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
Estate Planning Basics: Wills, Trusts, And Medical Care
It’s very common for younger people — and older people, for that matter — to go without an estate plan. But whether or not you have kids, a spouse, or a great deal of wealth (yet!), the best time to create an estate plan might be right now. Creating a will is an important part of estate planning, but there’s a lot more to it than that. Your estate plan should also include, in writing, the details … [Read more...] about Estate Planning Basics: Wills, Trusts, And Medical Care
Pandemic Savings Habits To Adopt For The Long Term
The COVID-19 pandemic is still raging across the U.S., and it has affected every aspect of our lives. Millions of people have lost their jobs. The federal government passed an enormous stimulus package and may pass another one soon. Most of us haven’t eaten in a restaurant, watched a sporting event, hugged a friend, or boarded a plane in months. Some industries, like movie theaters and cruises, … [Read more...] about Pandemic Savings Habits To Adopt For The Long Term
Financial Planning Is for Everyone: How to Work With Diverse Clients
The United States is facing a reckoning when it comes to who has historically benefitted from privilege, and who hasn’t. Our country has enacted racist policies that made it more difficult, if not impossible, for Black Americans, other Americans of color, and immigrants to succeed. The financial planning industry has not been historically kind to minorities and women. Clients have been … [Read more...] about Financial Planning Is for Everyone: How to Work With Diverse Clients
Side Hustle Smarter, Not Harder
Side hustles are so integral to Millennials’ economic lives that our generation invented a whole suite of apps designed to facilitate them — Uber, Instacart, Postmates, transcription services, dog-walking services, house-sitting services, and many, many more. As my clients have grown up, their side hustles have gotten more sophisticated and polished, but the substance is still the … [Read more...] about Side Hustle Smarter, Not Harder