Tap Social Security Benefits Early or Wait?

When is the best time to start taking Social Security payments in order to maximize the benefits you’ve worked long and hard to earn, while ensuring that income from the federal program is there when you need it? “Simple question,

College Prerequisite: Preparing an Undergrad to Handle Their Own Finances

Now, more than a decade after graduating from college, Casey Van Zutphen can admit it: The time his parents — and especially his father — invested to teach him about managing his finances as an undergraduate has paid off in

Teaching Teens Financial Responsibility: 13 Proven Tips and Tactics from Financial Pros

With a teenager as part of the household, you likely already have your hands full with the often mind-bending responsibilities that come with parenting a child in the 21st century. But don’t let those day-to-day duties get in the way

10 Ways to Find Funds for College in Unexpected or Overlooked Places

Paying for a college education is a good news, bad news proposition. Let’s start with the bad. It’s not exactly news that the cost of college tuition has been rising steadily for years. Between 2005-06 and 2015-16, in-state tuition and

How Will You Spend Retirement? A Spending Plan Can Provide Answers

The golden rule for managing personal finances applies to just about everyone, young, old and in between: Spend within your means. But a key distinction surfaces in planning for how to spend your money in retirement, says New York City-based

A Guide to Retirement Plans for the Self-Employed

Choice is one of the great perks of working for yourself. The location of your office, the hours you work, the amount of vacation time you take and when you take it, the workplace benefits you get—these are the kinds


 **The following statement was distributed to Minnesota media outlets on June 5, 2016** Statement from the Financial Planning Association of Minnesota: Don’t panic! Over the last 12 days, financial planners from all over the state have received inquiries from their

Borrowing & Lending, Friends & Family: Making a Sensitive Dynamic Work

John wants to buy a new car. His savings will get him part of the way to meeting the purchase price, but he’ll need to borrow money to make up the difference. Trouble is, the only auto loan for which

Life Insurance FAQ: Who, What, Why, When and How Much?

We can’t predict exactly when life will throw us an unexpected curveball, but we can at least prepare ahead of time, so when something unforeseen inevitably happens, we’re in a solid position to handle it. It’s in preparing for the

Keep Your Financial House in Order: 11 Tips to Stick to a Spending Plan

If you’re a person who has goals that require money to achieve, if you’re someone who wants greater control over your finances or your spending habits, or if you just want a clearer idea of where your hard-earned money is