No Pain, No Gain??

Another quick edition today, as the message is a cautionary one.

The rate of inflation has continued to increase recently. The Wall Street Journal quotes the nationwide inflation rate now at 7.9%. Most clients and friends with whom I speak say they feel little pain and that all they notice about inflation so far is the rising cost of gas and higher grocery store bills. How much longer will inflation continue “not to matter”? What if the US Federal Reserve gets impatient and starts raising rates more aggressively?

The jury is still out regarding how the US Fed will fight inflation today.

Continue reading “No Pain, No Gain??”

A Little More on Caring For Mom (or Dad)

A short one today, and “Semper Fi” to a very special group of friends.

Last week’s edition of TGIF 2 Minutes titled, “Alexa, Remind Mom to…” led to a number of real-life responses and more resources regarding finding care for a parent or loved one. So here goes:

  • Good morning. FYI, I had a terrible experience with “A Place for Mom.” It was an aggressive marketing machine and I felt like I was buying a time share.

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Alexa, Remind Mom to…

Thanks to a couple of smart and very caring friends of mine for today’s quick post. Everyone with a mother, mother-in-law (MIL) or even a grandmother will want to read on.

We cannot ever have enough resources when a parent or grandparent needs care or help getting around. Women tend to live longer than men, so Mom and Grandma are the ones who need the most help in their later years. Family members provide the highest percentage of help but often get in over their heads. The next step becomes researching in-home care giving – which has become exorbitantly expensive while still necessary.

Planning for care ­– and the cost of care – now will make it more manageable down the line.

Continue reading “Alexa, Remind Mom to…”

It Takes More Than Financial Goals

As the country and our world emerge from the battering of the pandemic, the Russian aggression in the Ukraine has now added a different, far-away, uncontrollable stress on our minds. Not to mention the markets’ reaction and inflation, although markets naturally experience up & down cycles. In light of all this, one of my best – and as it turns out most insightful – clients sounded in on the following:

  • Now more than ever, our health and survival in the short- and long-term depend on Self-Care. (I would add that self-care includes having personal finances somewhere near “in order”.)
  • Realize, though, the financial stability part can only come about after the self-care part is addressed.

Before deleting this message, please read on… to Part One of this edition of TGIF 2 Minutes.

Now more than ever, our health and survival in the short- and long-term depend on Self-Care, including having personal finances somewhere near “in order.”

Continue reading “It Takes More Than Financial Goals”

IMPORTANT Cyber-Security Message

In light of the recent Russian aggression in Ukraine and surrounding areas, here is a quick and important message regarding vigilance around security of personal information, including:

  • Bank accounts – including in-person, online, PayPal, Venmo, etc.
  • Credit card accounts
  • Email & Texts
  • Tax time information
  • Social media
  • Even Crypto accounts!

It should not come as a surprise to read or hear this message. Hopefully, the major news outlets are broadcasting this warning as well:

The SEC has sent notices that the Department of Homeland Security’s Cybersecurity & Infrastructure Security Agency (CISA) issued a “Shields Up” notification.

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