Financial Finesse
Financial Finesse
Blog Post
  • Owning a home is a financial goal for many Americans. For those who live in the most expensive real estate markets, like the New York City area, the D.C. area, the Boston area and pretty much the entire states of California and Hawaii, that goal may appear hopelessly out of reach. Median housing prices in these regions are astronomically high compared to the U.S. median home price ($264,800 as of ...

Financial Finesse
Financial Finesse
Blog Post
  • Feeling less than happy with your finances these days? If you are like me, it’s not enough to know that you feel bad about your financial choices. I also want to know why I made those dumb money decisions in the first place. Getting out of your own head Some psychologists suggest that our critical inner voice may be one of the culprits. It’s that internal self-chatter that sometimes tells you it’s...

Financial Finesse
Financial Finesse
Blog Post
  • This month marks my 2-year anniversary of joining Financial Finesse. Prior to making the move, I was with my previous employer for 17 years. It was my first change in employer change since college. While I am seasoned veteran at my job, I was a rookie at changing companies. Transitioning from one company to another can be an exciting time but it also presents many opportunities for costly financia...

Financial Finesse
Financial Finesse
Blog Post
  • With mortgage rates and home prices on the rise, many people are scrambling to buy a home before homes become even less affordable than they already are. If you don’t own a home, should you jump on the home buying bandwagon? Here are some questions to ask yourself first: How long will you keep the home? Don’t count on home prices to keep rising forever. At some point, rising mortgage rates and a w...

Financial Finesse
Financial Finesse
Blog Post
  • If you have read any of my former posts, you probably know that at one point my husband and I were what you would call in the South, a financial “hot mess.” In order to get out of it, we decided to sell everything but the kids (trust me, at times I was really tempted) and rent until we became debt free (about $150K in debt). Getting started on buying a home After our debt payoff we knew we wanted ...

Financial Finesse
Financial Finesse
Blog Post
  • When the stock market starts going wild, it can cause you to second guess your investment choices in your 401(k). Perhaps all those aggressive funds that made you so happy these past few years are letting you down. You could ignore this roller coaster and focus on your financial life goals and maybe you should…or maybe you shouldn’t because that sick feeling in your stomach every time you look at ...

Financial Finesse
Financial Finesse
Blog Post
  • As we celebrate our Nation’s Independence, I find myself reflecting on the notion of financial independence. I want to share some of my personal journey to financial independence, not to define financial independence, but to share my personal feelings on what it means to me. A journey, not a destination Several years ago, I found myself at a crossroads. While I was making decent money as a financi...

Financial Finesse
Financial Finesse
Blog Post
  • Take a moment to think about what you would do if you were financially independent. Would you travel, volunteer, spend more time with family or friends and “treat” them or yourself more often? Is financial independence something you want to achieve and life keeps getting in the way? This month, take a stand and start choosing the financial lifestyle you want. When the people who founded the United...

Financial Finesse
Financial Finesse
Blog Post
  • You’ve probably figured out that I am not a big fan of cosigning on loans – too much risk and no benefits. But we all want to help those we care about, so what else can we do? Here are a few ideas: Help with a down payment: If you’re being asked to co-sign a mortgage or car loan, perhaps just helping with a down payment is enough, assuming you have the cash available. That could help them qualify ...

Financial Finesse
Financial Finesse
Blog Post
  • Are you confident that your investments are well positioned to help you reach your financial life goals? This can be a difficult question to answer if you do not have a written action plan already in place to help provide guidance for your investment decisions. While the overall mood of investors has improved dramatically since the Great Recession, many investors still lack confidence that their a...

Financial Finesse
Financial Finesse
Blog Post
  • Besides knowing what counts and doesn’t count toward your credit score, what is the ideal situation that earns you that coveted high-700’s rating and all the low interest rates and amazing credit offers that come along with it? Here’s how it works:   What makes your ideal credit score: 3 – 4 revolving credit cards each with high lines of credit ($10,000 or more) with a low balance carried on one. ...

Financial Finesse
Financial Finesse
Blog Post
  • It’s officially hurricane and wildfire season again, and if the past couple years are any indication, we’re likely to see a few natural disasters this summer. Hopefully you’re not impacted, but rather than wait until one is imminent in the news, we all need to take some time to make sure we are ready if we find ourselves in an evacuation situation. My family was impacted directly a few years ago d...

Financial Finesse
Financial Finesse
Blog Post
  • Many years ago, when we were just starting our family and wrestling with a host of competing financial obligations – a mortgage, car payments, large credit card balances, insurance, switching from two incomes down to one after our first baby arrived – my mind began to flirt with thoughts of the blissful financial freedom that declaring bankruptcy might bring. How refreshing it would be to make tho...

Financial Finesse
Financial Finesse
Blog Post
  • There are certain things in life that, without regular attention, will eventually cause serious issues for you. I call these thing self -care. If you neglect your personal health, it will eventually hijack all your time and energy to get well again. If you do not nourish your personal relationships, you will ultimately have to spend much more time trying to sew them back together again (or finding...

Financial Finesse
Financial Finesse
Blog Post
  • Have you ever been approached by a friend or family member asking you to cosign on a loan for them? They will most likely promise you that they are good for the monthly payments and just need some help getting approved for the loan. You want to help them out, but is this a smart thing to do? What are the risks to you as a cosigner? These are important questions to ask yourself before you commit to...

