Newsletter

Portfolio with a Purpose: The Benefits of ESG Investing

Making an Impact with Your Investments By Kathy Longo, CFP®, CAP®, CDFA

Monday, 16 August 2021

Portfolio with a Purpose: The Benefits of ESG Investing

There’s a growing trend among those who are interested in making a positive impact on their portfolio – and the environment and society around them. To accomplish these dual goals, which were often considered to be at odds with each other in the past, many savvy investors are actively seeking Socially Responsible Investments (SRI) and Environmental, Social and Governance Criteria (ESG) investments when making investment decisions.

Over the past two decades, more individuals have been pursuing opportunities for socially responsible or mission-related investing, which was previously only available to large institutions. As concerns surrounding the environment, sustainability, and data privacy have grown, so has an interest in ESG investing.

Aligning your values and financial goals allows you to make investment gains and, because you are simultaneously supporting causes that are close to your heart, you’ll feel good about those investments in more ways than one. Below, we’ll discuss how you can build a portfolio with a purpose.

10 Ways to Protect Your Online Financial Information

Cybersecurity Strategies You Can Implement Today

By Kathy Longo, CFP®, CAP®, CDFA
Wednesday, 21 July 2021

10 Ways to Protect Your Online Financial Information

Living in the digital age certainly has its benefits. Things like online banking, automatic bill payment, and mobile wallet apps on our smartphones add ease and convenience to our lives. They also make our personal finances more accessible to us. Of course, having so much of our personal information on the internet also opens us up to scammers who try to take advantage of online consumer financial data. 

Below, we'll discuss ten cybersecurity measures you can take to help keep your financial and personal information safe and secure. 

How to Raise Privileged Kids Who Never Catch ‘Affluenza’

Impart Money Lessons and Values Early On to Give Wealthy Kids Greater Financial Understanding By Kathy Longo, CFP®, CAP®, CDFA

Monday, 05 July 2021

How to Raise Privileged Kids Who Never Catch ‘Affluenza’

Do you remember the 2015 news coverage of a Texas teenager caught fleeing the country to avoid the consequences he was facing after violating probation? During his drunken driving trial, a psychologist coined the term “affluenza” to refer to the impact financial privilege can have on a child’s ability to understand the impact of his or her actions. While this notorious defense didn’t hold water in court, the concept of wealth as ill-gotten, rather than hard-earned, has become more mainstream.

While it may seem counterintuitive, being wealthy poses its own set of unique challenges when it comes to raising financially literate and responsible children. Parents who don’t need to worry about money tend to be more likely to forget the necessity of teaching their children how to properly manage their finances. This leaves some privileged kids at a significant disadvantage because they never learn the skills they will inevitably need later in life.

Are You Practicing Values-Based Financial Planning?

How to Use Your Values to Guide Your Investments

By Kathy Longo, CFP®, CAP®, CDFA
Monday, 28 June 2021

Are You Practicing Values-Based Financial Planning?

When you think of your finances, your first thoughts probably aren’t about your core values. You’re more likely to be focused on the debt you are trying to tackle or the long-term goals you have for your money. Often, conversations about finances are more focused outwardly on things like interest rates, rather than inwardly on things like intrinsic values. At times,  it may even feel like the values that guide your life and the pursuit of money are at odds with each other, but that doesn’t have to be the case. 

With values-based financial planning, you can pursue your goals while staying true to yourself and the most important aspects of your life. Fortunately, it’s a fairly straightforward process, too. First, identify what matters most to you. Then, visualize your goals. Finally, determine a plan to reach those goals and get started implementing it.   

Seven Harmful Myths About Women and Money

It’s Time to Stop Believing These Financial Untruths

By Kathy Longo, CFP®, CAP®, CDFA
Monday, 14 June 2021

Seven Harmful Myths About Women and Money

When it comes to women and money, the relationship can certainly be complicated. However, the reasons behind that complexity are equally stratified and problematic. From dangerous stereotypes about women’s natural inclination for overspending to channeling women away from high-income jobs when making decisions about career choices, the lies women are told about money from a young age can wind up costing us in more ways than one.

Today, I want to debunk seven of these damaging money myths that keep women stalled in the workplace, stuck in negative relationships, and halted in the pursuit of their dreams for themselves and their families.

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