There is little doubt that cryptocurrency is having a significant impact on the world around us. Indeed, cryptocurrencies are so popular one literally needs to work to not hear about them on a daily basis. It is no wonder the public is clamoring to invest in the next big crypto coin. Read more
As we emerge from the worst of the pandemic and subsequent lockdowns, people may be eager to resume travel, eat out, and attend entertainment events. In economist-speak, there is a lot of pent-up consumer demand in the economy. Read more
In honor of B Corp month in March, it seemed a good time to share what it means to be a Certified B Corporation and why it matters to us and our clients. Redwood Grove Wealth Management became a Certified B Corp in late 2019. Read more
It seems like it can’t be possible, but the 2020 tax season is already in full swing, with the April 15th Tax Day fast approaching. As a result of the pandemic and resulting government response, several things are different for 2020 taxes relative to prior years. Read more
After 2020, setting lofty resolutions for 2021 might feel like a stretch, when just getting through the day can feel like a success. Instead, use the turning of the calendar as a time to reflect on what adaptions from 2020 you’d like to keep going forward. Also, instead of setting resolutions, try setting intentions. Here’s how that might look in your financial life. Read more
One of the dozen state propositions on the California ballot this year was Proposition 19. It was one of two propositions to address property taxes. It passed with 51% voting in favor, while the other property tax-related proposition, Prop 15, failed. What does Prop 19 mean for California homeowners? Read more
Many people are currently in open enrollment for employee benefits right now. An often-overlooked employee benefit that can really pay off in the long-term is the Health Savings Account (HSA). HSAs provide a tax-advantaged way to save for healthcare costs, now or in retirement. Read more
I’ve recently seen a couple members of the FIRE (Financial Independence, Retire Early) community speak on the movement that has gained momentum in recent years. While I admire some of the characteristics of adherents of this movement (e.g., careful spending, aggressive saving), and I’ve learned a few new terms (e.g., geo arbitrage, mega Roth), I’m left with some serious questions and concerns about those who are on this path. As a financial planner, here are a few of my observations: Read more
In honor of International Women’s Day (March 8th), it seemed appropriate to write about how women can become more financially empowered. For various reasons, including longer life expectancies, women are more likely than men to be on their own at least once during their life. Yet many women aren’t comfortable managing their personal finances and often defer to the men in their lives to do it for them. Read more
The beginning of the new year is a perfect time to do some financial housekeeping. Over 44% of Americans set new year’s resolutions and financial goals are among the most popular. Here are some timely ones given events over the past year: Read more