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"Today, college tuition has increased drastically, 70% since 2000, and a lot of parents are considering tuition insurance. That's why we’re trying to spread the message. If your child has to drop out, due to illness or injury, the insurance will kick in and pay back your tuition up to a certain amount."
"I have $30K that I'm saving to put towards a down payment on a house. Even though it will be about another 2 years until I'm ready, I don't know where I should keep the money in the meantime? I do want it to be liquid in about 18 months to 2 years from now. What do you think?"
"I always tell people, especially young adults, “Whatever you post on social media, imagine that it'd end up on a giant billboard on Time Square. If you don’t want it to end up there don't post it.” If you govern yourself that way, you won’t have content that could possibly damage you in anyway."
"myRA was designed to be a simple way for individuals to start saving for the first time. So the government created a Roth IRA that has no fees, no minimum balance requirements, and offers a single, safe principle protected investment option for those individuals who are saving for the first time, to build up a balance."
"My sister and I bought a condo together. When I got married, she moved out and my husband moved in and started contributing to the mortgage when she stopped. We want to calculate our equity shares fairly amongst all of us. How do we do this exactly? Is there a formula?"
"The problem with the one time financial planner is that there’s no incentive for the client to actually get things done. There’s nobody holding them accountable. So I give my clients an accountability checklist and prioritize a list and I work with them...My clients get a financial planner and an accountability coach."
"There’s nothing wrong with passion. You’ve got to have passion but I think where passion falls short is that passion is self-serving. But when we start talking about purpose, that's where it gets multidimensional. This is where we start to talk about service and impacting others."
"I was recently offered an opportunity to get rid of some of my student loans through a program. I have $12K in student loans and they've offered to reduce them to a little under $4K. But, they say they'll charge anywhere from $500 to $1,400 to fill out paperwork. Will this ultimately affect my credit?"
"It’s the right time culturally and economically for women to really stand up and say it’s time for me to have my own money. Don't just be in charge of the family finances and the budgeting but also be empowered to build up that nest egg."
