Stock options are a popular way for organizations to compensate their employees. They’re a convenient and cost-effective way to provide added value for the work that you do. Stock options also provide an incentive for employees to continue doing high-quality work for the company, because they tie a portion of your compensation to the company’s…
A major financial decision can be a surefire way to completely paralyze us. Even a small financial decision can be intimidating. So, when we’re faced with a major financial decision, the stress compounds. We’re often stuck feeling, well, stuck – and a little trapped. Does this sound like you? If you’re facing a major financial…
Picture this: You’re standing in the kitchen with your partner or spouse, avoiding eye contact while a silent and slow tension builds in the air. The mail sits opened on the kitchen table between you. It’s staring at you both, testing you, but neither one of you wants to be the first to acknowledge it….
Do you dream of being a millionaire? Many entrepreneurs and hard-working career professionals have big money goals for themselves. The idea of becoming a millionaire is appealing – but the steps you need to take to get there can be less than clear. Some people might assume that becoming a millionaire isn’t possible without a…
Wondering, “how much do I need to retire?” It’s a good question. But it’s also a tricky question because there’s no one right answer. What you want and when you want it will make the right steps for you to take look much different than what the person next to you needs to do to…
Forgetting something? If you’re an entrepreneur, it would be completely understandable if you lost track of a thing or two. You probably have a thousand thoughts running through your mind 24/7. Add in your never-ending to-do list, tasks that need to be outsourced or delegated, and big ideas you want to tackle, and it’s no…
If you own your own small business, there’s no question about it: you’re a go-getter. You’re self-motivated and driven to do big things in your life. You probably don’t wait for anyone to give you permission and you know how to take care of yourself. For the most part, anyway. The truth is, 34% of…
Wondering if you’re doing all you can to leverage the savings and investment tools at your disposal? If you currently contribute to a traditional IRA, a Roth conversion might be the next step to take to optimize your financial life and further work your wealth. When you do a Roth conversion, you take money from…
Wondering if you can afford to pay yourself more? Know you need to reduce spending to save more towards your goals, but not entirely sure where you can cut costs? Or maybe you’re thinking about making a new hire or investing in a business coach. Can you afford to do that — or do you…
Have access to an ESPP but have no idea how to work it? You’re not alone. This is a type of benefit not offered to everyone, so figuring out the best way to leverage it or fit it into your financial plan can be tough. An employee stock purchase plan, or ESPP, is a benefit…