Author: Sara Gelsheimer

5 Things to Know in Case You Outlive Your Spouse

While women certainly seem to be taking a greater role in making household financial decisions, men still make the majority of them. The unfortunate reality is that women are much more likely to become widowed. In fact, more than 60 percent of women between the ages of 75 and 84 are single or Read more…

If You Were to Fall Ill, Would Your Business Be Set Up for a Successful Transfer?

The business community has certainly felt the impact of the pandemic — so much so that the number of active business owners fell by 3.3 million between February and April 2020. That’s a 22% decline, the largest on record. Small businesses were hit the hardest, but nearly half have said they’re now Read more…

Saving for a Baby? Use These Tips to Take Sticker Shock Out of Your Pregnancy Budget

Babies: They’re sweet, they’re adorable, and they have the power to send you into major sticker shock. Read more…

How to Financially Prepare for a Divorce: 3 Assets You’ll Need to Split

Perhaps unsurprisingly, the number of married couples considering or actively seeking a divorce has skyrocketed during the COVID-19 pandemic. According to data collected by Legal Templates, the number of couples looking at divorce was 34% higher from March to June 2020 than in 2019. Another study Read more…

3 Icebreakers For Difficult Conversations With Your Parents About Money

How do you approach difficult conversations about money with your parents? A survey from GoBankingRates found that 73 percent of adults have not had in-depth conversations about money with their parents, which comes as no surprise. Read more…

Tying the Knot? Ask Your Partner These 4 Money-Related Questions

About 37% of Millennials believe their financial health is poor, according to a report from Business Insider. Throw another person into the mix — as is the case with a wedding — and the situation only becomes more complicated. Read more…

Saving Tips for Millennials: How to Create a Personal Financial Plan for the Future

For Millennials, financial obligations are more overwhelming than they were for both Generation X and Baby Boomers before them. This shouldn’t come as a surprise since this generation arguably has faced more economic uncertainty than any generation since those who lived during the Great Depression. Read more…

The Benefits of Being a Financial Advisor for Working Moms Craving a Rewarding Career

I always knew I wanted to help people in my career. That’s why I chose social work as my major in college. At first, the only reason I took a basic finance course on the side was for my own knowledge — I wanted to manage my money effectively after graduation. Read more…

Should You Stop Renting and Buy A House?

There are plenty of pros and cons of buying versus renting a home. For Millennials who dream of putting down roots in a place of their own, it’s crucial to weigh several factors. “Should I buy a home or keep renting?” Read more…

3 Ways to Strive for Financial Freedom—Even During a Pandemic | Plancorp

We live in uncertain times. The deluge of depressing news only reminds us of the many things that are out of our control. Read more…

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