Author - Claire Emory, MBA, CFA, CFP®

1
Make Smart Money Moves in the New Year
2
Start Discussions About Your Financial Goals in the New Year
3
Financial Planning Questions for Working Women, Part 2
4
IRAs and other Retirement Plans for Independent Contractors
5
Think Before Changing Investments Because of An Election

Make Smart Money Moves in the New Year

This is a time of year when everyone is making lists and setting financial goals for the upcoming year. At the same time, many people are starting to see the bills from or the effects of their holiday shopping. It may also be a time when you are still reflecting on your financial missteps of the past year. This can be overwhelming because as you are looking at a new year, reminders from the past year are still there.

Try not to dwell too long on misguided financial moves from the past year. Instead, look for ways to make wiser …

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Start Discussions About Your Financial Goals in the New Year

In “Key End-of-Year Money Talks You’ll Be So Glad You Had,” LearnVest offers advice that can be used all year around. Any talk you have at the end of the year, you can also have at the beginning of the year. In some cases, approaching financial planning at the beginning of the year when we have a sense of optimism and a desire to set things right may be more effective than and end-of-year wrap up.

Discuss Compensation with your Employer. Much of your financial planning is affected by how much you earn. There are many ways to increase earnings …

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Financial Planning Questions for Working Women, Part 2

Last week we looked at two of the questions that The Pittsburgh Courier asked in the article, “Five key financial planning questions for working women.” The first two questions dealt with investments; these last three gave readers something to ponder with regards to their careers and retirement planning.

  • “Are you prepared for changing professional expectations?”

The publication suggests that you keep up with what is new in your line of work, especially if you have taken a step away from working to care for family. You can also find ways to update your skills so you can re-enter the …

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IRAs and other Retirement Plans for Independent Contractors

In “Retirement Plan Options for Independent Contractors,” published by NerdWallet this past fall, financial planner Dave Rowan outlines some of financial tools independent contractors can use to save for a time when they no longer work.

SIMPLE IRA: The Simple IRA or Savings Incentive Match Plan for Employees lives up to its name when you are doing contract work as a solo operator; it is less simple for those who have hired employees. These plans have employer-matching contribution rules that but don’t let that scare you if you think the SIMPLE IRA will work for your enterprise.

As an …

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Think Before Changing Investments Because of An Election

Fee-Only financial advisors have long counseled patience with investments and stock portfolios and presidential elections do not change that advice. As an election season progresses, you hear lots of experts give their thoughts on how a certain candidate may affect the stock market…and this past election season was no exception. Now that the election has taken place, there will be many people in the coming days sharing their recommendations on how to adjust your investments in response to the election.

However, history has shown that people who make sudden moves base on politics or other factors may find themselves disappointed. …

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