Time to Refi?
Rates are at lows that I have never seen. The US weekly average rates were 2.71% for a 30 year fixed and 2.26% for a 15 year fixed for the week of 12/10/20. Over the last ten years, you can see on the chart below that these rates are rock bottom for fixed rate loans. […]
The Election & the Market
I wanted to pass on some interesting information regarding the Election & the Market that I gleaned from a Ned Davis Research webinar on the topic today. Just like 2016, most people are freaking out about who might win. I get emails all time asking whether folks should sell or stay put in their investments […]
When is Enough Enough?
In a culture of work and spend, there can be an endless search for more. However, research shows that money only affects emotional well-being or happiness up to an annual income of ∼$210,000 per family, or ~$275,000 when adjusted for the cost of living in the Bay Area. Too much money can actually have a negative […]
Should You Both Work?
Affording life in the Bay Area is expensive. In general, it takes two working parents to make ends meet and be able to save for your bigger financial goals like home, retirement and education savings. The breakeven point is trending upward with the cost of housing, which is most families largest expense (25-45% of all […]
Cost of Taking Care of You
The sky could be the limit when it comes to spending money on self-care, but as a busy parent, it is hard to find the time and sometimes hard to justify the expense. Adulting is physically exhausting. With grandparents no longer living down the street to help with the kids, most parents are “on” all […]
Keeping up with the Joneses and Social Spending
“Keeping up with the Joneses” refers to benchmarking oneself vis-à-vis your neighbors or social circle when it comes to material goods or social class. This idiom dates back to a comic strip that started in 1913 and ran all the way to 1940. While social climbing and keeping up with your neighbors is mostly seen […]
