Buying a rental property for your college-aged child

As high school students and their parents finalize college plans, some families are turning their attention to a bold financial move to avoid high-cost college housing. What’s that? Buying a rental property for their child (and their friends) to live in. Several months ago I spoke to Ingrid Case at Money magazine, and in this blog I’ve included my full insights on the topic.

How to balance saving for college and retirement

As college acceptances roll in, parents with children of all ages continue to consider ways they can help their children financially now, and in the future. And because many people are having children later in life than their parents might have, the competing interests of saving for college and retirement tend to be more pronounced. Here’s how to find balance between these two competing financial goals.

Mixed Signals: Record Low Unemployment As (Some) Industries Contract

2023 is off to an odd start with huge job losses in high-growth industries like tech, yet earlier this week unemployment hit a 53-year low. Clearly, various parts of the economy are affected in very different ways. In the fall, I spoke with Panos Mourdoukoutas from International Business Times on rising interest rates and inflation, and I’ve included my full thoughts along with an update here.

Rising Rates:  How Inflation Is Affecting the Housing Market

High inflation has caused interest rates to rise quicker than we’ve seen in the United States in more than 40 years. Why? As previously discussed, inflation is a dynamic and impactful symptom of an overheated economy. As everyone tries to keep up with inflation, it tends to become self-sustaining until, like a fire, it is smothered and stopped. It goes without saying that inflation can directly impact the housing market. Here’s what this means if you plan to buy or sell a home, or recently completed a transaction.

Your Job Change Financial Checklist

After landing a new opportunity, it feels so good to take some time to celebrate and run a victory lap before starting that new role. And because things will soon get hectic, it’s important to make sure that your money continues to work as hard as you do, and that you’re not leaving money behind.

Keep reading to learn the top 5 financial topics you’ll want to promptly address.

The Road to IPO – 3 things you need to do

In the year leading up to an IPO, there is a lot that needs to take place in order for a company (and its stock) to hit the ground running after going public. What many startup employees don’t realize is that they, too, have a lot that they need to take care of related to their stock options to achieve an optimal outcome.

If your company is planning to go public sometime soon, during the next 12-24 months, or recently completed an IPO, here are the top three things you need to be thinking about.

Inflation – The Good, The Bad, and The Ugly

After an economic downturn, it’s not uncommon to see a mismatch of supply and demand as battered sectors of the economy ramp up their operations and rehire workers. That’s why prices of highly sought-after goods and services tend to spike, at least in the short term, as buyers and sellers move towards a more balanced level of capacity. So here we’ll walk through why inflation is a bit of a goldilocks situation in that getting just the right amount of inflation is key in order for most people to benefit from its effects.

Tax reform - 3 factors you should consider

With tax day behind us, many people are now looking ahead to the potential impact of tax reform. Although the outcome is far from clear at this point, our emotional response says a lot about our current financial situation, and I’ve observed most people reacting by being either upset, or concerned and worried. Keep reading to learn about three items to consider as tax reform progresses (or not) during 2021.

Stock options – Avoid 4 common mistakes when your employer is acquired

Acquisition can be one of the few opportunities for employees to cash out their equity without leaving anything on the table, but from a practical standpoint it’s rarely that simple. That’s why if your employer is getting acquired, you’ll want to avoid several common mistakes we’ve outlined below to make the most of a windfall from your stock options, restricted stock, or restricted stock units (RSUs)

Homebuying – 3 Tips To Stay Sane When The Market Isn’t

For anyone who has considered purchasing a home recently, the behavior of market participants (some of them, at least) has brought back painful memories of the overheated housing market collapse that preceded a collapse during the Great Recession in 2008-2009. That’s why if you’re looking to buying a house, you’ll want to consider these three tips to stay level headed with the biggest purchase decision of your life.