MONEY WITHOUT MATH

Whether you’re just getting started or have been investing for years, the number of investment options to choose from can be overwhelming. What’s ESG? Should I buy crypto? Active ETFS or mutual funds? Some of these options are compelling, but it’s important to understand key factors before diving in. Loren Fox is the director of research at Boston-based FUSE Research Network. He has been researching, writing and speaking about trends in the investment industry for 16 years and joins us to help evaluate these trending investments.

Estate planning isn’t just about you, money, and taxes; it’s mostly about the ones you love. Patricia De Fonte is an estate planning attorney and founder of De Fonte Law PC. She is passionate about delivering thoughtful counsel to help her clients preserve family harmony through careful and customized planning that also reflects their vision and values. In this episode, we discuss why a will is not enough, the importance of healthcare directives, what a trust can do for you, and why you might not want to DIY when it comes to creating effective and personalized documents.

Opinions expressed are those of Karen Coyne and not those of RJFS or Raymond James.

Securities offered through Raymond James Financial Services Inc. Member FINRA/SIPC

Investment advisory services offered through Raymond James Financial Services Advisors, Inc.  Clarity Planning is not a registered broker/dealer and is independent of Raymond James Financial Services. Karen Coyne, Financial Advisor located at 12920 Conamar Dr., Ste. 202 Hagerstown, MD 21742, Tel 301.739.7002. 

After almost a 6 month hiatus, we’re back!  At the beginning of the year, Maria Gamb, Founder and CEO of coaching and training company NMS Communications, joined Karen to discuss how to reconnect with your purpose and find your spark. Typically January is an exuberant time, as we look out upon a new year as a fresh start, a new beginning. This past January seemed to usher in a new year with a sense of general malaise, exhaustion, and indifference. If you are feeling like you’ve lost your spark, you are not alone. Listen as Maria talks about how to help you pinpoint where you are in “The Great Reset,” which is all about getting clear on what you truly want in your life.

Daily Set Point:  https://bit.ly/DailySetPoint2
Anatomy of the Great Reset: https://bit.ly/AnatomyOfTheGreatReset 

In a culture of hustle, grind, do more, get more, be better, go faster, now, when do we know when to say, “enough?” And more specifically, how do we reconcile more and enough when it comes to our money?  Behavioral finance expert Brian Portnoy, CFA, PhD, and author of “The Geometry of Wealth,” joins us to explore the intersection of time, money, living a joyful life, and the pursuit of enough in these noisy and busy times.

What do you picture or think about when you hear the word “accountant?” Boring bean counters, debits and credits, nerdy number crunchers? Cece Leung, CPA, Founding Partner of The Entrepreneur CFO,  podcast host and author of “Dear Accountant” is on a mission to change that. Cece is also a mentor and coach who shares her experiences and insights to elevate young professionals entering the field. Accounting plays a critical role in every business, and it doesn’t have to be boring! You might not have realized it, but a career in accounting can be quite versatile and lead to a wide variety of professional pathways. If you are just entering the field or considering a career in accounting, take a listen!

Do you think you that you need a degree in economics or finance to truly get a grip on your finances? Think again. It turns out, getting a grip on your habits and behaviors is actually more impactful than knowing how to evaluate stocks or describe the IPO process. You don’t need to be a math whiz to be good with money; you need real life skills. Dr. Moira Somers, Psychologist, Professor, and Author of Advice that Sticks: How to Give Financial Advice that People Will Follow, specializes in helping families and their advisors sharpen those life skills that are foundational to having a healthy and productive relationship with money. We discuss her top 10 list of financial skills and how you can build these with your family.

It’s been said that so much time and energy is spent on preparing the assets for the family, but not the FAMILY for the assets! No wonder that a reported 70% of family wealth doesn’t survive past the second generation.  Creating a family mission statement is a way to bridge these gaps and strengthen the concept of a family legacy. This is not about numbers or inheritance details; it’s about sharing family history and traditions, values and aspirations. Kathy Longo, CFP, CAP, CDFA, President and Founder of Flourish Wealth Management, shares how she helps initiate these conversations and helps her clients create their own family mission statement.

The challenge of balancing professional and personal pursuits has most often been approached as a women’s issue. But men are also struggling with the same issues. They may feel less comfortable discussing the issues, and/or nobody is asking. So we did! Max Schatzow, Partner of Stark and Stark joins us on this episode to open up the conversation of work-life balance from a male’s perspective.  Max’s spouse is also an attorney and he shares how his priorities have changed as life changes, why it’s ok (and necessary!) to outsource certain duties, and  also reminds us that you can’t sweat the small stuff.