Four Things You Need to Gain Peace of Mind
By Kathy Longo, CFP®, CAP®, CDFA
Monday, 29 May 2023
It’s that time of year when new high school graduates are celebrating, and many are preparing to move away to college. It can be a very hopeful and exciting time, but it’s also bittersweet – and sometimes downright worrisome – for parents. I remember what it felt like when my daughter Maddy went off to college. (She successfully graduated in May of 2019.) I had my concerns about her safety, her well-being, her ability to create her own structure with all that freedom, and all the other concerns that come with being the parent of a young adult. Maddy, on the other hand, was excited to begin this new chapter of her life. The furthest thing from her mind was worst-case scenarios and creating a plan for the what-ifs of adulthood. However, getting four documents in place before she left home gave me considerable peace of mind, and I want to share those with you.
Tips to Overcome Your Worries and Embrace Your Financial Potential
By Kathy Longo, CFP®, CAP®, CDFA
Thursday, 25 May 2023
In some ways, women are more financially empowered than ever before. They control 33% of household wealth – or $10 trillion – and that number is expected to rise to $30 trillion in the next three to five years. However, I still see many women caught up in common financial fears that can hold them back from fully embracing their financial potential. Money worries are not insurmountable, however, and in this article, I’ll discuss how to face them head-on so you can break free from the limitations that may be holding you back from building more wealth and creating greater financial well-being.
Tips for Discussing Nine Important Financial Considerations
By Kathy Longo, CFP®, CAP®, CDFA
Monday, 15 May 2023
If you’re helping to care for your aging parents – or concerned that you might need to get directly involved in their affairs as they get older – this article is for you. This article will share ways to approach financial conversations that can be difficult to have, and yet are critical to your family’s financial future. Of course, this is no easy topic. Discussing finances can be tricky in any relationship – and it can be even more complicated as an adult child trying to broach the subject with your parents. I suggest using the nine topic areas below to have productive conversations and to cover the most critical aspects of your parent’s finances. By gathering this information, you’ll be in a better position to provide care for them and to safeguard your family’s finances, too.
Female Entrepreneur Financial Planning Guidance
By Kathy Longo, CFP®, CAP®, CDFA
Monday, 24 April 2023
Starting a business can be a rewarding and fulfilling endeavor – I know from personal experience! Of course, I also know that entrepreneurs face many challenges, and that includes important aspects of financial planning. Below, I’ll review some financial planning guidance for women who are considering starting their own businesses.
Enjoy a Comfortable Retirement with These Steps
By Jay Pluimer, AIF® CIMA®
Monday, 20 March 2023
Retirement planning is an essential aspect of your financial journey. While it can be a daunting task for anyone, it can be especially challenging for single women. Women tend to live longer than men and may face unique financial challenges such as the gender pay gap and career interruptions due to caregiving responsibilities. However, with careful planning, single women can take control of their financial future and achieve a comfortable retirement. Below are six retirement planning tips for single women.
