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.
Tuesday, 25 April 2023
While women control some $10 trillion in assets at the moment, the financial advisory industry remains dominated by men. A byproduct of this is that many women feel ignored – or worse, patronized – when meeting with financial professionals. Kathy Longo addresses this issue and related financial planning tips for women in this recent feature article from Worth.
Spend Your Money on Experiential Purchases to Find Greater Fulfillment
By Kathy Longo, CFP®, CAP®, CDFA
Monday, 20 February 2023
One thing that unites people from all walks of life is the innate yearning for long-lasting fulfillment and a desire to achieve genuine happiness. The question is, how do we actually achieve happiness? In a previous article, we examined the question of whether more money can lead to greater happiness and it can – in a few very specific ways. In this article, we’ll look at the importance of choosing how to spend whatever money you may have, with a focus on the impact of choosing to buy experiences over things.
How High-Income Earners Can Avoid Wasting Their Financial Potential
By Kathy Longo, CFP®, CAP®, CDFA
Wednesday, 07 September 2022
Coined by Fortune Magazine, the term HENRY stands for “high earner not rich yet” and it typically refers to individuals and families who earn between $250,000 and $500,0000 but haven’t been able to amass any real worth yet. It may be difficult to understand how someone making this much money could feel like they’re not rich, but with high costs of living, the reality is that high-income earners often feel that they’re far from rich. Research on the subject shows that 25% of families making $150,000 or more are living paycheck-to-paycheck.
