Health Savings Account: The Triple Threat of Tax Savings
Looking for a way to save more tax dollars before filing your return? Be sure to max out the triple threat of tax-savings vehicles—the Health Savings Account (HSA). You can make your 2020 contributions until April 15, 2021. (Note that since the publishing of this...
Does the GameStop Story Change Investment Strategy?
[vc_row][vc_column][vc_column_text]Last week, news of main street investors getting one up on Wall Street covered the news. Where will this story of GameStop lead, and does it change conventional investment strategy? The GameStop Story (So Far) The price of GameStop...
How I Launched a Business During a Pandemic
Several of my clients have asked how I was able develop the financial flexibility to launch a business during a pandemic. This decision wasn’t easy, but was the culmination of a 20-year financial journey. And the lessons I’ve learned underpin how I approach...
US Employees Overwhelmed by Financial Stress
COVID-19 has been shining a light on a deep-rooted issue that existed before the pandemic—US employees are overwhelmed by financial stress. PricewaterhouseCooper’s 9th annual Employee Financial Wellness Survey, conducted in January 2020, before the pandemic, revealed...
A Cash Emergency Fund is More than Defense
Financial advisors typically advise holding six to twelve months of expenses in a cash emergency fund. This cash reserve, a strong defensive tool, will weather you through life's challenges. But, this fund can also play a role in a strong offensive strategy. Life...
Financial Foundations 3: Don’t Give Up Your Mocha Yet
Not ready to give up your daily mocha? If your daily coffee run brings you joy, eliminate other spending first. While these steps don’t replace living within your means and avoiding credit card debt, followed diligently, they can free up a decent amount of cash: Avoid...