by Marilou Davido | Nov 21, 2024 | Resources
A donor-advised fund (DAF) is a philanthropic vehicle that allows individuals, families, or organizations to make charitable donations while retaining certain controls over how those funds are distributed. It offers a flexible and efficient way to manage charitable...
by Marilou Davido | Oct 28, 2024 | Resources
Tax diversification in investing involves spreading your investments across different types of accounts, assets, and securities to optimize tax efficiency. Here’s a breakdown of key strategies and concepts: Account Types: Taxable Accounts: Investments in regular...
by Marilou Davido | Oct 21, 2024 | Resources
Managing personal finances effectively involves distinguishing between different types of expenses. Two key categories are fixed and variable expenses. Understanding these can help you budget better, plan, and maintain financial stability. Here’s a quick guide...
by Marilou Davido | Oct 21, 2024 | Resources
When a person passes away, their financial obligations don’t simply disappear. The management and settlement of debt can be a complex process, and understanding how it works can help ease the burden on surviving family members. Here’s a brief overview of what happens...
by Marilou Davido | Oct 14, 2024 | Resources
How To Teach Preschoolers and Kindergartners about money Use a transparent piggy bank so they can see their savings. Teach them the coins and bills. Let them pay – take a small amount from their piggy bank and let them use it to buy something at the store....
by Marilou Davido | Oct 7, 2024 | Resources
Deciding whether you can afford a purchase involves more than just checking your bank balance. It requires assessing your financial health and ensuring that the expenditure aligns with your long-term goals. Here’s a straightforward guide to help you make informed...
