Blog

Budgeting With a High Income

As a financial planner who works with attending physicians, I see one mistake consistently being made when it comes to personal finance: Individuals who are able to live comfortably as a result of their income skip the process of building a budget. More often than not, it’s not a decision they consciously made. A budget…

Read More
New Year's Resolutions

New Year’s Resolutions Your Wallet Will Thank You For

This time of year, the internet is flooded with information about setting (and sticking to) New Year’s Resolutions. Here’s the thing, and I know this isn’t a popular opinion, but I don’t like resolutions. In my line of work as a financial planner, I see a lot of people set out to achieve some pretty…

Read More

Avoiding Budget-Busters in the New Year

With every new year, I see a huge number of people committing to live a better financial life. If that sounds like you – there’s one clear place to start: with a budget. There are thousands of different ways to budget effectively, and the truth is that they all work to some extent. Different budgeting…

Read More

Student Loans and Your Taxes: How They Work Together

Did you know that your student loans have a big impact on your taxes? That’s right – your student debt influences whether you should file jointly or separately from your spouse, whether or not you’re taxed on the forgiven portion of your loans, and what type of deductions are available to you if you’ve been…

Read More

Is Your Student Loan Grace Period Over?

Are you confused about your student loan grace period? You’re not alone. Many new grads feel frustrated and a little lost about how long their grace period is, and what exactly it means for their student debt. This is especially true of young professionals who have gone through additional schooling – like attorneys and physicians…

Read More

Contribute Now, Save Later: Taxes and Your 401(k)

Most people are aware that their 401(k) is an excellent tool for retirement savings. In fact, Americans with access to a 401(k) plan are making contributions across the board – 52% of millennials, 75% of Gen X, and 80% of baby boomers contribute regularly. The majority of people who contribute on a regular basis are…

Read More

Are You Saving Money During Benefits Enrollment?

People often view open enrollment season at their office as a time where they need to check a box that basically ensures that they continue to get the coverage they’ve always had. People are creatures of habit, and the idea of reviewing your coverage and making changes can be both overwhelming and unsettling. Not to…

Read More

The (Surprisingly) Positive Impact of Rising Rates on Municipal Bonds

  While interest rates have already increased considerably since the end of August, some investors remain concerned about potential additional increases as the monetary policies of the Federal Reserve become less accommodative. The immediate effect of a rise in interest rates is, of course, a drop in the value of fixed income investments, which has…

Read More

What’s Your Passion?

  Do you spend much time around people whose creative energy and passion are irrepressible?   They’re contagious.  Regardless of the topic, you want to know more.  Seeing them light up is magnetic, electrifying.  You can feel it in the air, and it pulls you into a place where you want to be.  It’s as though…

Read More

Young Deerfield Shareholder “Totally Crushing It”

Deerfield Financial Advisors Shareholder Ben Hockema has been featured as the cover story in a recent article in the TD Ameritrade Advisor Solutions Magazine. Take a look at the “Young, Talented, and Totally Crushing It” story here: Young, Talented and Totally Crushing It

Read More