As engaged couples get caught up in the excitement of upcoming wedding bells, financial topics may not rank as high on the to-do list as planning the reception, ceremony and honeymoon. But it should. Having some dialogue about budgets, savings strategies and insurance policies before walking down the aisle will help to promote the “happily ever after” couples are hoping for.
Read MoreWhen it comes to Your Money, Your Future, some of the best money advice is the most simple.
Three top financial advisors shared the strategies consumers and investors must employ right now in order to improve their financial future—from contributing toward retirement and putting emergency savings on autopilot to creating a financial diary of long-term goals.
Read MoreJanuary is “divorce month.” Yes, that’s right. There is roughly a one-third increase in divorce filings in January. The reason for this large uptick in uncouplings might just be because spouses try to keep the marriage together through the holiday season, then move forward with their long-planned divorce once the kids are back to school and the New Year’s resolutions are set.
Read MoreIf you’re ever hidden a purchase from your spouse, you’re not alone.
One in five Americans have spent $500 or more on a purchase without their partner’s knowledge, according to a CreditCards.com report released Wednesday. And, bucking the widespread perception, men are much more likely to have done so than their wives. Twenty-six percent of men have spent more than $500 without notifying their significant other versus just 14 percent of women.
Read MoreOctober 10, 2014
“‘I was interviewing a number of financial advisors, many from larger companies, but I wasn’t finding anyone that I was connecting with,’ Craine said. Then a friend referred her to certified financial planner Stacy Francis, president and CEO of Francis Financial. Everything finally clicked.”
Read MoreSeptember 25, 2014
“‘At that point, you have a long time ahead of you until you need [the money],’ said certified financial planner Avani Ramnani, director of financial planning and investment management at Francis Financial. ‘You can deal with the ups and downs of the stock market and have time to recover from the downs,..'”
Read MoreSeptember 15, 2014
“‘My … advice to anyone in that situation is yes, you have to meet the needs of your parents and your children, but do not neglect yourself,’ said Ramnani, director of financial planning and investment management for Francis Financial.”
Read MoreAugust 20, 2014
“The dominoes are stacked up against women,” said Stacy Francis, CEO of Francis Financial and a certified financial planner specializing in divorce. “At some point in their lives, most women are going to end up having to deal with their finances,” Francis said.
Read MoreAired on July 3, 2014
With the Dow at 17,000, two financial advisors offer investing tips for people ages 20 to 50. Avani Ramnani said, “As far as what the market is doing right now, really, you have to focus on the long term, especially for a 20-year-old. You’re not going to use this money, hopefully, for the next 35 to 40 years.”
Read More