How do you find the best budget app for couples when there are so many choices available? Almost every major bank, and even small credit unions, are offering a budgeting function as a part of their online banking system. And of course, there are the most popular third-party budget apps like Mint, YNAB (You Need a Budget), and Every Dollar. …
What happens to my debt when I die? Does it just go away? Or will my family be responsible to pay it for me? The answer depends on a few factors, including the type of debt, if you have any assets when you die, and if you’re legally married or not. We generally don’t like to dwell on the fact …
If you were to die tomorrow, do you know what happens to your money? What happens with your banks accounts, investments, retirement funds, and insurance policies? Trust me, no one likes to think or talk about their own death, but we all will die at some point (unless you’re an immortal vampire!). And there’s nothing more loving you can do …
“Should I refinance my student loans?” It’s a question I’m asked almost weekly by my followers and potential clients. It’s true, student loan debt is a growing financial burden for many Americans. In fact, the biggest asset of the US Government is student loan debt. (Yikes!) For some people, this debt prevents them from saving adequately for retirement and other …
I had an epiphany the other day: I am the Marie Kondo of money. If you’ve read Marie’s book, The Life-Changing Magic of Tidying Up or watched her Netflix series, you’ll know that she helps people conquer their physical clutter once and for all. She has a very specific process for doing this. Marie helps people remove all their clutter, assessing what …
My clients have lots of questions about financial coaching before they hire me. You might too, if you’re thinking you need help to get your finances in order. And that’s a smart idea! Before you hire me, or any other financial coach, you should make sure you get ALL of your questions answered. Here’s the most common questions that I …
You probably know when you need the services of a banker, CPA, or investment advisor. But when should you hire a financial coach? You don’t need a loan, assistance with filing your taxes, or the latest stock tip. You need a different kind of financial guidance that’s harder to define. When to Hire a Financial Coach The answer in one …
When I hit financial rock bottom, I used the Volcano Method of debt reduction to dig myself out. But I didn’t realize that’s what it was called at the time! At age 26, fresh out of a dysfunctional 7-year relationship, I found myself buried in debt, with zero savings and a less-than-stellar credit score. My ex-fiance “Jeff” couldn’t seem to …
What you don’t know about medical bills can cost you both in terms of money and frustration. There can be some unpleasant side effects from your medical care if you’re not aware of these billing pitfalls. Yes, of course, your medical providers deserve to be paid fairly. However, I don’t want you to overpay your medical bills because of confusion …