FINANCIAL LEARNING
Finding new ways to hide travel fees
When you travel, there's a fee for everything. Change an airline ticket, pay a fee. Forget to fill your car rental gas tank, pay a fee. Cancel your...
Do Our Biases Inhibit Our Retirement Savings Efforts?
They may affect our attempts to build wealth. Picture an 18-wheeler, its 4,000-cubic-foot cargo trailer filled to capacity with stacks of $100...
Filial Responsibility Laws
Could you be required to provide financial support to your parents? Imagine your parents outliving their money. A terrible thought, right? Should...
Don’t be Ruled By The Headlines
Elder Abuse: The Elephant in the Room
A growing problem in the United States is what is called “elder abuse”. It occurs in nursing homes, assisted living facilities and especially in...
I’m facing a divorce. What do I do now?
IMPORTANT NOTE: Will Parrish and his team at Slate, Disharoon, Parrish & Associates, LLC are NOT attorneys and do not provide legal advice....
Does a teacher NEED a financial plan?
“I don’t make that much money.” “I have the TCRS.” “I don’t lead an extravagant life.” All are things the SDP Team has heard, and all are reasons...
How Men And Women Think Differently About Money
Men and women approach financial planning differently, but there's success in their balance. By Janet Bodnar, From Kiplinger's Personal Finance Read...
What’s the Best Corporate Structure to Protect Small Business Owners?
Robb Mandelbaum Do you create a partnership? A corporation? And what kind? When business takes a turn for the worse—the debts become unmanageable,...
The Difference Between Having An Estate Plan And A Wealth Transfer Plan
Michael Chamberlain, CFP, AIF, Contributor Unfortunately, only about 45% of adult Americans have estate-planning documents. Generally as one...
How do seniors living alone rate their health?
BY RACHEL BLUTH, KAISER HEALTH NEWS People over 65 who live alone were more likely to describe their health as excellent or very good than were...
Divorce and dentistry: Why is rate of divorce high among dentists, and how can they avoid it?
Dentists have the unfortunate reputation of having a higher divorce rate than the rest of the population. Turns out that isn't true. However, there...
4 Credit Card Tips to Make Business Travel Easier
With the economy roaring back to life and airline ticket prices falling, many businesses are sending their employees back on the road in order to...
Beware of the Grandparents Scam
It's an all-too-common crime that can result in a loss of thousands of dollars Don’t let this happen to you or a loved one: An urgent email, or a...
Golf Tips: How to stay calm in a pressure situation
How many of you out there have let a great round slip away because the pressure gets to you at the worst possible moment? We've all been there. It...
Seniors, don’t fall for this dangerous fraudster trick
If you're in your 50s or older, chances are good that financial fraudsters have a big red target on your back. That's because they think you've got...
Estate planning 101: Stop and think about the pieces
Many people don’t understand that when it comes to transferring property after death a will does not cover all assets. When designing someone’s...
Why today’s stock volatility shouldn’t scare retirees
Stock prices seem increasingly volatile. So much so that those saving for and those living in retirement are becoming increasingly fearful of...
How To Lend Money To Friends And Family The Right Way
Getting hit up for a loan can make you feel like you’re stepping into a minefield. In today’s economy, it’s easy to understand how someone can find...
Which Pension Income Option is Right for Me?
Pensions are great things! Generally, a person has a variety of options to choose from for providing lifetime income, not only for themselves, but...
Should I Have Long-Term Care Insurance?
According to longtermcare.gov: Some average costs for long-term care in the United States (in 2010) were: $205 per day or $6,235 per month for a...
Which Type of Life Insurance is Best for Me…Term or Permanent?
Depending on your individual needs, the answer can vary. In general, the focus should be on finding the right AMOUNT of insurance within your...
How Much Life Insurance Should I Have?
Art and science are part of answering this question for yourself. One method is to ask yourself “What do I WANT to happen if I die right now?”...
Do I Need Other Legal Documents Besides A Will?
Along with your will there are other documents you might consider adding to your planning. The two most common are Medical and Durable Powers of...
Do I Need a Will?
A quick internet search will bring up a long list of cases where someone died without a will leaving their family in turmoil. “But those articles...
How Much Should I Save as an Emergency Fund?
Also known as your “Unexpected Expenses Fund,” the emergency fund is an important part of your financial plan. The short answer is “anything is...
Is All Debt Bad?
Not really. Debt against an asset that could appreciate, for example, real estate, can be good debt to hold for a variety of reasons. Interest could...
Am I on the right track?
We’ve all heard the old saying, “If you don’t know where you’re going, any road will take you there!” So it is with financial planning. If we...
What is a financial plan?
A financial plan is the outcome of blending your needs wants, ideals, values, and dreams into a comprehensive product that outlines what needs to be...
What does “Safe” mean?
In the context of investing, “safe” has relative meaning depending on many factors. Primarily, “safe” means what is “safe” to you in your...