“Debt is one person's liability, but another person's asset.” -Paul Krugman, American Economist
By Kathy Longo, CFP®, CAP®, CDFA
Sunday, 17 February 2019
We hear it all the time, everywhere, that Americans have too much debt. The debt of individuals 65 or older has risen 48% between 2003 and 2015.[i] The student loan debt hit $1.53 trillion in 2018.[ii] Americans now also have the highest credit-card debt in U.S. history with over $1 trillion owed.[iii] Considering that household debt hit a record high of $13.5 trillion[iv] you can see we are dragging a lot of debt around with us. What’s important to remember is that not all debt is created equal. In fact, some debt may be good.
Tuesday, 15 January 2019
Kathy was recently quoted on WhatInvestment.co.uk about how establishing realistic goals can keep you on track for better financial outcomes.
Meet the Passionate Duo Donning Orange Ties in the Fight for Early Childhood Education
Friday, 11 January 2019
Jay Pluimer recently sat down at the kid's table to have a talk with YWCA Minneapolis about his work with Mike O'Keefe as co-chairs of YWCA giving circle. Jay's signature effort, Circle of Men, first formed to support the fundraising event Circle of Women, has recently expanded its efforts to help make high-quality Early Childhood Education more accessible to all through philanthropy and advocacy.
Kathy Longo Shares Her Expertise With Barron's
Thursday, 10 January 2019
Always an advocate for open conversations around money and financial planning Kathy Longo recently shared her expertise with Barron's for their article, How to Talk to Your Family About Money.
Saturday, 05 January 2019
Kathy Longo's thoughts on questions around net worth have been featured on U.S. News & World Report. This article was so popular it was also picked up by WTOP in Washington D.C.
