Being a stay-at-home parent isn’t easy. Even if you’re great with money, you may still need to do some extra planning and work before your family is truly ready to live on one income. There’s a lot to consider financially in this situation, from the costs of losing one salary to the costs of childcare.
Ah, Groundhog Day. The day each year we find out if spring will arrive early…or if there will be six more weeks of winter. But, instead of celebrating our favorite rodent this year, we decided to pay homage to Groundhog Day the movie, starring Evanston’s own Bill Murray. For those unfamiliar with the 1993 comedy,
It seems obvious that teens should learn about money. However, financial education for teens is sorely lacking. Many high schools offer little or no assistance in helping teens learn about money. While some parents make this a priority, others don’t focus on it at all. It might help both parents and educators to understand exactly
Last fall, recession fears were running high. It was hard to escape the conversation; predictions for the next big crash flew all over the media while clients, friends, acquaintances, and others constantly asked the team at my financial planning firm if a recession was really about to happen. Our answer to that question never changed,
When addressing financial literacy, there are so many elements to consider. One fundamental factor that most tend to forget is legal in nature and urges one to answer the question: What happens when I die? You’ve seen headlines about the many lives that have been cut short due to freak accidents, unexpected health issues and
Are you considering applying for a home equity line of credit? Home equity lines of credit, commonly referred to as HELOCs, represent an attractive type of financing that homeowners may decide to take advantage of for a variety of different reasons. HELOCs are commonly used to finance home improvements, to pay off expensive credit card debt,