Becoming a parent is one of life’s most significant milestones, bringing with it immense joy and responsibility. As you prepare to grow and welcome a new member into your family, it’s essential to prepare and adapt a shifted financial mindset. So, let’s discuss what you can financially expect when you’re expecting! Budgeting: Establishing a budget…
We all know that being a part of a couple takes work and that open, honest communications is key! We read an interesting article that spoke about how individuals choose their partners and that often times, we match with those who have similar interests and values as ourselves. However, while this may be true, Jenny…
In today’s ever-evolving economic environment, mastering the art of saving is essential for achieving financial stability and building your wealth. Whether you’re saving for a rainy day, a dream vacation, or retirement, implementing an effective savings strategy can make all the difference. As financial advisors, we work with clients on automating their savings to seamlessly…
Do you know the difference between good and bad debt? Are you able to maintain and afford the debt you take on? Many individuals are not. In fact, we’ve been reading tons of articles and studies that are finding that Americans, in particular millennials, are piling on debt during this time. Given the inflationary and…
In the ever-evolving world of personal finance, few things carry as much weight as your credit score and the health of your lines of credit. These numbers that appear on your credit report, though may seem insignificant, have great influence over your financial well-being, impacting everything from the interest rates you pay on loans to…
Financial empowerment, literacy, and education are so important not just amongst adults, but children too. So, as we kick start 2024 and think about financial goals for the year, many clients and prospects have been asking us how to think about finances for their kids and the best ways to teach their children about money…
Over the last few years individuals worldwide have found themselves needing to adapt to a rapidly ever changing economic landscape. In recent months, the consumer has needed to adjust to a higher interest rate environment due to inflation and a higher cost of living, prompting a significant shift in spending habits. One noteworthy transformation seen…
In the realm of personal finance, goals-based financial planning is a strategy that helps shape your financial future and roadmap by aligning your short, medium, and long-term goals. Given the time of year, you may be thinking about establishing a “top to bottom” full financial tune up. By aligning one’s financial strategy with specific objectives,…
This article was originally published on investopedia.com One of the biggest challenges to our own success can be our own instinctive behavioral biases. In previously discussing behavioral finance, we focused on four common personality types of investors. Now let’s focus on the common behavioral biases that affect our investment decisions. The concept of behavioral finance…
Finances can be overwhelming, especially when you feel lost or uneducated on the “right” decisions to make. Over the last few years, we have found that women are contributing more and more to their family’s finances and are making strides towards further financial independence. Despite women playing a larger role in their family finances, they…