Author - Claire Emory, MBA, CFA, CFP®

1
Financial Infidelity Breaks Hearts and Budgets
2
Debt and Your Dating Life
3
Women: Is It a Mistake to Apply for Social Security at 62?
4
Will Millennials Be More Likely than Boomers to Leave a Financial Legacy?
5
Build Your Financial Planning Resolve

Financial Infidelity Breaks Hearts and Budgets

In “The gift you don’t want for Valentine’s Day,”  CNBC discusses financial infidelity. The article opens with a story about how a spouse ended up revealing the credit card debt he had hidden from his wife during a session with a financial advisor.

 

The article offers things to look out for but it is not an exhaustive list and noticing one thing does not mean that you should assume the worst.

Hidden information:

If you used to get financial statements in the mail but they stop arriving, look into what happened to these statements. …

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Debt and Your Dating Life

Would you stop dating someone because of their debt?

Washington Post finance columnist Michelle Singletary admits that while she ‘loathes’  debt, she also would not judge someone based on debt alone. While you do not want someone to take advantage of you or lose out on a good relationship, you also do not want to ignore it if your honey owes a lot of people money.  She offers tips on what to look for in “Is debt a deal breaker when dating? Four signs that it is.”  And before you quiz someone you are dating, you might …

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Women: Is It a Mistake to Apply for Social Security at 62?

mistakes women make concerning Social Security makes it seem as if applying for benefits as soon as you are eligible at 62 is an error. No matter what advice you read here or elsewhere, when it it comes to Social Security benefits, the important thing is to know what some of your options are. You don’t have to automatically apply at the age of 62; you also don’t have to wait until you are 70 or beyond because you’ll get more. You need to figure out what will work best for you in your particular situation. Consulting with a Fee-Only Read More

Will Millennials Be More Likely than Boomers to Leave a Financial Legacy?

In ” Leave a Financial Legacy? Boomers and Millennials Slug It Out,” a Boomer writing for Money magazine examined statistics that seem to show that Millennials are not as selfish as news reports would have you believe:

Baby Boomers like to point out that our famously self-absorbed generation advocated for many good causes as youngsters and turned the corner to greater giving in retirement. Much of it is true. But younger generations are way ahead of us, new research suggests Boomers are the least likely generation to say it is important to leave a financial legacy—even though they

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Build Your Financial Planning Resolve

Resolutions can be useful but you would to much better to build your financial planning resolve with new money management habits. The Motley Fool offers advice to help, however you may not want to tackle all of these things at once, lest you become overwhelmed. A Fee-Only financial planner cannot do all the work of straightening out your finances but working with one can help you prioritize what areas of your financial live you need to tackle first.  General financial advice can be useful but you may still need help with prioritizing and planning.

Some of us need to get

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