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Posts Tagged ' Financial'

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Let’s Prepare for the Change of Seasons

As I write this, a noticeable change is in the air. The temps aren’t necessarily cold yet, but the days are getting slightly shorter. There’s a crispness to the mornings I’ve always found inviting. There’s definitely a change of seasons coming. Although we know the seasons will change and time will march on, we don’t always think it will come as quickly as it often does. In other words, it can really sneak up on us. The same can be said of the change of seasons in our own lives. From our childhood and the progression from grade to grade and on to graduation, jobs, and retirement, the passing of time is inevitable. Planning ahead for them is not. I’ve encountered many ‘change of season’ moments in my own life. The most recent being the change of seasons in my role with my own parents. I remember the time and coordination it took to find comfortable, supportive care for my parents in a care facility. We were blessed to find such an organization that could ...

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Back-to-School Edition: College-Bound

In an increasingly competitive job environment, obtaining a degree after high school has become even more necessary. The average estimated cost to attend at a public four-year in-state university is $24,061. The tuition is only a fraction of that figure but the total cost more than doubles when you factor in other room and board, books and supplies, transportation and personal expenses. The cost of a bachelor’s degree can vary based on several factors: attending public vs. private university; attending in-state vs. out-of-state university; location; or living at home vs. living on campus. Who pays the bill? Based on the most recent study from Sallie Mae, currently contributions from parents have surpassed scholarships and grants. What are the options to plan ahead? Save: Investing early and allowing the funds to compound can be an efficient way to pre-pay for higher education. There are different types of accounts that are available such as brokerage, Roth IRA, 529 Plans, Coverdell sa ...

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Financial Goals on the to-do's before the I-do's

Our calendar at home is starting to fill with a variety of invitations for summertime activities, particularly graduation celebrations and June weddings. Both are joyous celebrations in young lives. June is considered the official month of weddings, or so I’ve been told. I always assumed it was due to the warmer weather and sunnier days, but it actually stems from ancient beliefs, when marrying in June was thought to bless young couples with prosperity and good fortune. If only achieving the American Dream was as simple as luck and chance! Newlyweds and young couples today are faced with many opportunities and choices ahead of them. Life’s bigger questions start to surface–such as the best place to live or raise a family; what are the short and long-term savings goals; who will handle the family’s finances; and what are the shared plans for retirement? Oh, and we can’t forget about determining who will do the nightly dinner dishes. Seriously, though, making smart decisio ...

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