by Stacy Francis, CFP®, CDFA | Oct 21, 2008 | Blog, Family Finances, Stacy $avvy Advice
by Stacy Francis, CFP®, CDFAI received an interesting email this morning. It was from a mother-of-two in her early thirties, who was broke because over the past five years, her parents had continuously borrowed money from her, supposedly to get into some miraculous...
by Stacy Francis, CFP®, CDFA | Oct 13, 2008 | Blog, Family Finances, Stacy $avvy Advice
by Stacy Francis, CFP®, CDFADuring a charity dinner last night, one of the women mentioned that she and her husband are drafting a trust. The discussion then went from wills to trusts and back to wills again as the other people at the table tried to grasp the...
by Stacy Francis, CFP®, CDFA | Oct 2, 2008 | Blog, Family Finances, Stacy $avvy Advice
by Stacy Francis, CFP®, CDFAThe children in front of me in line at the grocery store today were no older than eleven or twelve, yet when the time came to pay for their snacks and sodas, they pulled out their MasterCards. I started to wonder, is this normal now? Do all...
by Stacy Francis, CFP®, CDFA | Sep 26, 2008 | Blog, Family Finances, Stacy $avvy Advice
by Stacy Francis, CFP®, CDFAAt the park today, the moms were discussing allowances. At what age should a child start to receive them, and how much is appropriate? All at once they stopped and asked me, “You are the expert, tell us what to do!” Talk about pressure. I...
by Stacy Francis, CFP®, CDFA | Sep 15, 2008 | Blog, Family Finances, Stacy $avvy Advice
by Stacy Francis, CFP®, CDFADuring a dinner party last weekend, a woman told me her son had taken her by surprise by asking “are we rich?” She said she was dumbfounded, and as she had no idea how to respond, she mumbled, “no.” Her son got extremely anxious, and she...
by Stacy Francis, CFP®, CDFA | Aug 15, 2008 | Blog, Family Finances, Stacy $avvy Advice
by Stacy Francis, CFP®, CDFALast week, I spent a long afternoon in the animal hospital with my cat. The good news is that Sunshine is doing just fine – the bad news is the bill – almost $700. Most people who – like me – love their pets to death have considered...