If you’re approaching retirement, you’re probably focused on one big question: Do I have enough saved? But once retirement begins, a different challenge takes over. You need to learn how to effectively manage your money on a monthly basis without a paycheck coming in. With proper budgeting in retirement, you can reduce your chances of […]
Author: lewis-knopf
How a Prenuptial or Postnuptial Agreement Can Make Your Marriage Stronger
Valentine’s Day reminds us to celebrate our relationships, and prenuptial and postnuptial agreements can be part of that. Many people assume these agreements are about mistrust or preparing for divorce. In reality, they enable couples to discuss and find solutions to financial issues before they become a problem and ruin a marriage. Going through the […]
Sibling Disputes Over Caregiving
Caregiving can bring some families together but drive other ones apart. Unfortunately, sibling disputes are common even when everyone has the best of intentions. The emotional, physical, and financial strain of caring for a parent and watching them struggle, combined with pre-existing family dynamics, can often lead to conflicts and misunderstandings. But many families can […]
Talking to Your Adult Children About Your Finances
Talking to your adult children about your finances is one of the most thoughtful things you can do. It helps avoid confusion later, ensures your wishes are respected, and gives everyone peace of mind.
Holiday Budgeting for Needs, Wants, and Everything in Between
As the holidays approach, even the most financially disciplined families can go off track with their spending. The cost of gifts, decorations, travel, and entertainment adds up quickly, and it’s easy to justify it as part of the season of giving until you get the bill in January. If you’re worried about your finances, cutting […]
How to Improve Your Credit Score
Your credit score affects loans, credit cards, jobs, leases, interest rates and insurance premiums. So, how can you improve your credit score?
How to Handle Your Finances When One of You Earns (or Owes) a Lot More Money
Dealing with money issues can be challenging for any couple, but it can be especially difficult when there is a sizable financial disparity between you and your partner or spouse. If one of you has significantly more income, assets, debt, or expenses, it can strain even the healthiest relationship if not addressed with care, honesty, […]
A Post-Divorce Checklist for Your New Life
Finalizing a divorce may bring closure to one chapter of your life, but before you can move forward, you should go through a post-divorce checklist.
Is Lifestyle Creep Jeopardizing Your Finances?
Did you get a raise, but you’re not saving more money? Is your spending increasing along with your salary? If so, the reason may be lifestyle creep (or lifestyle inflation), a common scenario where your discretionary expenses go up as your income rises. It happens gradually, without you realizing how much more money you’re paying […]
Life After Caregiving Ends
In my personal and professional life, I’ve witnessed many caregivers struggle with life after caregiving and have experienced it myself. After months or years spent devoted to a loved one, the individual passes away, leaving the caregiver with a new set of emotions and challenges. If you’re in this position, there are steps you can […]
