As we embark on a new year, there's no better time to take control of your financial future by thoroughly reviewing your cash flow. If having a vision and establishing goals is the touchstone for a financial plan, this essential financial practice sets the foundation for achieving your goals and ensuring long-term financial stability.
Anyone who has gone through a divorce knows how emotionally challenging and financially complex it can be. While attorneys handle the legal aspects, a Certified Divorce Financial Analyst® focuses specifically on the financial implications of divorce. This specialized designation equips professionals with the expertise to guide clients through the intricate financial aspects of divorce proceedings, ensuring better outcomes for their financial future.
Anna Marie Mock, a fee-only certified financial planner at Highland Financial Advisors, discusses the dynamic interplay between art and science in financial planning. Drawing inspiration from Leonardo da Vinci's philosophy that "everything connects to everything else," she emphasizes that financial planning is an art involving subjective goal-setting and a science-driven by objective analysis tools. In this video, Anna explains how the scientific method can be applied to financial planning, using equity compensation as a concrete example.
What are your thoughts, feelings, and beliefs about money? What about your partner, and do they differ from your own? Sometimes, the conflict we experience around money in our personal lives can be attributed to incongruent money scripts with those with whom we share finances. Let’s dive into the term money script and how understanding it can help us achieve our financial goals.
If you're enrolled in the federal SAVE (Saving on a Valuable Education) student loan plan, significant changes have occurred, and more are coming. As of August 1, 2025, interest again accrues on federal loans held under the SAVE plan, marking a significant shift from the previous 0% interest period many borrowers have relied on since the pandemic.
Student loan payments resumed on October 1st after over three years of forbearance. More than 30 million people are returning with existing loans, and 13 million new borrowers and recent graduates are entering the system for the first time since the Covid-related forbearance. Regardless of whether everything is appropriately structured for the first federal loan payment, you should still review your student loans to ensure everything is in order and understand your new payment.
U.S. college tuition costs have skyrocketed over the last few decades, leading to an unprecedented number of students needing to finance the burden through student loans. As of August 2022, student loan borrowers owed a collective nearly $1,750,000,000,000 in federal and private student loan debt, with the average borrower owing $28,950.
