Part One: Savings & Debt Similar to that saying about the weather, it seems everyone has been talking about the likelihood of rising interest rates, but nobody seems to be doing anything about it. Are interest rates going to go up soon? When? How much? These questions pale in comparison to what most investors really want to know: How will rising rates affect me (and can I do anything about it)? If...

As my niece Jessica and many of her peers get up and running in their new careers, they face one more important financial challenge. In school, there are the three Rs: Reading, Writing and Arithmetic. Post-graduation, most young adults must manage one or more of the three Cs: College loans, car payments and credit cards. This can get in the way of your otherwise-solid head start on saving and investing...

When my niece Jessica arrived home recently from her first day in her first career as a journalist, she brought a bounteous stack of “homework” along with her. Nope, this wasn’t her first writing assignment. It was the enrollment forms for a variety of employee-sponsored insurance plans. Let’s review some of the advice I offered her on how to make the most of the benefits now available to her. HEALTH INSURANCE: Resources:...

I’m so proud of my niece Jessica Iannetta.  She graduated from Syracuse University’s S. I. Newhouse School of Public Communications in May 2015 with degrees in newspaper and online journalism, and political science. She is now working as a reporter and photographer at the Cecil Whig, a newspaper in Elkton, Maryland.  Today I helped her enroll in her company’s benefits plans, which got me thinking that some of my advice to her...

This blog post was authored by Mike Iannetta.  Mike is Sheri’s nephew and will be attending Fordham University next year to study finance. He recently completed an internship at SAGEbroadview. I have always been a spender and the guy who does stupid things (for lack of a better term) that cost money. That big graduation check I just got? Signed the whole thing over to my parents to pay for the...

Long-time readers of the SAGEbroadview Blog are already familiar with my story but permit me a moment to fill in our new readers. On May 4th, 2008 (just as the Great Recession got under way!) my family and I were in a serious car accident. My husband and two sons were banged up but otherwise fine; I had multiple abrasions and contusions and my neck was fractured in two places....

Raise your hand if you’ve had multiple careers. Or does yours more closely resemble Alfred Feld’s? He joined Goldman Sachs in 1933 and remained there for 80 YEARS(!), until he passed away at age 98 last fall. Whenever he was asked about his longevity, he is reported to have replied, “I’m just lucky.” While all of us at SAGEbroadview come to financial life planning via more circuitous routes, we have...

In our last post, we covered an important part of philanthropy: ensuring that your gifts bring joy to you and your intended recipients in equal measure. Meaningful giving is an admittedly qualitative, “Venus” measure of success. Today, we’ll visit “Mars,” where we explore some of the more quantitative components of your philanthropic plans: Effective Giving – How do you assess potential charitable organizations you’ve identified to ensure they will make good...

Earlier this year, we covered how charitable giving can be a win-win activity, bringing as much happiness to the donor as to the recipient. We believe this is true whether you’re giving gifts to loved ones or fulfilling philanthropic goals. But especially for the latter, the giving is best done intentionally as part of your greater financial life planning: Meaningful Giving – First and foremost, does the giving bring you joy? Effective...

Warren Buffett has admitted to it, as has his business partner Charlie Munger. Others reportedly under the influence include presidents Obama and Clinton; Madonna; Jay Leno and Conan O’Brien; and, of course, Oprah.[1] I too am hooked. We can’t help ourselves. We can’t stop reading. Thankfully, there is plenty of evidence that the more you read, the better you get. (If only chocolate worked that way too!) In his Farnam Street...