Starting July 15, parents will begin receiving monthly payments from the government just for having kids. The child tax credit is increasing from $2,000 per child under 17 to $3,000 for kids aged 6-17 and $3,600 for any kids under 6. These monthly payments are only going to be paid monthly for the last 6 months of the calendar year,…
You are in your late 20’s to 30’s and have been saving for years to put a down payment on a house and the time has finally arrived. You now own the house you have dreamed of. Let me start by saying congratulations. Owning a house is a dream for many. It’s a place to build a life, grow a…
Finances are pretty easy to manage when you are paid a regular salary. However, things can get a little more confusing when your income is irregular. There are many different ways you can be paid these days, some common options are: having a salary, being paid through commissions, having salary + commission, being paid quarterly, etc. We all know the…
Emergency funds are a staple in financial planning. I am a firm believer that everyone needs one regardless of your risk tolerance, how safe your job is, how much debt you have, how much you have invested in the market, etc. There were multiple debates on Twitter this last month about how much you should have as an emergency fund…
As a financial advisor, I get asked almost daily what I am investing in. It mostly sounds like this “are you invested in Bitcoin? Ethereum, Apple, Tesla, AMC, etc.” The list could go on forever. I always have a hard time answering this question because what I invest in doesn’t really matter. Just because I invest in certain things does…
We have all heard that money is the #1 cause of divorce. I am not starting with this to scare you — I am saying it because you need to be mindful of how complex it can be to merge your financial life with someone else. You grew up in completely different ways leading you to have completely different beliefs…
Companies often look for opportunities to incentivize and pay their employees in other ways than just cash. Stock compensation is one of the most popular ways to do this. This past week, I was working on a plan for a client at Eli Lilly, and since so many people from Butler and Indianapolis work at Eli Lilly, I thought I…
Becoming a parent is one of the most exciting times of your life. You are now responsible for more than just yourself and your spouse. With that responsibility, there naturally comes a want to do the best for your family and put them above yourself. Parents ask me all the time if they are prepared to bring a child into…
Apple Podcast Google Podcast Spotify Podcast We are back with another episode of The Long Game Podcast and this time Justin Castelli interviews Thomas to let him share his story as a celebration of 1000 downloads. Hope you guys enjoy! In this episode with Thomas and Justin we talk about: Thomas’ journey from quitting basketball to trying to figure out…
Here are a few crazy statistics about millennials and working: 25% of millennials plan to switch jobs within the next year (cnbc) The average job length for a millennial is 3 years (recruiting.com) 60% of millennials are open to new job opportunities (recruiting.com) It’s safe to say that millennials are job hoppers. We want to find the right place to call…