Financial planning involves moving toward a future that fits your personal values. That “future state” can be envisioned as a goal. The first step to creating goals is writing something that is meaningful to you. The acronym SMART gives you a logical framework for developing goals that impact your direction in life. Without a directional bearing, we are a car … Read More
Renters Insurance Saves the Day
Insurance is designed to make you whole if the unexpected should happen. While banks and mortgage companies require us to have homeowners insurance, you may not have it if you are renting. Given the cost, Renters Insurance provides a huge value. Karina Moretz, ChFC®, shares her story of how Renters Insurance saved them thousands. Pre-Insurance Once upon a time I … Read More
Navigating Senior Year of High School Expenses
Your child’s senior year of high school is here. You have both spent the last 11 school years working towards this milestone. The monthly countdown to graduation begins! This year is filled with pride, accomplishments, anxiety, and…expenses?! You’re used to the normal expenses such as dance tickets and apparel, sports fees, game tickets, and club dues. But, goodness, all that … Read More
Top Money-Saving Tips for Summer Vacation Planning
Summer is just around the corner, and it’s the perfect time to plan your much-awaited vacation. However, vacation expenses can quickly add up and put a strain on your budget. If you have a Vacation Savings account, you are already have some money set aside for fun. More good news – with some smart planning and a few money-saving tips, … Read More
Five Easy Steps to Tame Your Food Budget
Without a doubt, the number one budget challenge I hear from clients is their food spending. Everyone knows to eat at home, but how can you do that? Don’t worry, Your Financial Mom is here to help! This article will give you a foolproof process to fix home cooked dinners and save money in five easy steps! My Eat at … Read More
Build Your Financial Planning Tower
Building a Financial Planning Tower may seem like a lot of work. Any time you are building something, you want it to be strong so it will last. The top layers need to stand on a sturdy foundation so it won’t topple or break. This is equally true for financial planning. Let’s explore how to build a financial planning tower … Read More
Organize Your Budget with Kon-Mari
As a financial planner, I like having an organized budget. So, when I saw the show Tidying Up with Marie Kondo, it became my new guilty pleasure. I started wondering how her tidying concepts could apply to our finances. Marie Kondo is a superstar in the world of organizing who has completely revolutionized the art of decluttering with her trademarked … Read More