The federal government has already poured $3T into the economy to soften the economic pain caused by the coronavirus. It is currently debating sending another $1T to $3T into the economy to deal with the prolonged nature of the downturn. You might be worrying about the impacts on current and future generations of this high level of spending. After all, [...]
On Friday, March 27th Congress and the President signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, an unprecedented stimulus package worth $2T to address the economic impacts of COVID-19. Here are some of the aspects of the plan that might impact you. […]
Almost every day there is an article in the news about financial fraud. Much of it impacts seniors, like a recent scam involving fraudsters posing as social security representatives. However, we are all at risk, especially if we believe we are too young, too smart and too vigilant to fall for a scam. Sadly, the scam [...]
As part of our certification process as a B Corp last year, Redwood Grove Wealth Management made a commitment to donating one percent of our revenue to charity each year. Historically, we have supported a variety of non-profits focused on causes related to financial literacy and the environment. However, we recently learned about an organization called [...]
I’m currently taking a class on college planning, so this topic is top of mind. Additionally, the fall is the time high school seniors apply for colleges and financial aid. As such, it seems a good time to remind people of the various types of deadlines to stay on top of this time of year. […]
In light of yet another data breach this week (of CapitalOne in case you missed it), it seems a good time to review cyber safety. A client recently brought to my attention a type of identity theft that I had not heard of before. It involves a thief stealing your cell phone number and porting it over to a new [...]
I recently saw James Clear, the best-selling author of Atomic Habits, speak at a conference. The premise of his talk and book is that by making small incremental improvements, we can make big changes in our lives. He offers a well-structured system for getting 1% better every day by improving our daily habits. It occurred to me that his system [...]
With summer just around the corner, many people are in the midst of booking their summer travel plans. If your plans will take you overseas this summer, consider these tips to reduce the financial cost of the trip. […]
Going to college is a rite of passage for many Americans. For many young adults, it’s the first time they live away from their families and take responsibility for their lives. Due to years of above-average price inflation, college has gotten to the point of being unaffordable for many or at least a significant financial commitment. And now we’ve learned [...]
Mindfulness is all the rage in corporate America these days. It is estimated that almost 30% of Fortune 500 companies have a mindfulness program at work. The practice of mindfulness also has implications for your financial life. […]
