It’s pretty easy to rattle off your monthly expenses: Rent or mortgage payments, utility bills, Internet, student loan payments, car payments, food, gas. On top of paying those bills, I also recommend setting aside money in your emergency fund so that a surprise doesn’t cause you to fall behind on those bills. But if you look through your last year of credit card statements, you’ll see a whole … [Read more...] about How A Revolving Savings Account Can Help You Budget Better
When Nothing Goes According To Plan, Having A Plan Matters Most
Even if you didn’t experience financial instability in 2020, it’s OK if this feels like a lost year. Be kind to yourself. You don’t have to hustle your way through the pandemic. If you lost some or all of your income, had to delay a big financial step, or had to stop saving for retirement, you’re far from alone. One in three American adults has had to pull money from their savings or … [Read more...] about When Nothing Goes According To Plan, Having A Plan Matters Most
The Gen Y Planning Guide to Insurance: Short- and Long-Term Disability Insurance
It’s easy to see our homes and investment accounts as the most important parts of our portfolios. After all, that’s what we spend most of our time talking about with Gen Y Planning clients. But really, the most reliable and important asset most of us have is our ability to work. So what happens if you become ill or get injured and are no longer able to work in your field? That’s … [Read more...] about The Gen Y Planning Guide to Insurance: Short- and Long-Term Disability Insurance
The Gen Y Planning Guide to Insurance: Life Insurance
Life insurance is the one type of insurance that isn’t really about protecting yourself. It’s there to protect anyone who depends on you for financial support. If you die unexpectedly or before you planned to retire, your life insurance policy will pay out to your named beneficiaries. This money can replace your income so your family can continue paying their bills or cover additional expenses, … [Read more...] about The Gen Y Planning Guide to Insurance: Life Insurance
The Gen Y Planning Guide To Insurance: Property, Casualty, And Liability Coverage
Car accidents, natural disasters, thefts, and lawsuits can happen to anybody at any time. Surprises like these are expensive and stressful — and the expenses associated with them start to pile up fast. As our clients build wealth, we need to make sure they can protect it. That’s where property and casualty insurance comes in (often referred to as P&C insurance). Homeowners, auto, … [Read more...] about The Gen Y Planning Guide To Insurance: Property, Casualty, And Liability Coverage
How to Make Money Moves When You Feel Stuck
It’s really common for us to work with clients, or chat with friends, who are fortunate to have extra money on hand, but they don’t know what to do with it so it sits in cash in a bank account. This is so common for our generation! Many of us aren’t 40 yet, but we’ve now experienced two periods of economic and job uncertainty. We cling to our cash like it’s some kind of security … [Read more...] about How to Make Money Moves When You Feel Stuck