Showing 30 results for "Financial Planning" Clear results

The Sandwich Generation’s Guide to Managing Stress and Finances

Caring for aging parents and young children can be extremely rewarding, but the act itself can be challenging — especially when caring for both at once. As life expectancy increases and millennials struggle to achieve financial independence from their parents, an increasing number of middle-aged individuals find themselves in the difficult situation of having to

Freelance or Full-Time Job: Which Option is Better for Your Financial Life?

Freelance work has been on the rise. About 57 million Americans freelanced in 2019, and that number is 4 million higher than just five years ago. The appeal? Work from home in your pajamas and log on whenever you feel like it. However, anyone who has ever freelanced before knows that isn’t the whole truth.

Easy Ways To Teach Your Children About Finance and Insurance

The earlier a child starts learning about managing money, the better they will be at it when they are older. Unfortunately, many people do not start learning about personal finance until well into their adulthood, often after they’ve made lasting financial mistakes But there are many ways to teach your kids about personal finance as

Investing And Saving For Young Investors – How To Manage It

You’ve heard of the saying: the early bird gets the worm. This is also true when it comes to investing because if you start early, you have a better chance of success. Compound interest becomes your friend because it can help your money grow exponentially. So, if you start investing in your 20s instead of

Estate Planning for Millennials: Your Ultimate Guide

Nearly everyone’s heard of an estate plan or will, yet only 40% of people have a will or living trust. While many think of estate plans as something you need later in life, every adult should strive to have one, no matter their age. But what about people in their twenties and thirties? Your finances

End of Life Conversation Starters for Newlyweds

As newlyweds, you’ve tackled the hard part of planning a wedding, but what’s next for you two? It’s now time to plan what you want your life to look like together, whether it’s starting a family or making a big move. By planning for both the ups and downs ahead, you prepare for anything life

Regular Money Dates Create Happier Relationships

Dim the lights. Pop the champagne. Pick up a bouquet of your partner’s favorite flowers, or perhaps a box of chocolates. You’re all ready for a nice hot…money conversation?  Yup, that’s right, we’re talking about a money date – a fun, romantic evening where you discuss the important topic of money management together. If you

How to Leave a Lasting Legacy

What does it mean to leave a legacy? In simple terms, a legacy is passed from one generation to the next and often refers to gifts of money or property. However, leaving a personal legacy involves more than the financial assets you bestow on the younger generation. A lasting legacy is all about the actions

How to Become a Digital Nomad and Still Pay Your Bills on Time

What would you do if you could work remotely (that is, from the couch or the beach) every day of the week? Picking your workplace and managing your own schedule would be a dream, right? This is a reality for some people thanks to the digital revolution. The advancement of technology has made the physical

The Ultimate Parental Leave Checklist to Help You Plan Your Departure

According to the National Partnership for Women and Family, about 90 million workers in the U.S. are covered for parental leave under the Family Medical Leave Act (FMLA). While women are more likely to take a leave from work, the number of new fathers taking time off is on the rise. Hooray for more baby

The Complete Financial Checklist for First Time Parents

As an expectant parent, you’re at the start of one of the most exciting and rewarding journeys of your life. But let’s be real: you’re still totally allowed to feel overwhelmed. We know there’s a lot on your plate: setting appointments, telling family, picking a name… and probably a few extra servings of stress dessert.

Should You Write a DIY Will or Do You Need a Lawyer?

We’ve all heard of — or, unfortunately, witnessed — the family drama and blood feuds that spark up after a loved one has moved on. If your grandmother promised you a family heirloom but your cousin snags it up shortly after her death, you might be inclined to leave the lyrics of Taylor Swift’s Bad

Yay, Adulting: Top Financial Advice for Millennials Today

If you were born between 1981 to 1996, you can probably relate to the 54% of millennials who feel stressed and anxious about money. Coming out of the Great Recession just as you’re trying to figure out this whole #adulting thing can do that to you! The economic downturn created a snowball effect that you

The Complete Guide to Finances for College Students

For many people, college is one of the most exciting times of their life. From learning new things to making new friends, the opportunities you experience will enrich your life in exciting new ways and shape you into the person you’re meant to be. In addition to these new experiences, you’re likely thinking about your

The Ultimate Estate Planning Guide: Leaving Your Home to Your Children

Any parent will admit that raising kids is no easy task: From helping your children with their school work to planning dinner each day of the week, your schedule is packed! With all the hustle and bustle taking up your time, it’s likely that the last thing on your mind is estate planning for your

How Much Does a Funeral Cost?

