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
The Building Blocks of Financial Security
Every path to financial security starts somewhere. Some of us had a leg up, in the form of debt-free college educations or trust funds. But lots of us didn’t. As you’ve probably read, fewer than half of Americans have enough money saved to cover a $1,000 emergency. If you don’t have an emergency fund or if you’re afraid to look at your credit card balance, you’re far from alone. The good … [Read more...] about The Building Blocks of Financial Security
You’re Going to be Working Remotely for Awhile. Here’s How to Make it Work.
Many of you are about two months into what may be the first time you’re working remotely. If you’re like me, you love it! But lots of people miss the camaraderie of office work. I doubt workers will be returning to offices anytime soon, because there are so many logistics involved in how to have hundreds of people occupy an indoor space safely that many companies will simply stay remote for the … [Read more...] about You’re Going to be Working Remotely for Awhile. Here’s How to Make it Work.