Having Tough Money Talks With Loved Ones

By Lynnette Khalfani-Cox, The Money Coach®

No matter how tight a bond you may have with your loved ones, it can still be challenging to talk to them about sensitive financial topics. After all, money is often regarded as a taboo subject. Even worse: disagreements about financial matters can potentially strain your closest relationships.

Continue reading

Didn’t Receive a W-2? Here’s What to Do

A quick tip from Lynnette Khalfani-Cox, The Money Coach®

Before you fill out your federal income taxes — or have an accountant complete that chore for you —  you’ll need to collect W-2 forms from your current or former employers. Companies are supposed to send out your W-2, also known as a Wage and Tax Statement, by Jan. 31 of each year. Unfortunately, not all businesses meet this deadline.

Continue reading

Engagement Rings: Study Shows Spending Less Leads to Longer Marriages

By Lynnette Khalfani-Cox, The Money Coach®     

I’ll never forget the night my husband Earl popped the question.

We were on a business trip and staying at a beautiful hotel in San Francisco. After a whirlwind day, we stood on the hotel balcony overlooking the city, talking about all we’d accomplished together. All of a sudden, Earl got down on one knee, told me how much he loved me, and asked me to be his wife. I immediately said yes. In my excitement, I didn’t realize that Earl proposed without giving me a ring.

Continue reading

A FAFSA Tip for College Students Struggling to Make Ends Meet

By Lynnette Khalfani-Cox, The Money Coach®

If you’re having a tough time paying for all your college expenses, filling out the FAFSA on time can help you tap into a host of financial aid sources. But there are three crucial deadlines — not just one — you need to be aware of when completing the all-important FAFSA.

Continue reading

The New Rules About Medical Bills and Your Credit

By Lynnette Khalfani-Cox, The Money Coach®

If you’ve ever had big medical bills that you couldn’t immediately pay, you know how troubling and stressful that situation can be. Even worse: for many years, past due healthcare bills could wind up on your credit report if a doctor’s office, clinic or other medical facility reported your bill to a collection agency.

Continue reading

How Getting Healthier Saves You Money

By Lynnette Khalfani-Cox, The Money Coach®

We’ve all heard the saying: “health is wealth.”

Though it sounds obvious, the truth is that Americans are more stressed out than ever, with 3 in 4 individuals reporting a stress-related incident according to a poll conducted by the American Psychological Association.  And with this increased stress comes a variety of problems that chip away at our mental and physical well-being. But it’s also worth noting that maintaining your physical and mental wellbeing plays a big role in your finances.

Continue reading

Three Tips to Make Open Enrollment Season a Breeze

By Lynnette Khalfani-Cox, The Money Coach®

Open enrollment season is in full swing, and that means you have the next month or so to decide what to do about key benefits your employer provides. Some people dread open enrollment season, because they think they have to painstakingly pore over mounds of healthcare paperwork, and then spend days upon days trying to figure out what to do.

Continue reading