Inheritance- The Taboo Topic
As part of my client’s financial planning process, we discuss retirement and even the taboo topic of inheritance. There are three camps that most families with young children fall into: 1) They think they’ll get something, 2) Their parents are set with pensions and savings but there will not be anything left over for inheritance, […]
Don’t Miss the Journey to Financial Freedom
Is the freedom that money buys worth the sacrifices you make to reach this freedom? “What is important in life is life, and not the result of life.” ~ Johann Wolfgang Von Goethe Setting financial goals and creating your financial plan is all about determining your destination. And if life is about the journey, not […]
Are You Even on the Road to Retirement?
When you are decades away from retirement, it is hard to make retirement saving your #1 financial goal. However, it is likely your largest financial goal and you need to know whether or not you are on track. Here is what you need to know to make sure you are on the right path to retirement.
Time to Buy Real Estate?
Time to Buy Real Estate Market uncertainty, record low interest rates, lack of housing inventory, signs of economic recovery, increasing rents… When you put all of these together, what do you get? A lot of questions about whether this is the “perfect” time to buy or keep renting. I speak with a lot of people […]
Save Tomorrow
In order to save, you need to set your goal, put the infrastructure in place and set savings on autopilot. By setting this system up, you are automating savings and do not have to rely on will power to achieve your goals.
Why Nobody Should Have a 529 Plan
Saving for college is a daunting task for parents. Here is why to NOT use a 529 plan.
How Strong is Your Money Relationship?
Money touches almost every decision a couple makes. Whether you ask “What’s for dinner?”, or “Which movie do you want to rent?” money is involved. And within every couple’s relationship, there is a relationship with money. Since people see money through different lenses there can be conflict in this money relationship. Opposite money types tend […]
Top 20 ESSENTIAL Financial Tips for Couples
I created the Top 20 ESSENTIAL Financial Tips for Couples that is available for download at Katysong.com . Clink on the link to receive your FREE copy. By following these financial tips, you will create a solid financial foundation as a couple and family. Laying the ground work NOW ensures financial security and stability for years to come.
Back to Basics: Three Tenets of Good Money Management
Let these three tenets of good money management guide your decision making.
How to Prepare for the Long Road Ahead in Uncertain Economic Times
On August 8, 2011, the S&P lost 6.7% of its value, and most investors are still suffering from whiplash caused by the market’s ups and downs last week. Whether you watched your portfolio plummet, saw the drop as a good time to buy, or sat on the sidelines stunned, I have some advice… take a […]