Many Americans may have an unrealistic view of how much they’ll inherit, and that’s especially true of millennials, or the generation born between 1981 and 1996. There seems to be a huge disconnect between what millennials think they’ll inherit and what’s actually on the way, writes Rose Kennedy for the Atlanta Journal Constitution, quoting Adam Financial […]
Archive | On Your Own: Money Smarts For Millennials RSS feed for this section
Is It Time For A Smartphone Detox?
Columnist Julian Hayes wrote about spending 60 days without his smartphone, and chronicled what he learned about life, mental well-being and the powers of observation when he wasn’t tethered to an electronic device. Most of us aren’t going to replicate his experiment any time soon, but here’s some serious smartphone food for thought. According to […]
Got A Job? Why Your High School Student Should Save Using A Roth
I met recently with the parent of a high school student who was thinking about ways her daughter could save for the future without jeopardizing any potential college financial aid. That’s a concern other parents may have as well. If your high school student works and earns money from a job, a Roth IRA is […]
#1 Best Way To Help The Kids or Grandkids? Get That Roth IRA Going
During a client meeting in our office last week, we talked about how they – parents of young adult kids (in their 20s and young 30s) – could help the kids get onto a sturdier financial footing without killing their own initiative or enabling them. We’ve written about this a lot, but it’s always worth repeating […]
Money Tips For Your High School Grad
Graduating from high school marks an important step toward adulthood for U.S. teenagers. But do your kids have the financial savvy needed to make important decisions about credit cards, student loans, budgeting, and renting their first apartment? Here’s a cheat sheet from columnist Ron Lieber of The New York Times on the most important things […]
Overspending? Blame It On Social Media.
That selfie could be costing you more than you think. More than a third of Americans admit “their spending habits have been influenced by images and experiences shared by their friends on social media,” according to the 2019 Modern Wealth Survey, a research project sponsored by Schwab that interviewed 1,000 Americans on how they spend, […]
Raising Money Smart Kids? All You Have To Do Is Talk To Them
Want to raise money smart kids? The secret might by hiding around your dining room table. It seems that students who speak with their parents at least once or twice a month about money matters have better financial literacy scores than those who said they hardly or never speak with their parents about money. That […]
Millennial Investors: Adjusting Expectations For The Real World
Young millennial investors don’t have it easy. They are experiencing first-hand a number of critical life events, ranging from buying a home, to starting or expanding their families, to juggling work/life balance in their jobs. Members of this generation are savvy about finances – for example, 85% know that having a long-term financial plan is […]
How Smart Financial Technology Can Be Making You … Dumber
OK. There is just no nice way to put it. All those smart apps and smart phones and clever financial programs that let you move money, buy stocks, and check your account balances on a teeny tiny screen are not helping. In fact, they’re making the situation worse. Research conducted by the Global Financial Literacy Excellence […]
Balancing Being Mom With Work: Never An Easy Task
Work? Kids? Family? Friends? How is it possible to balance it all? It’s not easy, as we all know. I still have vivid memories of waking up at the crack of dawn, getting dressed for work, packing lunches, getting two toddlers ready for day-care drop off, then making it to an early morning work meeting, […]
Subscribe to FREE Updates
Stay informed about financial planning and investing issues that impact your life today and tomorrow! (we respect your privacy)
About Mari Adam, CFP®
Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for twenty five years. Mari has appeared in publications such as Business Week, CBS MarketWatch, Wall Street Journal, Kiplinger’s, Newsweek, and Money Magazine.
