There were two main reasons behind my early investing mistake: naivete and lack of diversification. Now, as a more astute investor, I understand the importance of vision and values in financial decision-making. This article shares three easy ways to invest with your values.Read More
We already dissected the vow “in sickness and in health.” Let us turn to the financial aspect of marriage: for richer, for poorer. Money fights are the second-leading cause of divorce. Let’s dive into why money is such a heated topic and how to communicate about money more effectively as a married couple.Read More
True or false: some debt can be good? True… But there’s a catch: You should be responsible with debt and use it to acquire an appreciating asset (one that will increase in value over time). That takes discipline and focus.
A new year is wonderful because it signifies a fresh start. Then reality sets in. Tax documents appear in your physical mailbox and email inbox. If you’ve worked with a tax preparer in the past, you may receive an engagement letter this month. You’re not the only one who is anxious about this upcoming tax season. Here are four strategies to ease your tax anxiety.Read More
It’s valuable for each family to have a cash emergency fund that can be tapped for true emergencies – like a car breaking down or furnace repair in winter – but this needn’t be more than a few thousand dollars. Once you’ve comfortably saved for an unforeseen, short-term emergency, then you can turn your attention to bigger goals.Read More
About one year ago, the Tax Cuts and Jobs Act (“TCJA”) of 2017 officially passed – creating significant change for many U.S. families. This post is an update to my December 2017 article on tax reform and planning opportunities you should consider before December 31, 2018.Read More
Did you know that saving for college is the #1 worry for families with children? Yet only 17% of families are saving for college expenses.Read More
Insurance isn’t glamorous, but it is a necessity for most people. We’ve discussed life and health insurance already. Let’s move on disability insurance. TMA Insurance Trust shares some startling statistics, we explore in this post.Read More
It’s no joke that health insurance premiums and deductibles continue to rise at an unprecedented rate. For those of you fortunate enough to have employer-provided coverage, congratulations! Even a mediocre employer-sponsored plan typically offers lower premiums and better coverage than plans you find on the individual exchange.Read More
Alright. It’s time to address the elephant in the room. Probably the question you most want to ask but were too afraid (at the risk of sounding impolite): How did we pay for three months abroad in Spain as a family of five? In short, there were three key elements (the three Ps), Let’s break apart each of the P’s in detail. I’m going to use my family’s story as an example and then end the article with a practical application you can use.
A moment of absolute peace. The beauty of this historical church. The sun as it speckled through intricate stained glass windows. Attention to exquisite detail. God’s divine presence. I breathed in calmly. Standing inside La Basilica de Sagrada Familia in Barcelona for the first time is ingrained in my heart…Read More