Investing involves goals. When you decide to put your money into an investment, you should establish, and possibly write down, what you want to accomplish. Are you hoping to build up a down payment on a home? Fund college? Retire? Focusing on your goals will help you determine how to invest. If you’re young with… Read More Money Monday – Investing Part 2
I had a couple of great questions posed to me on Instagram over the weekend, which prompted me to choose Investing as our next Money Monday series. The questions were: 1. What is the best way for a college student to invest in stock? 2. Will I please explain how investing works? I’d like to… Read More Money Monday – Investing
Happy Monday! Today I’m finishing our basic discussion of trusts. This is not intended to be an exhaustive discussion by any means. I only hope to give you something to think about and perhaps discuss with your attorney or financial advisor. We left off talking about living trusts. You may also have heard them called… Read More Money Monday – Trusts Part 3
Happy Monday! Today I’m continuing our discussion on living trusts. To recap last week, a living trust is exactly what it sounds like – a trust you create while you are living. It serves several purposes, including minimizing or avoiding probate, distributing assets to beneficiaries, smoothly transferring management of assets to another person at your direction and… Read More Money Monday – Trusts, Part 2
Money Mondays are back! This week I start a series on trusts. I hope you’ll join in the discussion. Please feel free to use the comments section with any questions or email me privately if that’s more comfortable for you. And now here we go: Money Monday – Trusts, Part 1. Possibly the most important part… Read More Money Monday – Trusts, Part 1