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Gen Y Planning

Financial Planning for Millennials

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Life and Money

How To Become A Less-Stressed Millionaire

Generation Y has, for lack of a better term, “been through it.” Our generation has lived through some of modern history's most monumental economic and social events.  The result? Stress, and for some, lots of it. Nearly 44% of Generation Y report feeling stressed all or most of the time. Everyone has unique stressors, but the most common are saving money, managing debt, and planning for … [Read more...] about How To Become A Less-Stressed Millionaire

What’s Your “Enough” Number? And How Can It Help You Live Your Best Life

When you think about having enough money, what comes to mind? Is it never worrying about money again? The freedom of making a significant career change? Taking a well-deserved sabbatical? Moving to a scenic location? Finally adjusting your lifestyle where work doesn’t have to be your first priority?  Those all sound like pretty dreamy scenarios, but how can you take these hypotheticals and … [Read more...] about What’s Your “Enough” Number? And How Can It Help You Live Your Best Life

Protecting Yourself Against Identity Theft

Lots of us have seen and reported fraudulent charges on credit cards. In those cases, cancelling and replacing the credit cards usually solves the problem.  Identity theft is a different and more severe type of fraud because what has been stolen — your social security number, for example — can’t be changed or replaced. Identity theft is when someone steals your personal … [Read more...] about Protecting Yourself Against Identity Theft

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

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

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I'm Sophia! And I'm not your father's financial planner. I work virtually with clients across the country to help them navigate through big life changes and reach their goals. I'm also a foodie, a true crime junkie, and a lover of karaoke. Let's chat! Click here >>

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