Recent financial news pages are full of stories about rising interest rates. At the end of July, the Federal Reserve announced a 0.75-percentage-point hike in interest rates. This was the latest in a series of rate increases that started in March 2022. The Fed has...
The so-called Sandwich Generation (adults supporting their aging parent(s) and their own children) is growing. In 2018, statistics showed that 12% of adults with a child living at home also provided unpaid care for an adult. And a recent survey showed that the...
When you hear the term “financial planning,” what comes to mind? Do you immediately picture meeting with a retirement planner and talking about your investment portfolio or estate plan? Those are two important aspects of financial planning, but they aren’t the only...
Before you make your next financial decision, take a minute to ask yourself, “Is this what I really want right now?” The right now part of the question is the key. Chances are your answer today is different than it would have been a few years ago, but that’s exactly...
Are you teaching your children about finances? Do your kids know how you feel about money and what your spending and saving priorities are? If not, this is the perfect time to start a conversation with them. Everyone has their own unique money story that’s largely...
Are you worried about the economy and how it affects your finances? You’re not alone. We’ve officially dropped into a bear market, inflation is skyrocketing, and it seems like the only consistent part of the economy is that it keeps getting worse. When you’re...
Recently, the news has been full of bleak stories about the economy. Inflation is at record highs, the housing market is crazy, stock values are dropping, and there’s no end in sight. If you have wealth tied up in the stock market, reading these stories is...
Think about the last time you read or heard anything about budgeting. Did that blog, book, or podcast include the term “financial freedom”? We’re betting the answer is yes. Most personal finance resources cite this term as the motivation provided for creating and...
When you’re making financial decisions, what do you base your choices on? How do you know whether your current budgeting and saving practices are enough for retirement? Without a clear vision of the future, you can’t really know if you’re making the right choices with...
Whether you’re just starting to manage your finances or you’ve had years of practice, it can be overwhelming to think about everything you “should be” keeping track of. Do you need to record every purchase, even if it’s just a gas station soda? Should you set up a...