Financial Finesse
Financial Finesse
Blog Post
  • If you have dependents, you might need life insurance. If you’re in your 50’s to mid-60’s with $200k to $3 million in assets, you may also need long term care insurance. Why not buy both together? That’s the question presented by hybrid life and long term care policies and life insurance policies with a long term care benefit rider. Let’s take a look at some of the pros and cons: Pros It can be ea...

Financial Finesse
Financial Finesse
Blog Post
  • There it is. The dreaded stack of unpaid bills. The “I’ll get to that later” pile. The pile that occupies a prominent spot on my desk so it can grab my attention, yet it still sits there unpaid day after day pile. You’re not alone If you also have a pile like this, you’re in good company. I’m an experienced Certified Financial Planner™ professional, and I have one, too. That doesn’t get either one...

Financial Finesse
Financial Finesse
Blog Post
  • Most people know that the amount of your Social Security benefit depends on two things: The age you are when you elect to begin receiving payments The highest 35 years of your earnings However, there is a lot of confusion around how your benefit is affected if you work past age 62, especially if you’re in your highest earning years. Here’s what you need to know Your earnings are indexed for econom...

Financial Finesse
Financial Finesse
Blog Post
  • When I went away to college, I was completely unprepared to handle my own money. My family never discussed it with me, so when I went away to school, the peer pressure of having to look a certain way and the desire to hang out with friends quickly left me broke, no matter how much money I had. If I could go back to 1990 when I graduated from high school (don’t do the math, I can’t believe it’s bee...

Financial Finesse
Financial Finesse
Blog Post
  • Financial planners generally agree that delaying your Social Security retirement benefits can be an excellent way to maximize your available retirement income and potentially stretch your savings over your lifetime. As you are probably aware, each year past full retirement age that you wait to file your claim, your Social Security retirement benefit increases by as much as 8%. Where else are you g...

Financial Finesse
Financial Finesse
Blog Post
  • One of the most common questions we receive as financial coaches is, “Should I do a 15-year or 30-year mortgage?” Maybe you’ve heard that a 15-year is better, but like many financial questions, it really depends on your personal circumstances. Let’s take a quick look at the history of mortgages and explore the criteria for deciding. Why are mortgages 30 years anyway? Prior to the Great Depression,...

Financial Finesse
Financial Finesse
Blog Post
  • We’ve all heard about 529 plans as a vehicle to save for college, but what about using them strictly as a way to pay, even if you don’t put a cent in before tuition is due? We typically look at these plans through a long-term savings lens to accumulate larger sums of money for a child’s education. But there is also a short-term view that allows you to use a 529 plan to save money on state income t...

Financial Finesse
Financial Finesse
Blog Post
  • Have you heard the latest dating trend? You may have heard of ghosting and even stashing, but how about the millennial version of gold digging? Unlike the old version, this one is a bit of a reversal that mostly involves men looking to marry women who earn more than them to help pay off their debts. Let’s put aside the usual concerns about marrying for financial reasons, and instead look at where ...

Financial Finesse
Financial Finesse
Blog Post
  • My parents adopted a puppy this summer and as part of their preparation for her arrival, we discussed whether they need to invest in pet insurance. In fact, many companies even offer discounted pet insurance for employees. But do you really need it? It depends. On one hand, it’s heart-breaking to have to make decisions about your beloved pet’s life solely for financial reasons, but on the other ha...

Financial Finesse
Financial Finesse
Blog Post
  • While my friend Tania wrote about the surprise costs of senior year and my buddy Michael wrote about the wisdom of not having all your eggs in a 529 basket, the graduation of my oldest daughter Kate this month got me thinking, especially since my second daughter Rachel is going to be a junior. Parents of recent grads, I know you feel my pain — graduating from high school is expensive! I’m wonderin...

Financial Finesse
Financial Finesse
Blog Post
  • As a financial wellness coach, I have the unique opportunity to dive deep into the finances of many different types of people with many different situations. Most financial advisors don’t have this perspective because they only work with “qualified prospects,” people with enough investable assets for them to manage. Because of our business model, we are able to deliver guidance to employees on eve...

Financial Finesse
Financial Finesse
Blog Post
  • Since my early days in the financial services industry, around 1997 or so, the industry mantra has always been, “Save more money for retirement; you never know how long it may last.” I’m not sure if we were talking more about time or money, but most people assume the money won’t last as long as retirement might, which is a scary thought. The idea that we aren’t saving enough conjures up a pervasiv...

Financial Finesse
Financial Finesse
Blog Post
  • It is clearly graduation season — the proud parents, gowns, and decorated mortar boards are filling my social media feeds. My favorite part of the season are the inspiring commencement addresses. While the ceremonies are filled with optimism about the future, many of this group of graduates will walk away from the festivities with a burden of student loan debt. As many as 7 out 10 college graduate...

Out-Market Your Competitors?

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account Log in

By signing up, you agree to the Terms of Service and Privacy Policy.

Out-Market Your Competitors

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account

Already a user?  Log in

By signing up, you agree to the Terms of Service and Privacy Policy.