Student loan forgiveness has been floating around congress and the headlines for the past few decades. Until 2020, it seemed like empty promises, but since Covid-19, the student loan forgiveness train has started gaining traction. It began with pausing student loan payments and granting 0% interest rates for the past 30 months, which has saved borrowers billions of dollars on its own. And now, the Biden Administration is pushing to forgive $10,000 to $20,000 of student loans.
Category: Financial Advisor
Quarter in Charts – Q3 2022
Over the last few weeks, I kept the kids up far past their bedtimes to witness Aaron Judge break the American League single-season home run record. While we had to sit through a whole lot of walks, we eventually got to witness a once-in-a-lifetime event that we’ll tell some grandkids about. Sadly, this year, investors have also witnessed an investment market for the record books. Through the charts below (and a recounting of my real-world experience with our 15-year-old new driver) we’ll examine the year so far, talk through viewing investments through the “windshield” of a financial plan, and see how investors have typically fared better than average coming out of historic times like these.
I Bonds Are Paying 9.62%, What’s The Catch?
The US Government introduced Series I Bonds (the “i” is for inflation protection) in 1998 as a way for individuals to protect their savings and keep up with inflation. Until recently, most investors didn’t have much incentive to pay attention to I Bonds. They are cumbersome to purchase, limited in denomination, and have certain restrictions.
Quarter in Charts – Q2 2022
“The Circumstances” So far this year, investors have experienced a dramatic increase in interest rates and sustained high inflation, coupled with a decrease in both stock and bond prices not seen in half a century. All of this while the US continued to add jobs and public companies increased profits at a steady pace. Below
Q1 2022 Quarter in Charts
We just completed Science Fair season in our house – whew! Finley (age 12) tested different ratios of Corn Syrup to Sugar to determine the optimal recipe for homemade marshmallows (I take all the credit for the title: “Who Wants S’more Marshmallows?”) Going into the project, she had no idea which recipe would make the
Retirement Planning Challenges and The Single Woman
My focus here is on retirement planning for the Single Woman because when she steps up to the plate looking for advice, she already faces two strikes: her financial plan has to cover more years than a man’s, and she has likely earned less and been able to save less than her male counterparts.
Quarter in Charts – Q3 2021
According to NPR’s Rob Elving “The Basics” explainer on the Debt Ceiling, congress will likely raise our nation’s imaginary borrowing “line in the sand” for nearly the hundredth time since 1917.
Quarter in Charts – Q2 2021
As we close out the first half of the year, significant headlines continue to surround the Pandemic. Concern has shifted to the impact on the labor market, inflation, interest rates, and housing.
How Much Car Can You Afford?
We will solve this problem using a sliding scale. Our scale will range from 10% to 30% of our annual pre-tax income.
How President Biden’s New Tax Plan Could Affect You
Much of Biden’s tax plan focuses on raising taxes for high earners, corporations, and capital gains.
