Latest Posts

All Donations Are Not Created Equal

by Andrew Carillo on Sep 3, 2018

Giving money to philanthropic causes is important to many of us. Year end giving in particular is popular with both donors and charitable organizations. The most common way to give money for most people is to simply write a check or put a donation on a credit card. The charity then typically sends us a receipt for our donation, and everyone is happy.

Not so fast.

Time to Break That Shopping Habit!

by Andrew Carillo on Aug 31, 2018

It seems like we’ve been conditioned to shop since birth.  While an occasional splurge is nothing to get worked up about, we’ve become incredibly wasteful in the process.  Landfills from coast to coast are full of our discarded belongings such as furniture, equipment, appliances, and electronic items like computers and cellphones.  We no longer repair an item, we simply replace it. Some of our spending habits can certainly be tied to the incessant marketing and advertising that target consumers on a daily basis.

Financial Missteps to Avoid

by Andrew Carillo on Aug 20, 2018

While so much of personal finance is common sense – don’t spend more than you make, don’t buy a house you can’t afford, start to invest money while you’re young, many young people today enter the workforce fresh out of college, with a boatload of student loans, and with no clue how to properly manage their money.

401(k) vs. IRA

by Andrew Carillo on Aug 17, 2018

As the go-to investment option for most companies and their employees, 401(k) plans provide many benefits to plan participants, including deferment of taxes, the likelihood of an employer match, and a high maximum allowable for annual contributions.  But for those that are self-employed, or whose employer does not offer a 401(k), a traditional or Roth IRA is an option.

Retiring Abroad

by Andrew Carillo on Aug 10, 2018

If you’ve always dreamed of living abroad, now may be the best time. Today, there are around 400,000 American retirees residing outside the United States, with that number expected to grow over the next few years. Cost of living is often cited as one of the main reasons for the move. For example, in places like Mexico and Costa Rica, it’s possible to live off of a Social Security check, while enjoying a relaxing lifestyle in the process. Other retirees cite rising health care costs as a contributing factor in their decision to move out of the U.S.