With the cost of a college education continuing to rise, it is becoming much more important for one to have a college plan. If one has a toddler and discretionary income, saving for college is the way to go. With time on your side, a systematic investment plan over time can do wonders in helping fund a college education.
Many of you know of the program I oversee and help run through Dana Farber Cancer Institute. It is a pro bono financial coaching program for patients that are struggling financially due to the complexities a cancer diagnosis can bring to a family.
I was personally helping such a family when bad turned to worse.
As a Certified Financial Planner™ practitioner, the words "8% and guaranteed" would generally never be spoken in the same sentence.
I have heard ads in the past touting these types of high returns. However, upon further investigation, there were many pitfalls and caveats attached or just plain wasn't true.
Most of you have probably not heard the term "Financial Toxicity". It's a term used to describe the financial issues one can face related to medical care. However, it goes further as there are many costs associated with treatment such as meals out, parking, and even housing costs while away getting treatment.
Most of our blogs deal with topics related to finance. Since we really care about the overall well-being of our clients here at FPS, we sometimes veer off in a more health related direction. Hey, if you are financially secure that is great but if you are too stressed to enjoy life what good is that? This is one reason you will find our weekly newsletter unlike any other newsle