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Last Minute Opportunities to Save on Taxes

February 12, 2019 By Katie Brewer

Most of the actions you can take to reduce your tax bill have to happen by the end of the taxable year (a.k.a. December 31st.) However, there are still a few opportunities to save money on your taxes this year. The changes from the Tax Cuts and Jobs Act mean that many Americans will see a lower refund or end up owing this year. So this is a good time to do what you can to save yourself a little Continue Reading

Filed Under: Tax Tagged With: filing taxes, tax day, tax season, taxes

Physician Finances: How to Avoid Lifestyle Inflation

January 29, 2019 By Katie Brewer

You’ve endured years of medical school, grueling schedules and lower pay. Once you’re finally earning money as a full-time physician, it can be tempting to upgrade your lifestyle accordingly. This is called “lifestyle inflation,” and it’s a money downfall that many doctors are all too familiar with. It doesn’t matter how much money you make if your expenses keep you broke. Here are some tips to Continue Reading

Filed Under: Career & Lifestyle, Financial Planning Tagged With: doctors, lifestyle inflation, physician finances

How to Handle Market Volatility

January 9, 2019 By Katie Brewer

If the stock market downturn at the end of 2018 has you feeling jumpy, hang in there. There has been a lot of speculation about how the markets will fare in the new year, and even some concern about a looming recession. Regardless of how the year pans out, remember that playing the long game often yields better results for investors. Here are some tips for what to do when the market Continue Reading

Filed Under: Economy Tagged With: investing, market downturn, market volatility

End of the Year Money Moves

December 26, 2018 By Katie Brewer

With New Years only days away, there is still time to make some smart end of the year money moves to set you up well in the new year. Here are some steps you can take to get your finances on track before 2019: 1.  End of the Year Money Moves - Prepare for Tax Season Tax season probably isn’t on your mind much yet, but now is the perfect time to save yourself some money come April. Here’s a Continue Reading

Filed Under: Career & Lifestyle Tagged With: end of the year, new years, year end money moves

Money Gift Guide – Easy Gifts Under $80

December 5, 2018 By Katie Brewer

Holiday shopping season is here again! Last year I covered some of my favorite money board games for kids, and I've written about my ideas for giving money as a gift. This money gift guide is for fun extras that you can gift to anyone on your list. Here are some of my favorites: Planners Monthly Budget Planner: $6.99 This affordable planner is a great gift for the woman who likes to plan in Continue Reading

Filed Under: Career & Lifestyle, Family, Kids Tagged With: christmas gifts, holiday gifts, holiday shopping, money gifts

My Favorite Money Podcasts for 2018

October 18, 2018 By Katie Brewer

  Whether you’re heading to work or walking the dog, listening to podcasts can make that time more exciting and educational. If you’re revamping your financial life or trying to hit big money goals, podcasts can help you stay in the right mindset. Here are some of my favorite money podcasts for 2018: Favorite Money Podcasts: Investing and Financial Planning Stacking Benjamins - The Continue Reading

Filed Under: Financial Planning, Investing, Physicians Tagged With: education, podcasts

How to Stay Motivated to Hit Big Financial Goals

September 30, 2018 By Katie Brewer

We all have financial goals we’d love to hit “someday” when we have more money. For you, that might be a new house, a car, a vacation or even an early retirement. Sometimes these goals sound so pie-in-the-sky enormous that you’re too intimidated to get started. But saving for anything means starting small, and taking that first step forward. Here’s what to do next time you’re feeling like giving Continue Reading

Filed Under: Financial Planning Tagged With: financial goals, goal setting, money goals

Open Enrollment: Why You Should Review Your Benefits Every Year

September 12, 2018 By Katie Brewer

open enrollment

If you barely take a second glance at your benefits when open enrollment rolls around, you’re not alone. According to a 2017 Aflac survey, more than 90% of employees keep the same benefits they had last year. And that could cost you a potentially significant amount of cash. So when you get the email from your company about open enrollment, it’s worth it to take some time and look at what you’re Continue Reading

Filed Under: Employee Benefits Tagged With: employee benefits, open enrollment, review your benefits

Should You Save for Retirement or Pay Off Student Loans?

August 29, 2018 By Katie Brewer

Save for retirement or pay off student loans

If you’ve got student loans outstanding, it’s a common predicament - should you pay off those loans as quickly as possible first, or save for retirement? The short answer is this: save for retirement, usually. You can't use a loan to pay for your retirement. But I’ll break that down and explain why that’s important, and when you might want to focus on paying off debt instead: Save for Continue Reading

Filed Under: Retirement, Retirement Planning, Student loans Tagged With: pay off loans or retirement, save for retirement, save money or pay loans, student loans

Minimalism vs. Frugality: How to Use Them to Improve Your Life

August 15, 2018 By Katie Brewer

minimalism vs. frugality

As our lives have become overrun by stuff, there is a big push to simplify and save money. These two ideas come down to two big buzz words in the personal finance world: minimalism vs. frugality. There are big benefits to having less - like lower stress levels, better mental health and more time. There are obvious benefits to spending less too, like saving money, paying down debt and freeing up Continue Reading

Filed Under: Career & Lifestyle Tagged With: frugality, minimalism, saving money

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Katie Brewer, CFP® is a Dallas, Fort Worth, and online fee-only financial planner with over 15 years of experience. Her passion is helping clients get their financial lives in order to start living their richest lives.

Your Richest Life is a Fee-Only financial advisory firm providing honest and independent financial advice. Our clients, the members of Generations X and Y, have a different relationship with money than their parents did.

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