By Dalia Rodriguez As we celebrate Hispanic-Latino Heritage Month, I find myself reflecting on how many of my decisions are influenced by my culture and how they uncovered my money story. What is Culture? Culture encompasses many aspects of human life. At its most basic level, it refers to the shared beliefs, values, customs, and behaviors…
By Nicole Del Percio A reverse mortgage is when a homeowner relinquishes equity in their home in exchange for regular payments to supplement their income. The lender pays you based on a percentage of your home’s value. According to the Wall Street Journal, less than 2% of homeowners have a reverse mortgage. So why are…
By Lacy Wolff Ewing We’ve been seeing a lot of pink these past few weeks – the Barbie movie just hit theaters, out-performing box office expectations, by the way. Movie-goers went all out for their screenings, with many dressing up in fully pink outfits ranging from basic shorts and shirts to extravagant squad getups. As…
What types of retirement accounts can you use (besides a Roth IRA)? By Nikita Wolff If you’re part of the 11% of adult workers in the US that are self-employed, you may be asking yourself how you can save for retirement (especially if you’ve already maxed your Roth IRA). The following accounts are those most…
What changes should you be aware of? By Jennifer Edwards, CFP® The Setting Every Community Up for Retirement Enhancement Act (known as the SECURE Act) of 2019 has gotten an upgrade. The SECURE 2.0 Act was passed at the end of December with broad bipartisan support and includes several provisions worth knowing about. SECURE 2.0…
While retirement may feel far away, it is vital to think about the future and ask yourself the right questions to plan effectively for retirement.
By Scott Bennett, CFP® Last week, the Florida State Senate and House of Representatives unanimously passed a bill that will make it the latest and largest state to mandate personal finance education for high school students as a prerequisite to graduation. It’s no secret that the current standing of financial education in America has a…
By Nikita Wolff
Every year, the imaginary clock resets and sparks motivation among the masses. Most people set New Year’s resolutions in some form or another. This most commonly takes the form of goals relating to exercise, weight loss, diet changes, or money management. Unfortunately though, about 80% of people don’t follow through on the changes they wanted…
The Public Service Loan Forgiveness (PSLF) program is a way for those who work in the public sector to get their federal student loan balance forgiven after 10 years by making 120 qualifying payments. Historically, those payments had to be made through an income-driven repayment plan like IBR, PAYE, or REPAYE. There were also rules…