Making Dollars, Marking Sense; Social Media’s Impact on Your Money Mindset
There are a variety of viewpoints on how social media influences our society – both good and bad. After all, some people are spending hours a day on these platforms, and we need to be aware of their impact. From our vantage point, we’re paying close attention to how these networks influence our clients’ spending, […]
Making Dollars, Making $ense; The Latte Factor
When I first started in the financial services business years ago, I was in a training meeting and one of the instructors told us a story within personal finance that resonated with me. It resonated so much that I made a small change in my life at that time that was consistent with the message being taught, and I […]
Making Dollars, Making Sense; Keep Politics Out of Your Portfolio
In our current environment, where political news comes from every direction, it’s important to remember the importance of impartiality in your portfolio. There is a certain allure of aligning your portfolio with your political beliefs, but the lessons of history underscore the significance of maintaining a clear boundary between the two. Here are a few […]
Dollars Making Sense: The Neverending Pursuit of Money
What would it be like to be ultra wealthy? Would it mean homes in Hawaii and Paris? Do you envision sailing a luxury yacht across the Mediterranean? What about chartering a trip to space? While it is fun to imagine, this is not the reality for most of us. You might have heard the term […]
Making Dollars, Making Sense; We All Have Money Blind Spots
Blind spots, in the realm of investing, can be likened to the unnoticed smudges on a pair of glasses. They obscure a clear view of reality but can easily go unnoticed. In the world of finance, this can have costly implications. Imagine Sarah, an IT executive. She’s tech savvy and feels very confident investing in […]
Making Dollars. Making Sense: The Long Term Care Dilemma
As our business and our clients mature, so do the topics that tend to take center stage in client reviews and discussions. Over the past several years, the topic of health care later in retirement, by way of moving to a retirement community or to some type of care facility, is a more frequent discussion. The fact is that the […]
Making Dollars Making Sense; Retirees, What’s Your Withdrawal Strategy?
When planning for retirement, we often focus on the accumulation phase – saving diligently and investing wisely. We spend 40 or more years of our lives focused on building the proverbial “nest egg,” but, after retirement, things change and so should our financial focus. There are a variety of questions that must be answered. How […]
How a Financial Advisor Can Help Lower Your Tax Bill
Tax planning is a vital part of any wealth management strategy, but reducing your tax burden is not always a straightforward process, especially for individuals with more complicated returns. Careful planning can help minimize your tax liability leaving you with more money to further your financial goals. Tax planning is not just something you think […]
Making Dollars, Making Sense: Protect Your Children From Their Inheritance
Wealthy families often find themselves grappling with how to effectively pass along assets to their children while ensuring those children are ready for the responsibility. As we tread towards the largest generational wealth transfer in history, there is a growing need to ensure those inheriting the assets are adequately prepared to handle them. There are […]
Answering Your Kids Toughest Money Questions
Kids ask tough questions about money. It’s how they learn. As a parent, these are teachable moments that offer a chance to impart some financial wisdom to them. Start by asking them questions for clarification. After all, “Why does a lawyer always answer a question with a question?” Answer: “Why shouldn’t a lawyer answer a […]
