Secure Your Loved Ones’ Future: 529 Plans & Secure 2.0 Changes for Educational Expenses
How can I help my loved ones with educational expenses? 529 Plans & Secure 2.0 Changes! We all want the best for our kids, family members, and those special to us. One of the best ways to start off our loved ones with a secure future is putting away funds for education and schooling expenses. […]
The Basics of Financial Independence, Explained for Busy Professionals
Here’s how to make your job something you choose rather than something you need. We discuss financial independence a lot on this blog, but what exactly do we mean by that? For starters, financial independence is the core goal that underpins all our advice. Many people might associate the term with financially supporting yourself without […]
Exercise Stock Options After Leaving: the 90-Day Limit
Maybe you’ve gotten a job elsewhere, been laid off, or are taking that long-awaited sabbatical. Unfortunately, you’ve just realized that moving on to the next thing wasn’t as easy as sending goodbye messages to your work buddies on Slack and turning in the company laptop. Unbeknownst to you, your financial life just got a lot […]
Leaving Your Company? By Hire or Fire – Here Are Your Top 3 Tax Considerations
We’re all seeing it: It feels like every other week there’s another LinkedIn announcement of one company or another downsizing its workforce, especially in the tech industry. Which means a lot of people have already had to switch their jobs this year, and because of the public nature of these layoffs, a lot more are […]
Your Financial Purpose: New Year Edition
There’s something about the holidays that immediately makes us more sentimental, isn’t there? There are delightful memories everywhere you look. For most of us it’s a friendly reminder of the things that are truly important to us in life: family, loved ones, and un-interrupted time to spend with them. But even for those that don’t […]
Are travel rewards credit cards worth it?
At KB Advisors, we get pretty deep into the weeds of tax planning and strategizing the best ways to use employee stock options. It’s something I love about our firm. But this month, I want to touch on something a little more high-level, and honestly, kind of fun. Because who doesn’t love travel? Especially if […]
Should I Buy a House Now or Wait? The Impossible Money Question
Should I buy a house now or wait? There is one question I struggle with more than any other. It’s impossible to answer. On the surface it’s easy. Buying a house is a good long-term move. There are tax benefits. You get to deduct your mortgage interest on the first $750,000 of mortgage debt. There […]
Hot Topic: Do You Have Enough Life Insurance?
Ahhh, life insurance. One of those “fun” topics that’s such a mystery to most people that they have no idea if their current policy (if they have one) is enough. A company-sponsored $100,000 policy might be okay for a single person with no dependants. But—once you start adding in a spouse, children, mortgage payments, and […]
2022’s Bear Market, Inflation, & Rising Interest Rates: 5 Things to Do Now
It’s the trifecta of doom for personal finance, and all three happening right now: Bert Whitehead, author of “Why Smart People Do Stupid Things With Money,” has had a massive influence on how Jackie and I approach helping our clients. When he’d talk about emergency funds, he’d mention what he called a “triple threat” to […]