Teach Your Children Well

Many people make charitable contributions at the end of the year for tax purposes, and many simply want to do good. Which of these people are you encouraging your children to become? The incentive-based, quid pro quo motivations for charity are ideally suited for...

Tips For Holiday Tipping

While you may not feel the need to tip everyone wearing a reindeer hat and gesturing towards a tip jar with a cute saying on it, remembering the people who work in your home during the holidays is the right thing to do. Whether someone is helping you with your medical...

Positive Examples Of Powerful Women

One of the common threads I see across every segment of society is the dilemma of the less-monied spouse. That means one spouse, usually the woman, is dependent on her husband for basic needs like food and shelter. What’s worse, she often lacks the resources to move...

Start Your Taxes Now And Be Done In January

The days are getting shorter as your accountant savors the last few months of peace before the End-of-Year rush revs into gear. You like your accountant, why not make his or her job easier? I’ve put together a list of some of the things you should be thinking about...

Your Miles and Incentives Are Not Taxed…Technically

Not only can they be used for flights or upgrades, they are increasingly being used as negotiating tools. But are they really worth all the trouble? People often ask me if frequent flyer miles are taxable, and the answer is no. According to the IRS, it “…has not...

Are We Losing Our Wallets?

Not because they are disorganized or absented-minded, they don’t want wallets. According to one study, 48% of millennials prefer to use either debit or credit cards instead of cash. In the general population the same trend is emerging: 64% use cash only once in a...

The Ups-And-Downs Of Reverse Mortgages

As soon as we sat down, the first thing he asked me was whether or not I was interested in a reverse mortgage. I declined, and about a week later I met another mortgage broker and that was the first thing he asked me. There are some positives to reverse mortgages. ...

Elder Abuse With A Smile

Protecting seniors against Elder Abuse is one of my most important duties as a Financial Concierge. Just this week I got to the bottom of another story of financial abuse, performed in a very subtle manner. However, there were warning signs all along the way, so I...