Family Finances

What Happens If You Try To Spend More Than Your Credit Limit?

What Happens If You Try To Spend More Than Your Credit Limit?

When you sign up for a credit card, you are often assigned a credit limit when that account is opened.  These limits typically start at $200 and go up to tens of thousands of dollars.  With so many people out of jobs and finding it hard to make ends meet these days, credit cards have…

Why Reducing Your Tax Refund is a Good Thing

With tax day fast approaching, many people are counting on receiving a big check back from the Government. While you’re probably looking forward to this windfall, there are reasons why you may wish to minimize your end-of-year refund. Why Big Refunds are Bad Taxes are refunded to you when the Government takes too much of…

Has COVID-19 Impacted Your Relationships?

Has COVID-19 Impacted Your Relationships?

COVID-19 has impacted our lives in so many ways. Work, relationships and finances have been taken for a whirlwind by widespread job loss and stay-at-home orders.  Due to the global pandemic, relationships have shifted: Couples and singles alike are focusing increasingly on financial stability and transparency. In a recent Personal Capital survey conducted by The…

Do you Need Financial Therapy to Deal with Money Stress and Budget Fights with a Spouse?

Do you Need Financial Therapy to Deal with Money Stress and Budget Fights with a Spouse?

Do you fight about money with your spouse or significant other? Do you have trouble following a budget – assuming you even have one? If so, you might want to consider seeking financial therapy, coaching, or a financial advisor.   What is financial therapy? Think of it like psychotherapy. But instead of improving your state of…

How Much Retirement Savings Is Enough? Why Couples May Disagree

How Much Retirement Savings Is Enough? Why Couples May Disagree

As couples combine their finances and think about their financial future, its common for the conversation to be uncomfortable or tricky. While one individual in the relationship might think about money one way, the other party could think about it completely different. Just know, it’s normal and okay to have different background and approaches to…

Financial Advice For Parents

Financial Advice For Parents

Raising a child in today’s world can cost hundreds of thousands of dollars. As a parent of four children ranging from ages 5 to 16, I can attest to just how expensive kids can be. Besides just the essentials like food and clothes, there are club teams, tutors, dance lessons and so much more. With…

Top 5 Pieces of Financial Advice

Top 5 Pieces of Financial Advice

As we are all adjusting to the new norm that the coronavirus pandemic has created in our world, we are also learning pieces of advice that we could share from this experience. When going through an economic crisis, it’s important to keep some tips at top-of-mind to help you navigate the bumpy waters. In a…