Discussing money with your kids
In my day, we grew up hearing that it isn’t polite to talk about money or politics. While I think that still holds true in most instances, the one area where it may not be true, at least where money is concerned, is with your heirs. There is a difference between...
Why good credit matters
Oct. 16 is Get Smart About Credit Day. Yes, apparently there’s a day for that! We hear about how important it is to have good credit all the time. What we don’t typically hear is what happens if we have bad credit. Let’s go through a few examples of the additional...
Ways to reduce the risk of financial exploitation
I believe that protecting your financial well-being is a top priority. I’d like to share with you some recent research by the FINRA Investor Education Foundation, which highlights certain factors that can increase the risk of becoming a victim of financial fraud. The...
Saving for college
One of the most common questions I get as a financial planner is “What’s the best way to save for college?” While the choices include 529 plans, UGMA/UTMA accounts (also known as custodial accounts), pre-paid tuition plans, and even life insurance, today we will focus...
Be realistic in your estate plan
The most difficult (and rewarding) part of my job is helping people with their estate plan. As a planner, it’s my job to help guide you through your financial life, including college planning, investments, retirement, and lastly, estate planning. The challenge of...
