Blog

“For it is in giving that we receive.”  ~Saint Francis of Assisi

The coronavirus pandemic has made 2020 a year marked with uncertainty and change. Taxes are no exception. As the federal government sought to protect people's financial welfare during the COVID-19 economic shutdowns, it added new tax laws and changed others.

Recently, I was talking to a client about the importance of tipping at restaurants, since wait staff and servers work so hard for the small amount of money they earn. She responded by telling me that she had realized that too, and now gave 20% times 2 as a tip. 40%! Wow, I was really impressed with her generosity!

If you’re in the midst of a divorce, be careful in choosing the people you consult for financial advice.  While everyone has good intentions when giving financial advice, assembling a team of experienced professionals can help you make a smoother transition, financially and emotionally.

Election 2020 may be one of the nastier elections in our history, although it isn’t unprecedented. Students of American history are aware that we have had plenty of nasty times in our political past.

An important part of our work with our Healy Financial clients is helping them connect their money with their values. A saying we often use is: “After all, money is just us in foldable form. Maybe we can talk about how money allows us the opportunity to impact people.”

Who could have imagined that the spring of this new decade would challenge us to reconfigure our lives so dramatically? Everything has flipped upside down and we are working within a foreign framework. New rules for almost everything we do in our daily lives.

Amidst recent market volatility, it’s tempting to make emotional investment decisions, but it is good to remember that a disciplined approach is essential to investing.

No matter what type of crisis creates a sharp downturn in the market, trying to time stock and bond trades rarely results in a better outcome for investors.

Summer is here, and so is home-purchasing season. Just this week I had two families reach out to me to walk through questions they had about purchasing their first home. They wanted to make sure they were thinking about things the right way and not making any common mistakes that a lot of people make when they purchase their first home.

Many of my clients ask me if they have enough life insurance or how much they should have; not as many ask about disability insurance. However, when you need either, it’s a tremendous comfort to have enough that you or your survivors don’t have to worry or make big changes to your lifestyles.