I'm a freelance finance writer, finance blogger and financial advisor. I use my business and financial background to help communicate complex business and financial topics in an engaging and easy-to-understand fashion. Avid Green Bay Packers fan.
Money conversations between parents and adult children are difficult at best. Issues such as investments, retirement planning, estate planning wishes, and elder care are never easy. A study by Fidelity Investments entitled, Intra-Family Generational Finance Study, highlights some of the key issues involved.
One of the best things that financial advisors can provide to clients is an annual review of their financial situation. While this may seem intuitive, not all advisors do it. These sessions are beneficial for both the client and the financial advisor. While, ideally, there is ongoing communication all year long, a face-to-face meeting devoted to discussing where the client is and what might have changed over the past 12 months can lead to a much more in-depth conversation than a quick email or phone call.
Freelance writers and all self-employed people need to save for their retirement. When you are employed by a company, usually there is a retirement plan such as a 401(k). Freelance writers don’t have this option and need to start their own retirement plan to ensure they have something accumulated for their golden years. Here are some retirement plan options for freelance writers to consider.
Tax reform legislation enacted at the end of 2017 reflects the most sweeping change in the tax code in several decades. We will discuss some of the key provisions that will impact many of you regardless of what you do for a living, as well as how some of these aspects of the new laws might impact you as a freelancer.
Potential homebuyers with credit problems, low income or not much saved for a down payment may have trouble finding a home loan. For those borrowers, an FHA-insured loan might be a good solution. Here's what you should know if you're weighing whether a conventional or FHA mortgage is the best way to go.