Understanding Your Net Worth

Understanding Your Net Worth

Do you know what your net worth is? Think of it as a financial report card. It’s something that you need to evaluate so you can figure out what you need to do in order to reach your financial goals.  Net Worth = Assets – Liabilities Your assets are...
Buying Your First Home

Buying Your First Home

Buying your first home can be a very daunting experience. It’s most likely the biggest financial decision you’re ever going to make. So, here are a few things that you need to do before you start shopping around. Take stock of your financial situation....
Facebook’s New, Social Money

Facebook’s New, Social Money

Last month, Facebook announced that it was getting into the cryptocurrency business with a new product called Libra. Libra is different from Bitcoin and other cryptocurrencies in several ways: The Libra currency is bought directly by the consumer with regular money,...
Should I close out my excess credit cards?

Should I close out my excess credit cards?

People ask me all the time, “Should I close my credit cards? I have too many.” Some of the reasons include: They facilitate excessive spending  They’re simply not being used The potential for identity theft  High interest rates  High balances  What many...
There Are Risks to Being a Mensch

There Are Risks to Being a Mensch

If you’re going to lend somebody money, consider it a gift. If they pay you back, that’s great, but you should never expect to be paid back. – My Dad, Sidney Heft We’ve all been there: a family member calls in the middle of a Netflix binge and wants...
Passing the Torch of Financial Literacy

Passing the Torch of Financial Literacy

Eww, money. No one wants to talk about it. But how else are kids going to learn about it? I’m not saying parents should be sharing the bills with the kids every month.  And kids should never think they are broke.  But it’s certainly not a bad idea to instill the...
Travelin’ Cheap

Travelin’ Cheap

As you know, your kids are ticking time bombs who must be entertained. You sort of devote your whole life to it. Somewhere in the daily blitz of media, the idea of a resort somewhere with kids’ activities and daycare got planted like a seed in your brain garden....
What financial decision would you have made differently?

What financial decision would you have made differently?

I recently joined a Facebook group called Her Money by Jean Chatzky. Once I settled in, I asked the group my favorite question: What financial decision would you have made differently if you knew then what you know now? I got 31 comments — and the majority of them...
Judith Heft & Associates Celebrates 23 Years!

Judith Heft & Associates Celebrates 23 Years!

Judith Heft & Associates is celebrating 23 years of business, and I think that’s something to shout out loud about! I was literally born to be an entrepreneur. My mom was my role model because she had started a business on her own, without any experience....