In the realm of personal finance, the judicious use of credit cards can be a double-edged sword. On the one hand, they offer unparalleled convenience and flexibility in managing expenses. On the other, they can easily spiral into debt traps if not handled responsibly. However, there is a strategic approach to harnessing credit cards that not only expands spending power…
Your finances are your world. Remember to ask the right questions before putting your trust in someone to oversee them. Hiring a financial adviser is a big decision. You are entrusting your finances to someone, and you want to ensure they will be the right fit. If you are feeling a bit overwhelmed by the prospect of choosing a financial…
The ATHENA Young Professional Award honors emerging leaders who strive toward the highest levels of personal and professional accomplishment, who excel in their chosen field, devote time and energy to their community in a meaningful way, and serve as a role model for women.
For those with young children, the cost of childcare can feel astronomical. When both of my sons were in daycare, our family spent well over twice as much for childcare each month than we did on our mortgage, an all too common phenomenon in the United States. Fortunately, the federal government recognized that the high cost of childcare can be…
I don’t know about you, but it feels a bit like déjà vu. Last year at this time, I had just started my financial planning firm and made the official announcement that I was taking on clients. Within hours I received a call that my youngest son had a positive COVID-19 case in his daycare class and would need to…
Danielle Harrison,CFP® recognized as 2021 Financial Planning Rising Star Columbia, MO: Harrison Financial Planning is proud to announce that Danielle Harrison has been named a 2021 Rising Star by Financial Planning Magazine. Selected from among nominees across the country, the winners are both young advisors and career-changers. The inaugural award celebrates ten early-career financial planners who embody the values of…
Earlier this year, I wrote an article entitled Strategies to Make Your Charitable Giving Go Further that discussed some of the tax efficient ways to donate to your favorite charities. Included in the article were strategies that were only available for the 2020 and 2021 tax years, such as the charitable deduction for those who do not itemize. Despite what…
With the increase in high deductible health plans (HDHP) being offered by employers, it is surprising to find how few individuals take advantage of a Health Savings Account (HSA). Not only can these plans offer a way for individuals and families to save for current medical expenses in a tax-efficient manner, because of their unique structure and features, HSAs are…