“106 Things We Do” for our Clients at KFG
We made a list of all of the things we do for your clients. We’re at 106 things so far . . .
Workshop For Women In Business By Christina Lynn, CFP
Financing is often a challenge for women in business, even though women own 40% of businesses in the US. For example, female entrepreneurs ask for roughly $35,000 less in financing than their male...
“You’re It.” Financial Caregiving and Money Beliefs
"Mom, I can't take time off work today to take you to your doctor's appointment, so I've arranged to pay for an Uber driver instead." The elderly parent's need for transportation is met. The son or...
When Tax Deductions Cost You Money
How much is a tax deduction worth? Maybe less than your money scripts would have you believe. Here are some common ways that over-emphasizing deductions may reduce your tax bill, but actually cost...
Inflated Fears of “Rigged” Markets and Hyperinflation
Our economy is recovering; the stock market is booming. Yet I'm hearing investors express much more fear now than they did last March when the stock market was falling off a cliff. I see a couple of...
Financial Therapy a Resource for Family-Owned Businesses
"Mom and pop shop." This common term for a small family-owned business makes it sound like a cozy little operation where the owners live and work harmoniously together to make their shared dream...
When Ethical Financial Advice is “Don’t Hire Me”
"If I was your financial adviser, I would tell you that engaging me is not a good deal for you." I’ve told hundreds of prospects this over my nearly 40-year career as a financial planner. I can make...
Taxes, Emotions, and Your Money Scripts
Someone recently asked if I knew of a CPA that was trained as a financial therapist. I admitted I didn’t. I even chuckled at the peculiar combination—until I realized it's probably just as peculiar...
Eviction Moratorium Leaves Small Landlords Struggling
One of President Biden’s early executive orders extended the temporary national moratorium on evictions for nonpayment of rent that began on September 4, 2020. The moratorium is intended to help...
Cost of Living and Minimum Wage
President Biden’s coronavirus stimulus package has the intention of flooding the economy with money at a time when economic growth is sputtering. Ironically, it contains one provision likely to...
GameStop, Reddit, and “Rigged” Stock Market
When there's drama in the stock market, I often learn about it at the gym. Case in point: the recent headline-grabbing hullabaloo about GameStop and Reddit. Apparently, some limited partnerships...
Financial Planning After Retirement
After you retire, do you still need financial planning? And can you afford it? The answer to the first question is clearly "yes." The answer to the second is "It depends." At times it’s true that a...
Common Retirement Money Mistakes
One of my retired clients is fond of telling me, "Growing old is not for the faint of heart." As we age, it becomes increasingly important for us to have a support system that will advocate for us,...