As the fall semester of college draws near, excitement for this new chapter is building for first-time college students everywhere. It is also an important time to address some financial aspects to ensure a smooth transition. Whether you are a parent or a student, out-of-pocket college expenses (in excess of the published “Cost of Attendance” on [...]
The US once again finds itself in an election year. Already, the air is thick with speculation and debate. Amidst the fervor, investors often find themselves wondering: should they adjust their portfolios based on election outcomes? The short answer is no. Historical data and market behavior suggest that while elections and politics capture public attention, [...]
Recently news broke that State Farm, the largest property insurer in California, plans to non-renew 72,000 home and apartment policies by this summer. Some ZIP codes have up to 70% of policies being non-renewed, with notifications going out over the next few months. Click here to see if your ZIP code is impacted. Your State [...]
April is Financial Literacy Month, a time to focus on understanding money matters such as saving, investing, budgeting, income, interest rates, and spending habits. Despite being the wealthiest nation globally, the United States ranks 14th in financial literacy. Only 57% of American adults possess financial literacy, costing them an average of $1,819 annually due to [...]
Ensuring your personal estate planning documents are meticulously organized and up to date is a critical component of responsible financial planning. Beyond the practicality of asset distribution, these documents play a pivotal role in alleviating stress and uncertainty for your loved ones during what can be a very challenging time. By proactively addressing key aspects of [...]
A recent pet emergency that cost Tanya $9,000 caused us to revisit the topic of pet insurance. As devoted companions, pets bring immeasurable joy and love into our lives. Ensuring their well-being involves not only affectionate care but also thoughtful consideration of their health needs. The average annual cost of dog ownership is $1,270 to [...]
2023 has been another successful year for Redwood Grove Wealth Management (RGWM). As the new year begins, we’d like to extend our gratitude to our clients, family, and friends for their ongoing trust and support. We consider ourselves fortunate to engage in fulfilling work with clients who are a pleasure to work with. Wrapping up [...]
RGWM is pleased to announce that it recently passed recertification as a B Corp. The firm first became a B Corp in 2019 and is subject to recertification every three years. Our score improved from 81.9 in 2019 to 105.9. RGWM’s score was achieved by answering 186 questions related to Governance, Community, Workers, Environment and [...]
Fall is open enrollment time at most companies. Employees are confronted with many choices that hold sway over their health, finances, and overall well-being. This time allows employees to assess new benefit options while considering whether their current selections align with their evolving life circumstances. Since employees typically have only one chance a year to [...]
With frustrating regularity, the two largest political parties have again been haggling over a debt ceiling increase. In the hyper-polarized environment we find ourselves in, politicians are again using this routine financial maneuver to extort concessions from the other party in exchange for agreeing to raise the debt limit. While it might seem like disaster is approaching, we’ve been here [...]
