Archive for 'General Personal Finance' Category

Finance for Females

By Linda Leitz - Last updated: Wednesday, August 9, 2017

Laws have changed during our country’s history to have equal rights for women and men. It’s hard to believe that the right to have birth control became legal during the lifetime of baby boomers. The progress is great, but women still have financial challenges that differ from those for men. Women are still more often […]

Charitable Planning

By Linda Leitz - Last updated: Tuesday, July 25, 2017

Many people consider charitable donations as an important part of their regular budgets. These gifts to non-profits are sometimes very spontaneous, with a photo of a sad animal, neglected person, or inspiring social cause resulting in donations of various sizes. But some people approach their charitable giving every year with very specific intention and planning. […]

The Basics

By Linda Leitz - Last updated: Wednesday, June 21, 2017

There are some basics that will help anyone get started financially, or keep going in the right direction. The fundamentals outlined here are accredited to the Alliance of Comprehensive Planners. Save regularly. It’s a good idea to save at least 10% of your annual gross income. Gross income is your income before any deductions, including […]

529 Plans

By Linda Leitz - Last updated: Friday, June 2, 2017

If you want to contribute to the higher education of a loved one, a 529 plan might be worth considering.  It can be a way to put away money for this education goal with some good tax breaks. Money in a 529 plan can be withdrawn for qualified education expenses for the designated beneficiary from […]

Marital Spats in Retirement

By Linda Leitz - Last updated: Tuesday, May 9, 2017

Marriage is a financial partnership. When people are married during their working years, they each generally have their own job – whether that job is in the paid workforce or working in the home. It’s common for one spouse to make most of the money. Often the other spouse is either a secondary earner or […]

Marital Agreements

By Linda Leitz - Last updated: Thursday, April 20, 2017

If you are going to get married and you and/or your fiancé has some financial history, a marital agreement is worth exploring. The term pre-nuptial or pre-nup generally refers to an agreement where people getting married set out how they’ll handle issues – usually financial issues – in their marriage. Colorado is one state that […]

Financial Tips for Second Marriages

By Linda Leitz - Last updated: Tuesday, April 11, 2017

If you’re considering getting remarried, there are some financial issues to address. Whether your previous spouse predeceased you or you divorced, you’re probably bringing some assets and/or debts that predate your current relationship. You owe it to yourself and your new spouse to discuss your money situation together and agree on how to handle finances. […]

Financial Impacts of Addiction

By Linda Leitz - Last updated: Friday, March 17, 2017

The understanding of addiction as a health care crisis is growing in society. For purposes of this article, we’ll define addiction as a compulsion to use a habit forming chemical, such as alcohol, heroin, cocaine, meth, or prescription drugs, and drugs will be considered to include alcohol. In addition to the emotional trauma that addiction […]

New Retirement

By Linda Leitz - Last updated: Friday, February 17, 2017

The definition and expectations of a working life and retirement have shifted through the years. They continue to shift, both out of our changing desires and out of necessity. When the safety net of the Social Security system was introduced in the US, unreduced benefits were available at age 65, but life expectancy was only […]

What to do?

By Linda Leitz - Last updated: Tuesday, January 10, 2017

When there is a big world event – especially one that seems to have an impact on economic markets – many people wonder what they should do in response to protect their financial well being. The best time to protect yourself from a financial downturn isn’t when the downturn happens. It’s before it happens. If […]