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Articles tagged with: Financial Planning

Financial Advice for Married Couples: How to Get in Sync with Your Spouse

Nine Important Money Practices to Implement Right Now

22 January 2020

Financial Advice for Married Couples: How to Get in Sync with Your Spouse

Oh, the dichotomy of money discussions. They’re so important to have, yet they are often uncomfortable and, therefore, avoided at all costs. Couple that with the fact that money disagreements are a leading cause of divorce,[i] and it’s no surprise most married couples aren’t properly communicating about financial habits and money values.

 

[i] https://www.cnbc.com/2015/02/04/money-is-the-leading-cause-of-stress-in-relationships.html

The Impact of Home Ownership in Retirement: Two Important Things to Consider

There’s no such thing as a money tree, right?
If there was, retirement planning would certainly be much easier.

23 October 2019

The Impact of Home Ownership in Retirement: Two Important Things to Consider

If you’re one of the lucky ones, though – a retiree with substantial equity in your home – you’ve already got the next best thing to that money tree. The only question is, when and how should you cash in on it?

Retirement planning, in general, involves a very personal decision-making process. This is certainly true when you’re considering anything to do with your home. It is likely the biggest purchase you’ve ever made, it may represent an important goal you’ve accomplished, and it allows you to feel a sense of security in an ever-changing world. For all these reasons, it’s a complicated decision to transform all or part of this asset into retirement capital.

Avoid Lifestyle Inflation

30 July 2018

Avoid Lifestyle Inflation

by: Amy Ng
As you age and realize your earning potential, it’s only natural that you will add to and enhance your quality of life. Economic theories assume that humans are rational beings, yet the irrational action of spending beyond ones’ means is a very common reality. Many people see every income boost as a means of buying more stuff. Each raise at work results in a new addition to an increasingly cushy lifestyle filled with unnecessary purchases. The result is people putting off retirement. Even with plentiful salaries, the ever increasing investment in stuff leads them to constantly feeling like they don’t have enough money. Most of us have, or know others who have, experienced the allure of lifestyle inflation. Today’s post covers five things to consider when experiencing this enigma:

What Should You Expect from Your Financial Advisor?

29 June 2018

What Should You Expect from Your Financial Advisor?

You may be working with a financial advisor and wonder what you should expect from your financial advisor. You may be someone who is thinking of hiring a financial advisor as your financial picture becomes more complex and you really want to have an expert in your corner to help you better plan for your financial future. I’ve put together a list of expectations that I believe are important to consider when choosing or evaluating a financial advisor.

Echo Huang, CPA, CFP®, CFA Awarded the Five Star Wealth Manager Award for 2017!

28 July 2017

Echo Huang, CPA, CFP®, CFA Awarded the Five Star Wealth Manager Award for 2017!

Echo Huang has been a six-year recipient (2012 - 2017) of this award.

The Five Star Wealth Manager award program is the largest and most widely published award program in the financial services industry.  Five Star Professional conducts this research to help consumers with the decision of selecting a service professional in their area.  They have partnered with Twin Cities Business magazine and Mpls. St. Paul Magazine to recognize these professionals and highlight their achievements. 

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