Archive for May 2019

Charitable Giving and the New Tax Code: A Skeptic’s Perspective

With the new tax code in place, the standard deduction has increased across the board: Individuals: $12,200 Heads of household: $18,350 Married couples filing jointly, or surviving spouses: $24,400 As a result, most people – whether they’re married or not – are planning to take the standard deduction next filing season. When you take the…

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Living on a Budget in Chicago

It’s not a secret that living in Chicago can be expensive. Coming from a non-Chicago area myself, I can honestly say that the first few times I met friends for dinner or drinks was a bit of a shock. The average cost of living in Chicago is significantly higher than the rest of America. However,…

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Building A Retirement Lifestyle You Love

I don’t have 20/20 vision. I can’t see my alarm clock each morning, and I can only read something if I have it nearly pressed against my face. A person who approaches me resembles a blob and I am more likely to trip over anything left on the floor. But with my glasses, my vision…

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4 Rules to Follow When Moving to a New City

Recently, I’ve had several clients all embark on out-of-state moves with their families. Moving is a really stressful life decision. The last thing you want to do when you tackle a move to a new city, or even a new state, is to add extra stress (financial or otherwise) to your life. I’ve guided several…

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How to (Financially) Prepare For Summer

As a kid, summer was always my favorite time of year. Now, as a parent, I see a lot of the problems that summer can bring. My wife and I both work, and it can be tough to balance the expense of additional child care with the desire to spend more time with our kids.…

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