What's the best part about fall? While your mind may instantly turn to pumpkin spice, light layers, and jewel-tone leaves, those lovely seasonal novelties won't impact your money too much (or so we hope)! At Gen Y Planning, the best part about fall is helping clients choose their company benefits. You might be thinking, isn't selecting benefits just an HR formality? Why spend so much time … [Read more...] about How Do I Choose My Company Benefits During Open Enrollment? The Ultimate Guide
Saving and Investing
5 Telltale Signs You Might Need a Financial Advisor
When you think of people who use financial advisors, you may not consider yourself the right demographic. But it may surprise you that plenty of advisors cater to people who aren’t retired millionaires. There are plenty of reasons for younger people to engage with a financial advisor well before retirement age. If you’re wondering if it’s the right time to speak with a professional about your … [Read more...] about 5 Telltale Signs You Might Need a Financial Advisor
Is Crypto Investing A Passing Ship Or Is This Currency Here To Stay?
Cryptocurrency has taken the investment world by storm. With hundreds of new "coins" bubbling to the surface, many people are wondering if they should buy into this new type of currency or if it's another investment trend that will pass. Should crypto have a place in your portfolio? A Brief History of Cryptocurrency In a nutshell, cryptocurrency is a digital currency for purchasing goods and … [Read more...] about Is Crypto Investing A Passing Ship Or Is This Currency Here To Stay?
How A Revolving Savings Account Can Help You Budget Better
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
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
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