Divorce, while an emotionally taxing experience, also comes with several financial implications that, if not properly managed, could result in long-lasting financial strain. It’s essential to understand these hidden costs to effectively navigate your post-divorce financial life. Here are three key areas where hidden costs often lurk: Health insurance, dividing…
Often, when a client has a new baby, their first financial question is, “How much should we save for his/her college?” I love this eagerness and willingness to think long-term savings for the child, however I increasingly find myself telling them to “pump the breaks a little bit.” I don’t…
When talking to a prospective client, one common roadblock that I run into is the prospect saying they don’t need a financial planner at this time, and they are “fine” handling their finances on their own. My hypothesis is that people say this (even though they are the ones that…
You know you need to make a plan with your money – but when? The signs may well sit right in front of you, from your paycheck to your debt, to your willingness to ask for professional help. If you haven’t started a financial plan, you’re not alone. A recent…
Is owning a boat on your horizon? Do you see yourself paddling a canoe, piloting a motorboat, or perhaps helming a sailboat? Of course, it would be easier and more affordable to pop a canoe on top of your car other than maintaining a moored boat in a popular summer…
In 2017, the House and Senate approved changes to our tax code that will allow 529 funds, previously reserved for college expenses, to be used for private elementary and secondary school tuition.
You’ve just unexpectedly received a large sum of money and are not sure what to do with it. Read on for some insights that will help you now, and down the road.
This week we are reading about autonomous electric cars disrupting the marketplace, one Economics professor’s bubble predictions, and Trump’s tax plan that may help you purchase a new car!
In this blog series, we have been examining the things that “THEY” have taught us over the years as truth. Today, we are going to look at some of the things that “THEY” have taught us about real estate.
This week, Nick Pagano discusses two different ends of the housing spectrum: purchasing and foreclosure. While these two situations tend to evoke very different reactions, they are both deeply emotional. Check out Nick's latest blog for tips to stay level-headed in these circumstances.