Maybe on Valentine’s Day you made a loving commitment to take your relationship to the next level. Could be engagement, buying a house together, or sharing an abode. The more you commit to a person, the more you commit to their finances, so now is the time to start off on the right foot. Herewith,…
It’s not all boring finance around here! Enjoy a festive drink idea in honor of St. Valentine. Cocktail – Love Potion Martini Ingredients: 2 oz vodka 1 oz raspberry liqueur ½ oz fresh lemon juice ½ oz simple syrup (adjust to taste) Garnish suggestions: Fresh raspberries and lemon twist Extra fancy: Rim your glass…
“Because what are finances, really, besides an ongoing series of personal decisions?” ~ Quote from Team Lemonade. I love this concept because it reminds us that money isn’t just numbers. It’s a means to create a life that expresses our values and priorities. You loved that your partner introduced fun and spontaneity into your…
No, not religions, although after the holidays spent with warring family factions, some people do question their faith. Last week, I explained the basics of Roth conversions. For a little more detail, here are some pros and cons making this transaction. Pros Tax Free Withdrawals in Retirement: The big news when Roth IRAs were invented…
Hello, Cart! You seem to be in front of my horse. In looking at my newsletter archives (because I’ve read all of the Agatha Christie mysteries twice and needed something exciting to fill the void), it looks like I’ve addressed some specifics about Roth conversions in past blogs, but never talked about the basics. First,…
For you Rebel Tendencies out there who don’t believe in New Year’s Resolutions or To-Do lists, or people telling you when and how to set goals, you can skip this blog and go back to breaking all the rules. For the rest of us, January often feels like a good time to assess where we…
When a question comes up repeatedly, that means it’s time for a blog about it. Lately I have heard tons of frustration from clients who are trying to buy a house, but the inventory is so low and pitiful and expensive that they are stepping away from the hunt. Sometimes for a short mental health…
Or is it? I hear a lot of confusion around taxes upon selling a primary residence. People believe a mash up of rules that include those for selling a rental property or long outdated laws about downsizing as a retiree. It’s fairly straightforward (as IRS rules go). If you are single, the first $250,000…
If conversation should get slow (or political), use this handy holiday Mad Libs to lighten up the atmosphere. Holiday Mad Libs Each year my family and I (verb) _________________ to our grandparents’ (noun) ___________________to celebrate (name of holiday) _____________________. The weather can sometimes be (adjective) ________________________, so we start out early. We love to…
Who wants to think about saving more for retirement during the fun of holiday shopping? You do! The IRS, that go-to fun squad for gifts that keep on giving, has adjusted the maximum for retirement savings in 2024. The time to get your percentages and autopayments adjusted is now! Here is what is in…
