Planning for the financial care of a special needs child | Money & Life

Planning for the financial care of a special needs child Caring for a child with special needs can place an extra financial burden on families. We speak to CERTIFIED FINANCIAL PLANNER® Jane Campbell about some of the challenges and solutions families might consider. As any parent will tell you, raising a child is an incredibly rewarding experience. But for parents of children with special needs, there is often the added challenge of extra expenses and reduced …

Tax deductible donations: Get the most out of giving back | Money & Life

Tax deductible donations: Get the most out of giving back Giving to charity can be a great way to help others and give your tax return a boost, but not all donations are tax deductible. Here’s what you need to know about making a tax deductible donation. Donating to a charity or cause you care about is a win-win for both you and the charity. Charities rely on the generosity of donors to help them …

Supporting your kids, without sacrificing your own retirement | Money & Life

Supporting your kids, without sacrificing your own retirement With careful planning, you can give a helping hand to your adult children financially, while still enjoying a comfortable retirement. In the past, wealth was often passed on through an inheritance. But with our longer lifespans, and the higher cost of living (especially housing), the desire to help our kids while we’re alive and well is increasing. If your children are young, you may have twenty or …

5 financial hacks to set you up for life | Money & Life

5 financial hacks to set you up for life With life’s big financial milestones just around the corner getting off to a good start in your 20s and 30s will help set you up for financial freedom later in life. We asked senior financial adviser, Nga Vu CFP®, from Kearney Group, for some simple ways to manage your finances each step of the way. Getting married Q: Transitioning from ‘my’ money to ‘our’ money can …