Financial Blog For Busy Families & Impact Investors
3 Things to Look for During Open Enrollment Season
It is open enrollment season right now for many of you and that means it's the only time of the year that you can review and change your benefits at work. Here are 3 things to look for.
When to add TIPS to your portfolio
Even though inflation has been low recently and high inflation rates are a distant memory, there is always the possibility that it will spike again, even if it is due to unjustified market fears. Thankfully, there are ways to hedge against the negative effects of inflation.
[Guest Post] Travel in the Time of COVID
As we are nearing the one-year mark of what has truly become a Corona-nightmare, airline travel is at record lows, and many countries have had their borders closed to international travelers for almost 8 months. Understandably, many people are hesitant to travel right now, but for those of you who are looking to get away either now, or post-covid, here is a guide to help you plan.
[Guest Post] My Midlife Digital Nomad Resources
My partner and I started a trip around the world December 2019, and have been living on the road, and out of backpacks, since. In the last nine months we’ve visited Mexico, Guatemala, Columbia, Panama and Brazil. Here’s how we are doing it.
Be Careful Where You Deposit Your Inheritance
Many of you will receive a gift or inheritance at some point in your life. If you are married, be aware of the implications of where you put that money.
What you Need to Know Before Hiring a Nanny
With schools and daycares closed or in limited operation due to covid-19, many are considering hiring a nanny to help with childcare and schooling. Unlike enrolling your child in a daycare center or summer camp, hiring a nanny opens up a Pandora’s box of legal and tax obligations. Here is a summary of what you need to know.
Are Password Managers Safe?
Time to ditch the paper password list! Learn about what password managers can do for you.
When to start your Social Security benefits
Despite the compelling benefit to waiting, many people claim their benefits as early as possible because they under-estimate their life expectancy or they are worried the Social Security program is going bankrupt. We address both concerns, and make the case for doing an evaluation versus following the crowd.
Why do stocks split?
Apple (AAPL) and Tesla (TSLA) were recently in the news as two companies that are splitting their stock. Why would a company choose to do that and how does it affect you?
Pension versus Lump Sum
Your company would prefer that you take the lump sum because it reduces their financial, administrative, and legal obligations. Your financial advisor wants you to take the lump sum because most are paid a fee based on the percentage of assets they manage. What should you do?
What to expect during the Discovery Meeting
We just finished our initial call and you decide to move forward. This is what happens next.
What should you do with your surplus?
This video will give you ideas on where to start if you have a cash flow surplus and don't know what to do with the money. From paying off debt, saving for retirement, and building a cash reserve, I walk you through some options in priority order.
Should you sell your home in retirement?
Here are 3 things to consider when evaluating if you should move during your retirement years.
You can now work from anywhere. So what are you waiting for?
Companies are announcing that their employees can work from home indefinitely, or even permanently. If you are considering moving out of state for a better standard of living, here are a couple tips to consider.
You just purchased a home. Should you buy earthquake insurance?
Earthquake insurance is not just for people that live on a known fault line. Here is what you should be doing to evaluate whether or not you need this separate policy for your home.
Your Risk of Becoming Disabled
Disability insurance is necessary for anyone who depends on their income to cover their expenses and savings goals, and would be presented with a hardship if their income was lost.
Even if you are years from retiring, create your account at ssa.gov now. This is why.
Go to ssa.gov, log in, and you can view an estimate of your benefits. Do this even if you are nowhere near retirement because it is very important that you claim ownership of this profile.
Knock out these 5 money tasks while in quarantine.
As someone in a dual-income household with 4 young children, I can't help but chuckle whenever I see lists of things we can be doing while in social isolation. Personally, my husband and I are taking it one day at a time - trying to balance our two jobs, home schooling, and life's continual uncertainties. If, however, you find that you do have time on your hands and enjoy checklists, here are the 5 money tasks that are most often overlooked.