incentive Stock Options and Non-Qualified Stock Options. Employee Stock Purchase Plans (ESPPs) can be a great way to take advantage of buying shares in your company stock at a discounted price, typically 10-15% off. Plus, your company makes it extremely easy to participate because you purchase shares … [Read more...] about The Gen Y Planning Guide to Company Stock: What Are ESPPs?
The Gen Y Planning Guide to Company Stock: What are NSOs?
This is the second post in a series on employer stock programs. Non-Qualified Stock Options (NSOs, or sometimes called NQSOs) allow employees to purchase shares of company stock over a defined period of time. Similar to Incentive Stock Options (ISOs), NSOs are included in company benefits packages to help attract and incentivize talent. You may receive NSOs when you first start a new job, or as … [Read more...] about The Gen Y Planning Guide to Company Stock: What are NSOs?
The Gen Y Planning Guide to Company Stock: What are ISOs?
This is the first post in a series on employer stock programs. A number of our clients work for startups that offer incentive stock options (ISOs) as part of their benefits packages. If you’re working at a startup (and not a publicly traded company) and have been given a company stock package, they are most likely ISOs. But how do ISOs work? What does it mean to exercise stock? Will you … [Read more...] about The Gen Y Planning Guide to Company Stock: What are ISOs?