Creating a plan for personal finances is essential, no matter how much money you make. This goes for celebrities as well, as a poor financial decision can lead to the same challenges as someone with a lesser income. To examine this further, here is a list of some of our favorite celebrities and five takeaways from their financial snafus.
If you’re like many young adults searching for the perfect father’s day gift, you already know that money management is necessary – even if it’s not always intuitive or taught. From large student loans to finding your first apartment, young adults are hit with a number of important yet unfamiliar financial challenges right off the bat. As a result, it’s possible you still depend on your parents for a number of financial obligations – car insurance, phone bills, streaming services, rent, etc.
If you’re looking for a unique gift to give your dad (or a father figure in your life) this Father’s Day, consider finding a few ways in which to reduce your financial dependence. Here’s how you can start.
Money is the second leading cause of stress amongst adults.1 If you find yourself worried about your financial wellbeing, you’re not alone – and there are things you can do to make it better. Financial stress can stop even the most productive people in their tracks, causing sleepless nights, avoidance of debt and denial. While it’s best to talk to your financial professional about what’s on your mind, here are a few tips to start managing your stress on your own.
Divorce is emotional, and financial protection may not always be top of mind. But being cautious and prepared early on can help prevent financial stress later down the line. If you’re amidst a divorce or considering the process, keep these seven tips in mind.
From mainstream media coverage to a parody skit on Saturday Night Live, non-fungible tokens (NFTs) are starting to become a household name. But the concept can be confusing and leave investors wondering whether this is a fad, a hobby or a bona fide investment. While you may be able to address this question with a trusted financial professional, below we’re offering a quick introduction to NFTs and the potential risks and rewards involved with owning them.
2021 is a great year to consider Roth conversions and other strategic moves from a tax planning perspective. Here are my thoughts as quoted in the Wall Street Journal (April 30, 2021):
Cryptocurrency is making headlines and it seems like everyone is diving into this new market.
But what exactly are they diving into? And, more important, should you join them?
I made a 2-minute video discussing the top three things you need to know before you decide whether to jump in or sit this one out.
Life has likely felt like a whirlwind since the pandemic started. While adjusting to the new normal, it’s possible your insurance coverage has not been top of mind. But in reality, you could be missing out by not reevaluating your current coverage. Here are four insurance areas you should reevaluate right away. Read more
As we continue navigating the pandemic, there are a few financially savvy ways to spend your tax refund – both to help yourself out and stimulate economic recovery. Read on to discover a few ideas, you may even consider combining several together to make a greater effect.