Investors commonly focus on their portfolios to ensure the next generation is taken care of, alleviating worry for themselves later in life. Another step is teaching your children or grandchildren about investing. Helping them understand the guiding principles is a golden opportunity to start them on a solid financial path. Holiday time together presents a… Read more »
For 25 years, the Women Leaders Forum of the Coachella Valley (WLF) has served the region guided by two unwavering commitments: building connections among local women leaders and supporting young women through education, mentorship and scholarship opportunities via their Young Women Leaders program. Since its inception, WLF has been a hub for honoring, celebrating and… Read more »
In this edition, we go back to basics with time-tested advice from (now retired) financial planner Reesa Manning which first appeared in our 2013 January/February edition. If you’re serious about pursuing your financial goals, first get your finances in order. Here are a few simple steps to keep you on track: Get organized Make time… Read more »
When it comes to growing your money in the stock market, you have two main strategies from which to choose: active investing and passive investing. Each has its own style, goals and level of involvement. Active investing is like being the chef in a kitchen, you pick the ingredients and adjust the recipe to try… Read more »
Tariffs are taxes a government places on imported goods — in other words, stuff coming from other countries. Imagine your country makes t-shirts. One day, cheaper t-shirts from another country flood the market. Great for shoppers, but not so great for local makers who can’t match the price. To help them, your government adds a… Read more »
Spring is in the air and so is the birth of many baby animals. This warm and wonderful season of renewal often inspires the desire to add to your own family… If you are in the market to adopt a four (or two) legged friend from a shelter, or purchase a pet from a breeder,… Read more »
It’s that time again to start fresh by reflecting on the past 12 months, reviewing and modifying goals, and setting expectations for the year ahead. Here are some important 2025 updates to help with your financial planning: Saving for retirement. This year, the IRS increased retirement savings limits for 401k plans to $23,500, the maximum… Read more »
No one likes to talk about death. However, it’s an important financial planning topic to consider. We all know we should have a living trust or will in place, yet even with the basics prepared and paid for, there are unexpected scenarios that can significantly set you back both emotionally and financially. Basic preparation. In… Read more »
Recently, the New York Times published an article by Tara Siegel Bernard entitled, “How One Man Lost $740,000 to Scammers Targeting His Retirement Savings.” The victim, a retired lawyer, was convinced by scammers that he was part of a government investigation. The scheme involved several individuals posing as investigators, IRS agents and authorities. They convinced… Read more »
Whether you are entering, enrolled or graduating college, student loans can be overwhelming. While there are numerous options to help ease the burden, research and adhering to terms is of utmost importance. Any student, regardless of income, who wants to be considered for federal, state and school financial aid programs should complete a FAFSA form… Read more »
Planning for a summer vacation? Here are some financial tips to help keep your budget intact. It’s always best to plan early; research where you’d like to go, and then start a savings bucket specifically for that vacation. Ideally, big trips should be well thought out a year in advance. This will allow you to… Read more »
If you are like most businesses with employees, you run into the challenge of motivating your team. Often, both decision makers and employees try to solve the problem with a raise – more money. But, if you goal is exceptional customer service and you need to motivate your staff to be more engaged, you might… Read more »
Planning for the future and growing a garden are quite similar. When we set out to grow a garden, we need a plan to determine the desired results. Do we want to harvest the garden to feed the family? Contribute to a community? Use it to accent what we already have available to us? Or… Read more »
Most of us are enrolled in some type of managed care health plan. Managed care means you agree to allow a private insurance group or physicians group manage your access to health care. From the insurer’s point of view, these are cost containment measures, and they can be frustrating to deal with if they are… Read more »
As we enter another new year, many look to this opportunity with excitement to start anew; refresh their outlook and create goals or new aspirations of achievement. However, it’s important to reflect on and remember the past as to not make the same mistakes or fall into the same rut after the new year’s excitement… Read more »
The cycle of life is an incredible journey through good times, bad times and unexpected events. Preparing for one’s financial lifecycle is often miscalculated, leaving a person or family financially strapped or in dire straits. Many life events bring us joy: a wedding, the birth of a child, a graduation and so on. But when… Read more »
Medicare Advantage plans are more popular than ever. With Medicare Annual Election Period coming soon, we are expecting even more seniors to choose this type of coverage than ever before. Low- or even no-premium plans are the most popular and some plans even offer a “giveback,” a credit to your Social Security benefit, rather than… Read more »
At a recent business conference, every session talked about ChatGPT and A.I. which made me question, should mankind be concerned? Will procedures and policies be put in place to manage the technology and potential threats? Recently, AP News reported that a couple of lawyers were fined for using falsely produced case references that ChatGPT had… Read more »
These days, many individuals are seeking ways to be calm and in the present, appreciate their lives and develop practices to stay focused. The financial events over the past few years have provided a perfect opportunity to practice these tools. Mindfulness. According to mindfulness.org, “Mindfulness is the basic human ability to be fully present,… Read more »
Packing for your summer vacation means finding room for all the essentials. One that many might forget is travel health insurance. Now, keep in mind that trip insurance and travel insurance are very different. Trip insurance, usually purchased from your agent or online booking site, insures you against loss for having to cancel or postpone… Read more »