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Back to School for Who?

Back to School for Who?

The calendar changed to August, and if 2020 were a typical year, then back to school surge would be about to begin.  In many locals, it already has the option for in-class or online classes.  It is a valid al la carte’ choice that each family has made.

Yet, despite this ongoing pandemic, there is a back to school that might just be missing in your life.

In your professional career, the answer can be as short as a month, and as long as a year.

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Communication is Not Like Bathing Your Cat

Communication is Not Like Bathing Your Cat

Many among us are now out of work and it is going to have an impact on you, me and our community.

The Labor Department reported Thursday that another 6.6 million people submitted applications for unemployment benefits in the week ended April 4. That is on top of a revised 6.9 million in the prior week, a record, and 3.3 million the week before. States overwhelmed by the volume are still working to process backlogs, suggesting the total could be even bigger.

There’s a reason the flight attendants instruct you to put on your oxygen mask before assisting others! If you truly want to help your family and your friends navigate in this current craziness, you first need to get yourself grounded and together before assisting others.

Virtual communication today can be like trying to bath a cat.  Everyone is frustrated and it looks like a duel to the death.   Yet, communication is more important now than ever.

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Will I get a Stimulus Check?

Will I get a Stimulus Check?

The top question of the week is will I get a stimulus check.  Using Family Feud as our style of answering the top answer is:

  1. MAYBE

Here are the answers you need to know

How much are the checks?

Individuals earning a gross adjusted income up to $75,000 a year will be eligible to receive a $1,200 check. From there, the checks will be reduced by $5 for every $100 in income north of $75,000. They phase out completely if you earn $99,000 or more.

Married couples earning a gross adjusted income up to $150,000 will receive $2,400. Checks phase out completely at $198,000 for couples. Heads of household will receive $1,200 if they earn up to $112,500, phasing out completely at $136,500. Additionally, heads of households and married couples will receive $500 per child under 17.

Who Qualifies?

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I make $100,000 and I am broke

I make $100,000 and I am broke

I have been practicing financial planning and tax planning for 3 decades.  Today, there is a disease spreading like a flu outbreak at your local elementary school.  I call the disease the “$100K and broke”.  These people are college educated, with full-time jobs at companies that provide excellent benefits, Most are not contributing anything at all to their retirement and savings.  How are they living from paycheck to paycheck and getting behind financially while making so much money?

I was reminded of this Aesop’s fable this week at Toastmasters.  Kimberly Hardman presented a speech about The Grasshopper and the Ants.  As I listened, I could not but think of the $100K and broke today as they live paycheck to paycheck.

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Your Five Best Money Moves for Open Enrollment

Your Five Best Money Moves for Open Enrollment

Fall is The State Fair of Texas, College Football, Oversized High School Mums and Halloween.  It is also the time of year where most companies begin to offer open enrollment for your benefits.

Benefits are complex and the pressure to make the right decision for you and possibly your family increases each day you wait.  It is important that you learn how to make your best money moves during your open enrollment.

Your Five Best Money Moves for Open Enrollment

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