Tag: Cents of Self
What You Need to Know Before Gifting Money to Family
As the pandemic continues, more retirees may feel compelled to help family members who find themselves in a difficult financial situation this year. Before you write a check, take a moment to think about four important considerations.
Financial Planning for First-Time Parents
While new parents initially plan for their child’s immediate needs, planning for the future is just as important. From setting up a college savings plan to naming a guardian in your will, here are a few things new parents should consider.
Considering Divorce? How a Financial Advisor Can Help
If you’re considering divorce, you may want to take advantage of this time during COVID to do some research. The divorce process has many moving parts, and you’ll want to consider working with a team of professionals.
Women and Disability Coverage
You may be surprised that many women don’t have adequate disability coverage. Janet Petran talks about why disability coverage is especially important for women.
Tax Planning for Working Families
If you are a working parent, gathering documents and filing your income tax return is probably just one more thing added to an already busy schedule. However, taking time to make a plan and expand your tax knowledge will often result in paying less tax this year and in future years.
Opportunities for Women in STEM
Over the past several years there has been more and more focus on education and careers in science, technology, engineering, and mathematics, often referred to as STEM. It’s no surprise […]
Use Your Side Hustle Now to Provide Financial Security Later
As more women work “side hustles” outside of their regular employment (e.g., Uber, Postmates, Task Rabbit, etc.), there is an opportunity for them to establish their own Solo 401(k) plan, […]
Coping with Serious Illness
“What did the doctor say?” A diagnosis of a serious illness can be life changing. The need to understand treatment options and to receive medical care is often overwhelming. A […]
The Gen X Jam
Members of Generation X range from 35 to 49 years old, sandwiched between the Boomers and Millennials, who factor in to create the Gen X Jam. Providing support for family, older and younger, carries substantial financial implications.
How to Create a Budget You’ll Stick To
At the beginning of every new year, there are many opportunities to reflect on the past year and plan for the year ahead. Whether or not you have made New […]
Are You Ready for the Unexpected? The Power of Financial Projections
Certain events in your life are happy and planned – graduations, getting that job, and having a child. Other significant events may be sudden and unexpected – disability, divorce, and […]
Bridging the Retirement Savings Gap – Five Steps for Women to Prepare for Retirement
Recently I encouraged a female family member, a new college graduate, to take advantage of her employer’s retirement plan at her first “real” job. She responded that her future husband […]