The Tax Benefits of Owning a Home

The Tax Benefits of Owning a Home

This is the seventh post in my “Taxes for Your Family” series. There is a lot of confusion about the tax benefits of owning a home.  But what are they? There are several deductions available to homeowners who itemize on their tax return: You can generally deduct the interest on up to $1 million of […]

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Are Vacation Homes Good Investments?

Are Vacation Homes Good Investments?

Guest Post By Diana Fishlock A great vacation often sparks dreams of owning a getaway home. It seems perfect after that beautiful week near the ocean or the mountains with no responsibilities. It may also seem like a retirement option or a good investment of time and money. But is it? A vacation home won’t […]

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Top 5 Posts of 2013

Wow, 2013 has flown by! Here are the top-viewed posts on this blog in 2013: The Difference between Marginal and Average Tax Rates Interview: Passing the Co-op Board Interview Guest Post: What You Need to Know About the New Affordable Healthcare Insurance Exchange Can You Afford Private School? Financial Planning Checklist for New Parents Happy […]

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magic kingdom

How to Have a Blast on a Budget at Disney World

Ever since our son was born, I knew it was coming … family vacation to Disney World! Well, this was the year we “did Disney.”  We spent 5 days and 4 nights in Orlando and I must say that it was a grand old time. The trip was truly a priceless opportunity to gather an […]

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November Garden Report: Green Tomatoes

I thought October might be the last Garden report for the year, but more vegetables just keep coming. In addition to carrots and snowpeas, we had a TON of green tomatoes. We brought them in rather than let them rot outside, but what do you do with them? I’m not one for deep frying things, […]

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CBS Sunday

CBS Sunday Morning – Battle for a Living Wage

I was a part of this recent piece with Erin Moriarty on CBS Sunday Morning, “Battle for a Living Wage.”  (You can catch me around the 5:45 mark). The piece is about the movement to raise the minimum wage to a “living wage” of $15/hour.  My contribution was to take a look at the budget […]

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October Garden Report

                    Fall is finally here, and the leaves seem more beautiful than ever.  My garden is winding down for the year, but here is what happened in October: Fall vegetables are here!  We’ve had plenty of beets, carrots and butternut squash this month. Sweet potatoes were […]

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raise your standards for financial planning

Raise Your Standards

Certain financial goals are written about over and over again. Spend less than you earn Pay off your debt Get insurance Have an emergency fund Save for retirement But what happens after you have more or less met those financial goals? What do you do next? Raise your standards! Sure, you may be doing better financially […]

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divorce document checklist

Financial Planning for Divorce? A Checklist to Keep it all Straight

If you are going through a divorce, you know that you’ll need to develop an accurate picture of the finances for your family.  But what do you need? It’s an emotional time, which can make it easy to miss things.  Here is a checklist to help. Please download through DIVORCE DOCUMENT CHECKLIST if you would like […]

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Saving Clients from Financially Needly Loved Ones

When a client planning a move to a Manhattan co-op apartment asked advisor Sara Stanich if she should buy a two-bedroom rather than a one-bedroom — just in case her son needed a place to crash after graduating college — the answer was clear: no. But Stanich took a slow, nuanced route to that answer that spanned […]

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