Loading...

How Important Are Standardized Test Scores for College Admission?

2022-01-17T13:27:01+00:00January 15, 2022|Blog, College Planning, Family Financial Information|

Institutions have long used standardized tests to measure students' competency in specific subject areas. Some of the more common areas consist of language, math, science, logic, and reasoning.  Students of all ages have come across these tests. From Common Core in elementary school to the ACT and SAT in high school, educators continuously use standardized tests to evaluate students’ intellect.  ACT and SAT scores have been synonymous with college applications for years. These tests leave [...]

The True Impact Your Emotions Have On Money (And It May Surprise You)

2022-01-10T22:16:44+00:00January 10, 2022|Blog, Financial Planning Psychology, General Financial Planning|

Think back to the last time you purchased something—the holidays are just barely in the rearview mirror, so maybe pick something from this past season.  Now ask yourself: why did you buy it? It’s likely your answer has something to do with making the recipient happy or bringing joy to someone else.  If so, you bought that item to fulfill or inspire an emotion—and unsurprisingly, that’s the underlying motivation for most people’s buying decisions in [...]

5 Financial Goals To Start The New Year Off Right

2022-01-10T22:22:10+00:00January 1, 2022|Blog, General Financial Planning, Lifestyle|

The new year glistens with hope, promise, and excitement. It opens the door for new beginnings and a chance to grow. It's also an excellent time to take a look at your financial plan. What are you excited to accomplish this year? How can you maximize the resources that put you on a path to live your ideal life? Here are five financial goals to help get you started. Goal 1: Commit To (Extra) Retirement [...]

5 Creative Ways to Avoid the Gift Tax (Including Paying for College)

2021-12-03T19:26:10+00:00December 15, 2021|Blog, Charitable Giving, College Planning, Taxes|

We’ve officially entered perhaps the highest spending month of the year! In fact, Christmas celebrations are expected to cost 17% more this year when compared to 2019 (you can thank COVID-19 and inflation for that lump of coal).  Despite being “the happiest time of the year,” gifters should beware of another type of Grinch, the gift tax. Giving to others doesn’t have to result in paying extra for your generosity, but how do you give [...]

Top Tips to Walk Into 2022 With Confidence and Purpose

2022-01-07T13:58:55+00:00December 1, 2021|Blog, Family Financial Information, General Financial Planning, Lifestyle|

With 2022 just around the corner, thoughts of New Year’s resolutions begin to swirl across the country. Among the expected career and health goals, many individuals will resolve to improve their money management skills in the upcoming year. As the importance of financial education steadily grows, there’s no better time to start making deliberate and informed decisions about your finances than right now. But what decisions should you take into account? How will the current [...]

How To Make Charitable Giving a Family Tradition (And Why It’ll Bring You Closer)

2021-12-03T19:12:24+00:00November 15, 2021|Charitable Giving|

Traditions are a cornerstone of a family’s values. Not only do they act as a window into your family’s priorities, but also directly influence a child’s perspective growing up. A beautiful tradition to begin or nurture as a family is charitable giving.  Charitable giving comes in many colors, and there are several ways to give of your time, talents, and resources to causes you care about. Whether you donate canned foods to a food [...]

Fund the Dream or the Degree? How to Balance Saving for Retirement and College

2022-01-07T13:59:40+00:00November 1, 2021|College Planning|

These days, parents have several financial concerns. Between spending on day-to-day necessities and investing for the future, balancing your financial priorities today and tomorrow can be challenging. This balance becomes even more critical when considering saving for college and retirement. Can you save for both goals at the same time? Which should you prioritize? What strategies could bring clarity, purpose, and direction to the process? Today, we’ll uncover the answers to these questions and more.  [...]

PSLF Overhaul: What You Need to Know

2021-11-10T03:36:39+00:00October 20, 2021|Blog, College Planning, Family Financial Information|

In October 2021, the US Department of Education initiated an overhaul of the existing Public Service Loan Forgiveness program (PSLF). Per the US Department of Education: “The Department estimates that the limited waiver alone will help over 550,000 borrowers who had previously consolidated their loans see their progress toward PSLF grow automatically, with the average borrower receiving 23 additional payments. This includes approximately 22,000 borrowers who will be immediately eligible to have their federal student [...]

Roth IRAs Aren’t Just for Retirement, They Can Boost Your College Fund, Too

2022-01-07T14:00:31+00:00October 15, 2021|Blog, College Planning, Family Financial Information|

A Roth IRA for college planning can be an important strategy to help foot the education bill. When you think about saving for college, what’s the first thing that comes to mind (besides worrying that you’ll have enough)? The answer is likely 529 plans, as these are the most commonly discussed vehicles concerning college savings. But there are several other options to consider, like Roth IRAs. Although Roth IRAs are primarily known for retirement savings, [...]

5 Clear Cut Signs You Need to Consider A Roth Conversion

2021-11-10T03:35:44+00:00October 1, 2021|Blog, Investments, Retirement|

To do a Roth conversion or not to do a Roth conversion, that is the question.  A Roth conversion presents a strategic avenue for high-earners to take advantage of a Roth IRA while not contributing directly.  While Roth conversions grant increased access to this coveted account, there are several factors to consider before initiating a conversion. Let’s take a look at five telltale signs a conversion may or may not be a good move for [...]

Go to Top