Laura J. Hanlon
CPA
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Posts tagged family
Laura J Hanlon CPA’s Key To Raising Rich Kids

Teach them this: Wealth is what you save, not what you spend.

Most of the younger generation is under the false impression that wealth is based on the luck of a big salary. Nothing could be further from the truth. According to the now-classic book The Millionaire Next Door by Thomas J. Stanley, the affluent tend to answer ‘yes’ to these three questions:

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Seven Free Tips For Identity Theft Protection For Conway Individuals & Families

Yes, commonly-advertised identity theft protection services for regular Conway families can seem like an easy button. But the problem is that many of these products are unnecessary or ineffective, or they duplicate things you can do yourself — for free.

Here are some basic things you can set into place right now, which will cover you in the vast majority of circumstances:

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Children, Finances And Conway’s Consumerism Culture

I should probably start this right off by saying that I’m not claiming to be a particular expert in these matters. However, I do watch what other people do well … and I’ve had many conversations with wise clients who have shared a thing or two over the years. I have clients with great material means, who have children that remain “unspoiled”, and who don’t carry an expectant spirit.

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Teaching Conway Kids About Money

While it is impossible to completely shield kids from all the hard things that go on around them, I happen to believe money worries are one of those things we shouldn’t share with kids.

Whether you have many digits in your bank accounts, or you are still scraping by, money can (obviously) form a subject of dysfunction and tension, if we allow it.

So there are a number of ways to help our children move past this — some very specific, and some more subtle.

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How Comprehensive Travel Insurance Can Help Conway Families Avoid Vacation Nightmares

So begins “vacation season”. June is here and school is pretty much out, and many Conway families have already planned for their time away.

But when following your vacation itinerary, the last thing you want to do is worry about any financial loss that might occur as a result of a missed flight, an injury or illness, lost baggage, or any other unforeseen incident. To “insure” [;)] your peace of mind while away from home, many companies provide several different types of traveler’s protection plans to help ease the burden.

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Laura J Hanlon CPA’s Four Reasons For Monthly Financial Reports With Your Partner

Do you get a knot in your gut when your spouse asks you how the finances are looking? Do you practice a policy of “Don’t ask, Don’t tell”?

One of the best tools I’ve seen to keep your spouse or partner in the loop about your finances is the simple concept of the monthly financial report. If you find it useful, and once you’ve established the format, you can also do it twice a month to take a look at how you’re meeting your goals

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Laura J Hanlon CPA’s 3 Steps To Protecting Your Children’s Financial Future And More

When I think about what frightens parents most, seeing their children in a vulnerable position pretty much tops the list — whether it’s at home, at the pool, or any other place in public.

What exacerbates this further is knowing the fear which children themselves feel when they are surrounded by people they don’t know, and aren’t sure what to expect from what their parents have set up for them.

Put the following steps into place, and you’ll eliminate at least some of these dangers…

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