Back in 2016, Jamie Clark of Seattle was a software engineer who planned to take a year off of work to finish a master’s degree in computational linguistics. One year turned into three and a career change into financial planning. Nowadays, Clark, who uses they/them pronouns, believes the experience makes them a better advisor—particularly since…
10 Things to Do If You Are Laid Off
Whether or not you expect it, a layoff is traumatizing. Through no fault of your own, one minute you’re employed—and the next minute you’re signing up for unemployment. Besides the emotional devastation, there’s the financial hit you’re about to take. How do you deal with a layoff? Here are 10 things you can do to…
The 80% Solution
Provided that your basic life needs for shelter, food and clothing are being met, more money is not going to make you happier. I know, that’s hard to believe, but it’s a proven fact. What will make you happier is learning how to manage well the money you have already. Today, I want to give…
3 Ways the Pandemic Influenced Retirement for the Better
Because of the COVID-19 pandemic, Americans say they reevaluated their financial management practices, which included their retirement plans. In a Schwab study, 1,000 Americans between the ages of 25 and 70 were asked how they expected their spending, saving, and financial situations to change as a result of the COVID-19 pandemic. Approximately half of those…
Gifts With a Big Payout for Children
By Lisa Gerstner From Kiplinger’s Personal Finance For the children on your gift list this holiday season, you can buy the latest gadgets or fashions—items they may not even recall a year later. Or with $1,000, you can invest in the younger generation’s future with these three ideas that can have a much longer lasting…
Family Finances: Financial Perks for Service Members
By Sandra Block From Kiplinger’s Personal Finance Mike Hunsberger, former member of the U.S. Air Force and founder of Next Mission Financial Planning, in St. Charles, Missouri, breaks it down. Question: Faced with a tough labor market, military recruiters are offering potential recruits bonuses and incentives. What should a young person consider before joining the…
12 Things Your Kids Actually Might Want to Inherit
One of the things you need to prepare for when you’ve reached your retirement age is your will. It is a document that lists all your properties and assets and how you want them to be distributed when you’re no longer here. While it might seem too soon to think about this uncomfortable topic, it’s…
How to Choose Your Business’s Next Investment
Choosing the right investments for your business can generate growth or stifle it without the right strategy in mind. Every company’s goals and trajectory are different, but there are a few core tips you can use to help guide your investment choices. Choosing your business’s next investment is about staying anchored in your goals and…
Retiring at 35 (Without Giving up Everything)
There are certain things that I would never give up. I’m talking about things like a delicious In-N-Out burger or my Netflix subscription. Okay, maybe I would give up Netflix. I mean, something’s gotta be up with the streaming service if it lost almost a million subscribers in the second quarter of 2022. However, when…
How to Change Medicare Plans, and Why You Might Want To
Medicare open enrollment starts soon, but 7 in 10 Medicare beneficiaries say they don’t compare Medicare plans during this period, according to a 2021 analysis by KFF, a health policy nonprofit. That’s not great, since Medicare Advantage plans—which operate much like the private insurance you may have had through an employer—change from year to year….
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