With the new year around the corner, many of you are setting financial goals for 2018. You’re paying off the last of your student loans, switching jobs, starting that Roth IRA, or getting ready to buy a home. You might also be in the middle of some major life changes -- getting engaged or married, having a baby, or quitting your full-time job to start your own business. Or maybe you decided that … [Read more...] about Should I Hire a Financial Planner?
Your 20s were all about setting up your financial foundation and establishing good habits. Your 30s were about life changes like getting married, having kids, and building your career. In your 40s, everything is amplified even more. You’ve got growing kids and aging parents -- and what you don’t have is a ton of spare time. There’s a lot you can do in your 40s to protect your money and care for … [Read more...] about 9 Money Mistakes to Avoid in Your 40s
“It’s complicated” is a great way to describe life in your 30s. You’ve been working for a while, so you might finally feel more financially stable than ever before. But on the other hand, you often have competing financial priorities. Career growth, serious relationships, family, and major life purchases tend to make this a very busy decade. Also, tiny wrinkles start showing up where you didn’t … [Read more...] about 8 Money Mistakes to Avoid in Your 30s
Ah, to be in your 20s. Brunches are frequent, hangovers are less debilitating, and all the big, serious life stuff seems so far away. So top off your bottomless mimosa, my friend, because you’ve got absolutely nothing to worry about when it comes to your finances … or do you? Well, I’ve got good news and bad news. The bad news is you always need to think about your finances, even when you’re just … [Read more...] about 8 Money Mistakes to Avoid in Your 20s
When I work with financial planning clients, I tend to ask a lot of questions that don’t seem to be directly related to money at all. Where do you want to live? Do you have any upcoming travel plans? Do you like your job? Here’s the thing: most decisions you make in your life are connected to your financial situation in some way. Travel can be expensive, and the city you move to affects your cost … [Read more...] about The Role of Career Planning in Financial Planning
If your health insurance plan is a High-Deductible Health Plan (HDHP), you may be eligible to contribute to a Health Savings Account (HSA). Unfortunately, HDHPs and HSAs confuse a lot of people, and it’s important to understand how they work so you can use them to your advantage. HDHPs are attractive to many people because they have lower premiums in exchange for higher deductibles. That means … [Read more...] about Hacking Your HSA