Cash Flow Is King

March 1, 2014

There is an old saying that “Cash is King”.  Its origins are unclear, but it has been widely used in reference to the tendency of companies and households to hold excess cash in times of uncertainty or distress to preserve flexibility.

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How to Structure Allowance for Your Kids

February 1, 2014

I recently responded to a post on my local mothers’ club blog on the topic of allowance and decided others might have similar questions. The original post was from a mom of a 7-year old who wanted to start an allowance, but was uncertain of the parameters to put on it.

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Where Should I Put My Child’s Savings?

January 1, 2014

A friend of mine recently asked me about what type of account to put her kids’ savings into. I thought others might be interested in the topic, too. There are a variety of different types of accounts available with different levels of parental control and implications on college financial aid

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The Key to Happiness

December 1, 2013

Perhaps it is the time of year, with Thanksgiving and the holidays upon us, but I tend to reflect more about what I am grateful for in my life. One of my favorite social researchers, Brené Brown, found in her research that there is a link between happiness and gratitude. She found that people who have a daily practice of gratitude are more joyful.

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What’s On Your Life List?

November 1, 2013

This is a great time of year to reflect on what’s important to you and what you’d like to accomplish in the New Year and beyond. I recently learned about Ted Leonis and his 101 List, a list of the 101 things he’d like to accomplish in his life.

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The Million Dollar Family: Cost of Raising Kids

September 1, 2013

Do you struggle with finances? Are you contemplating going back to work or seeking a pay raise to help pay the bills? Do you miss those pre-kids’ days with expendable income? I know a number of families in this situation.

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How to Choose the Best College Savings Account

August 1, 2013

After the lazy days of summer, the Fall is often a time of renewed focus on planning and project completion before year-end. To that end, if getting serious about saving for your kids’ college is one of your projects, there are several different account types to consider.

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The Cost of Private School in the Bay Area

June 1, 2013

Private schools are a wonderful part of our education system. Families choose to send their children to private schools for many reasons: lack of good public schools in their area, adherence to a particular educational or religious philosophy, better support for special needs children or a desire to replicate their educational background, as well as a belief that a particular private school might provide their child a superior educational experience.

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Teaching Kids the Difference Between Needs and Wants

May 1, 2013

There are many skills we need to teach our kids to be successful in life. Quite a few of them relate to money – how to create a budget, how to save for the future, delayed gratification, how to know the value of a dollar. One of the most important life skills that relates to money is how to distinguish between needs and wants.

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