Education

Written by Rebecca Feeley Automating your savings for long term savings goals is the most effective way to save. It leaves no room for forgetting. And it leaves no room for changing your mind. The key is to do it in increments and at a frequency that doesn’t “hurt” too bad. A good example of…

The average age of death has shot from 68 to 79 between 1950 and today. As you can imagine, that has had a massive impact on the cost of care for the elderly. While it might seem like a good idea to drop out of the workforce to care for our own aging family members,…

Written by Rebecca Feeley Lately, my husband and I have been attempting to “get our affairs in order” before our first child arrives in December. At the top of our to-do list was hiring an attorney to draft a will for us…shout out to Doug Bayer of Bayer & Black, P.C. for meeting us on…

Our most recent regional AADMM chapter meeting consisted of a presentation from American Advisors Group on using home equity as a retirement solution. They stressed that it is a misconception that Home Equity Conversion Mortgages (or reverse mortgages) are for the financially destitute. In fact, according to our speaker, the sweet spot for someone considering…

Email scams are all too common these days. An email that looks like it’s from Chase or FedEx asking your to verify your account or track your package, could very well be from a scammer trying to get access to your money or your computer. The article and tips below from fellow AADMM member, Linda…

Per Pacific Gas and Electric Company (PG&E), a utility company for some of Financial Sense’s California clients, you can save on cooling costs with these simple ways to use air conditioning more efficiently: Keep your air conditioner’s filters clean to increase the efficiency and save on energy costs. Save up to $30/year. Run a ceiling…

On May 4, Aimee Johnson from Allianz Life presented at the 1st Annual Upsate Women in Finance Event, hosted by the Foundation for Women’s Financial Education. Her presentation was about financial impacts on women in the context of caregiving. Here are some staggering statistics I took away from that day: Today’s typical caregiver looks like…

Written by Rebecca Feeley I recently went to a panel presentation at a local funeral home (morbid, I know!) where a financial advisor, an attorney, and a funeral professional each provided their own perspective on the importance of considering and planning for the inevitable: death. While it wasn’t exactly a “fun” topic, it was incredibly…

Written by Rebecca Feeley Liz Maccarone and Julia Strayer from Merrill Lynch Wealth Management led a fascinating round-table discussion recently on the Myths and Mistakes of Financial Planning. Myths with regard to Credit & Lending was of particular interest to all in attendance, so I thought I’d share a few things that I learned… Myth…

The Simple Dollar recently laid out 4 behaviors that are common among people who have exceptional credit scores. Whether you’re applying for a mortgage, a loan, an apartment, or something else, it’s a good idea to emulate these behaviors in order to improve or maintain a high credit score. Never miss a payment. And we…