Key takeaways Your mortgage isn’t the only cost— taxes, insurance, and maintenance can add up. Be prepared for ongoing expenses like property taxes and homeowners insurance. Set aside money each year for repairs and maintenance. Don’t forget about utilities, HOA fees, and upfront costs like closing fees. Budgeting for these expenses now can save you...Read More
Choosing a trusted tax advisor is one of the most important financial decisions you can make. With constantly changing tax laws, multiple income sources, and complex investments, the right tax professional can save you money, reduce stress, and help you plan for the future. A qualified tax advisor does more than prepare returns—they are your financial...Read More
Executive Summary Young physicians often enter the workforce with a high earnings potential, but also face a unique set of financial challenges. These include substantial student debt, delayed career earnings, and limited exposure to financial education during medical training. Without a solid financial foundation, physicians risk developing poor money habits, overpaying taxes, or missing wealth-building...Read More
Being offered a position as a 1099 independent contractor can be exciting but also overwhelming, especially when it comes to the actual mechanics of “being your own boss”. You can no longer be upset that health insurance benefits are horrible when you are ultimately in charge of choosing the policies, retirement benefits, and any other...Read More
As part of the SME Spotlight Series for MFC: We are pleased to present Shay Novak and Lendevity: Shay Novak President Shay Novak began his journey in the mortgage industry right out of college. He started out as an assistant to two loan officers, quickly learned the ins and outs of the industry, and got...Read More
Charitable giving comes in many forms, and is a question I often receive from clients throughout the year. There are different ways to approach the discussion, and the option chosen depends on the “why” – is it for tax benefits, to help a particular organization, or to create a legacy for future generations? All of...Read More
Hiring a financial advisor is hard, there are many niche terms like “fiduciary”, “best-interest”, “broker-dealer”,”fee-only,” and “advice-only”. While everyone seems to emphasize transparency and “client-first” approaches to planning, there are distinct differences amongst financial professionals that you, as a client, may not fully understand. How do you know which type of advisor is right for...Read More
The month of April not only marks the transition into the spring season, but it also represents special occasions such as Easter and April Fools Day. However, those who work in the financial services industry also recognize April as “Financial Literacy Month”. In 2004, Hawaii’s Senator Daniel Akaka submitted in the Senate (who agreed with...Read More
As part of the SME Spotlight Series for MFC: We are pleased to present Shay Novak and Lendevity: Shay Novak President Shay Novak began his journey in the mortgage industry right out of college. He started out as an assistant to two loan officers, quickly learned the ins and outs of the industry, and got...Read More
You blink and it’s almost over! Does anyone else feel that this year flew by quickly? We at My Financial Coach are excited about the upcoming festivities of the holiday season. There is of course one shopping day in particular that our financial coaches do like to keep a closer eye on. Yep, you guessed...Read More
