What if I told you that your next bucket list trip (in hopefully a post-COVID world!) could be paid for with pre-tax dollars in a tax-free, penalty-free and totally legal way? Okay, now I have your attention 😊. I’ll show you how by the end of this blog, but first, I need to paint the[…]
6 Ways That Experience Your Wealth Is Helping To Progress The Industry Forward
*This blog is written by my “company” hat because my “Jake” hat would never write this 🙃. I’m very fortunate to have been named to the InvestmentNews 2020 40 Under 40 National List! I was selected from a pool of about 1,000 nominees by a panel of reporters, editors and other representatives of InvestmentNews to[…]
6 Steps To Improve Money Conversations With Your Partner
You’ve probably heard the statistic thrown around that nearly 50% of marriages end in divorce. What is one of the leading causes? Money. We live in a society where talking about money is considered taboo. You never tell someone how much money you make, how much you spend or how much money you have. Which[…]
Not Sure How To Start Your Financial Journey? Think Of It Like Sailing
Are you uncertain about how to embark on your financial journey? I don’t blame you. Personal finance is complex. It’s not something that we were taught in school and you’ve likely learned about it on your own. On top of this, money is a tangled web of emotions that we have also been trained not[…]
Should You Save For College In A 529 Plan or Taxable Account?
For any parent, college funding is top of mind. With college tuitions rising like crazy (some are over $75,000 now…😳), it puts greater pressure on you to save for college while your kids are young. It’s not easy for most folks to just dish out $75,000/year from their annual cash flow when those college tuition[…]
Why You Should Rethink Your Student Loans Right Now
As part of the CARES Act, all federal student loan payments are automatically suspended until September 30th. During this time period, no interest is accruing between March 13th, 2020 and September 30th, 2020. This covers the following loans: Direct federal loans FFEL federal loans Federal Perkins loans This is a significant relief to student loan[…]
How Should You Be Thinking About Financial Freedom During This Crisis?
The concept of financial freedom continues to gain popularity – either through the FIRE movement or people abandoning the work-until-you’re-65 mentality. However, it can be unnerving during times like this. The market has fallen sharply, our economy is heading for (if not already in) a recession and your income may be unstable right now. We[…]
5 Financial Questions For Young Families To Revisit Right Now
People are starting to get antsy. The Coronavirus is likely to continue getting worse before it starts getting better. The kids have been home for a while and although you love them dearly, you likely need a break 😂. On top of this, there is a lot of economic uncertainty and the investment markets continue[…]
The CARES Act – How Does This Affect You?
The CARES Act (they have to spend a decent amount of time making these law names sound good… right?) was officially signed into law on March 27th. There are a significant number of provisions within the CARES Act. If you’re bored, you can read the full bill here. This blog focuses on the following provisions[…]
Student Loan Interest Is Suspended… How Does This Affect You?
* Student loans payments have been suspended since this blog was written. Please reference this blog for the most up to date information about your student loans! President Trump announced shocking news that all interest on federal student loans will be waived until further notice. This was just one of many actions that the government[…]