Two things are certain in life: death and taxes. Though you might not associate death with a financial cost the same way you do taxes, there’s a price to pay for sending you off. How much a funeral costs depends on your final wishes and means. Some choose a traditional funeral and burial, while others

Financial Advice For Moms: 10 Tips to Help You Get Ahead

There’s really no experience comparable to motherhood. It changes your life forever and it also changes your finances. Let’s face it, kids are awesome, but they aren’t necessarily cheap. Becoming a mother adds more responsibility to your plate as you have another life to support financially and emotionally. Not to mention, women statistically trail behind

Life Insurance and Taxes

If you are the policyholder or the beneficiary in a life insurance policy, you’ve probably at one point have asked, Do I have to pay taxes on my life insurance? Those words alone can easily make your head hurt, and putting them together seems downright unreasonable. But, there is a very straightforward answer to this

The Complete Guide to Money Management for Single Parents

As a single parent, raising a child takes discipline, courage, and patience. Not only are you expected to teach your child how to behave and interact with others; you must also provide for them financially. No matter how stable your career, this can be a significant challenge. Being the sole provider of your household, it’s

Financial Checklist for the New Year: 7 Essential To-Dos

New year, new you, new resolutions — it’s that time of year when we get to hit the reset button and start fresh. Whether you choose to sign up for a gym membership (again) or pick up a new hobby, there’s one thing that even the savviest personal finance aficionado should not neglect: your wallet. Not

What States Are Most Concerned About End-of-Life Issues?

How concerned are you about end-of-life issues? If you’re like most Americans, then you probably haven’t given the subject much thought. According to a recent study, only 37% of Americans have completed some form of an advance directive, and only 29% of those respondents have living wills. People don’t like to think of their mortality,

Why Succession Planning is Key to the Survival of Your Business

If you’re a business owner, or are ramping up to start your own, then you’ve probably spent a lot of time thinking about the future of your business, and this is for the best. It takes careful planning to build a successful business that’s profitable and long-lasting. One crucial part of your business’s future you

How to Help Aging Parents with Money Management and Finances: A Complete Guide

As your parents age, you may notice a decline in their ability to handle their finances. This natural side effect of aging is common among adults as they venture further into their 60s and 70s. The degree of cognitive decline can vary dramatically between seniors, but in many cases, it’s only a matter of time

End-of-Life Planning for Families and Seniors: How to Start the Conversation

End-of-life planning is a difficult topic for many families to discuss. Millennial parents may be hesitant to have the conversation with their loved ones, because it’s hard to envision a life without them or they’re not sure how they will react to a serious conversation about their health. For aging seniors, it can be equally

Financial Planning for a Child with Special Needs: A Guide

Raising a child with special needs can be one of the richest experiences life has to offer, but it is also one of the most costly. According to Autism Speaks, raising a child with autism costs on average $60,000 a year. Of course, this figure varies depending on the type and severity of your child’s

Experts Share 6 Personal Finance Must-Dos by Age 35

If you’re new to the world of personal finance, the amount of available information can feel overwhelming. And for good reason: financial advice is completely subjective and dependent on your overall goals. The American dream is different for everyone. For many of us, our 20s are a time of worldly exploration and questionable decision-making. Trips,

Term Life vs. Whole Life: Which One’s Best for You?

Take a moment and think about where you are in your life right now, both financially and how far along you are toward your life goals. Whether or not you currently have life insurance, your insurance needs are probably different right now compared to 20 years down the line, right? Life changes quickly, especially if

8 Financial Must-Dos That Most Newlyweds Skip

Few things in life are better —  or feel more magical — than finding your match, falling in love, and saying “I do” in front of your closest friends and family. No doubt as newlyweds you’ve received a lot of (likely unsolicited) advice on marriage. We’re not here to coach you on how to determine who’s doing dishes

Dave Ramsey, Suze Orman, and Clark Howard: Life Insurance Advice From Financial Experts

What do Dave Ramsey, Suze Orman, and Clark Howard all have in common? They all recommend term life insurance. You’ve heard these financial experts on the radio, seen them on television, or read one of their books touting their best practices for financial success. Their advice is tried and trusted, and they have millions of

New Parent Checklist: 5 Financial Must-Dos Before Baby Arrives

You know the song. First comes love, then comes marriage, then comes baby in a baby carriage — and a whole slew of new financial responsibilities. (Ok, we added that last part.) When a baby is on the way, there are a lot of things that new parents are worried about. Birthing plans, cribs, car