|   The Flourish Financially Challenge

Episode 46: Money Talks with Your Aging Parents

As your parents age, it becomes more important to have frank financial conversations with them in order to protect your family’s finances.
By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 21 June 2021

Episode 46: Money Talks with Your Aging Parents

Discussions about money can feel complicated and even awkward, and this includes discussing money issues with your parents as they age. However, these conversations have a meaningful purpose, and keeping the lines of communication open will be the best way to meet your parents’ wishes and protect your family’s finances. 

Episode 45: Planning for Retirement as a Couple

Planning for retirement as a couple brings unique challenges that single individuals will not face – namely, compromise and agreement.
By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 14 June 2021

Episode 45: Planning for Retirement as a Couple

Even the strongest couples face challenges during life transitions, and retirement is one of them. For a couple to successfully enjoy their retirement together, one of the most important things they can do is to get the timing right for both of them. That’s why it’s so important to have a thoughtful discussion beforehand.

Episode 44: How Emotions Affect Your Money Story

Understanding your emotions surrounding financial topics can remove barriers to success and help you make more level-headed financial decisions.
By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 07 June 2021

Episode 44: How Emotions Affect Your Money Story

The choices we make about money are closely tied to our emotions. They impact how we perceive things like success, happiness, finance, and the experiences that shape our lives. While this is a normal part of the human condition, our money stories can create barriers to meeting our goals.

Episode 43: Empower Yourself Through Financial Organization

If you have a myriad of retirement accounts with overlapping objectives, make time to organize your account information and ensure you’re making the most of each one.
By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 31 May 2021

Episode 43: Empower Yourself Through Financial Organization

It’s incredibly common to have multiple retirement accounts with overlapping objectives - and little time to organize them. However, if your accounts aren’t organized effectively, you may not be making the most of your savings and investments.

Episode 42: Talking to Your Kids About Money

Parents are powerful influences on how their children spend, save, and invest, so it’s critical to teach your kids about money early and often.
By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 24 May 2021

Episode 42: Talking to Your Kids About Money

Research shows that kids learn their money habits and values from their parents, yet 69 percent of parents are reluctant to discuss money with their children. Kids are always watching, however, and parents are teaching by example - whether they realize it or not. Since parents are such powerful influencers over their children, it is critical to discuss money matters so that kids are learning from a combination of talking about money and watching their parents’ actions.

Episode 41: Building Your Financial Confidence

If you equate money with stress or feel paralyzed when it comes to financial decision-making, take these steps to build your financial confidence./h5> By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 17 May 2021

Episode 41: Building Your Financial Confidence

Did you know that 33 percent of women and 25 percent of men find talking about money to be stressful? If you find yourself in this category, you’re not alone. Equating money with stress can make it difficult to make financial decisions or to meet your goals, and it often comes down to a lack of confidence.

Episode 40: Money & Your Values

If you’re unsure whether your financial decisions are in line with your values, it may be time to do a “values check.”/h5> By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 10 May 2021

Episode 40: Money & Your Values

Money decisions are about much more than dollars and cents - they are about your core values and how they impact your financial planning and decision-making. Unfortunately, many people experience disharmony between their values and their financial decisions. If you could benefit from more clarity about your values and what they mean for your financial and life goals, your challenge this week is to complete a “values check.”

Episode 39: A Man is Not A Plan

The majority of women will be responsible for their own finances at some point, making it crucial to remember that a man is not a plan when it comes to preparing for your financial future./h5> By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 03 May 2021

Episode 39: A Man is Not A Plan

The financial services industry remains dominated by men, and there is a lingering feeling in some circles that women take a backseat when it comes to money matters. This can lead many women to feel unheard or uncomfortable in financial conversations, even though women control 51% of personal wealth and have a greater desire than ever to take control of their financial futures.

Episode 38: Using the TALK Method for Family Money Discussions

Family conversations regarding money can be quite challenging, but they are paramount to protecting your family’s financial health and ensuring your wealth is protected.
By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 26 April 2021

Episode 38: Using the TALK Method for Family Money Discussions

Conversations with family regarding money, estate planning, retirement planning, elder care, and what will happen to investments when someone dies are not easy. Of course, they are also necessary for protecting your family’s financial future.

Episode 37: Retirement Planning Mistakes to Avoid

One way to create a successful and fruitful retirement plan is to make smart investment decisions - and, more importantly, to avoid making common investment mistakes.
By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 19 April 2021

Episode 37: Retirement Planning Mistakes to Avoid

Retirement planning requires having a smart strategy on several fronts, including your investment plan. One way to achieve a successful and fruitful retirement is to make smart investment decisions - and more importantly, to avoid making common investment mistakes.

Episode 36: The Money Conversations You Should Be Having

Discussing money matters with the people closest to you is a crucial step in achieving your goals and improving your financial health.
By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 12 April 2021

Episode 36: The Money Conversations You Should Be Having

Your financial life won’t flourish in a vacuum, so it is crucial to engage in money conversations with the people around you. This includes your spouse or partner, your children, your aging parents, and even your close friends. Although these discussions may feel awkward at times, having them is an integral step in achieving your goals and improving your financial health in important ways.

Episode 35: Considering Your Legacy

Many people fail to put enough thought into their legacies - what they would like to leave to their children, grandchildren, and favorite charities when they pass away.
By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 05 April 2021

Episode 35: Considering Your Legacy

If your financial plan focuses mainly on your current phase of life, plus overarching goals like maxing out on retirement contributions, you need to ask yourself if you’ve done enough legacy planning. 

Episode 34: Staying Active in Retirement

Every person’s ideal retirement lifestyle is different, yet research shows there is a common thread among the happiest and healthiest retirees: they remain active and engaged in life.
By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 29 March 2021

Episode 34: Staying Active in Retirement

Retirement looks different for everyone, but you’re likely to be happier and healthier if you remain active and engaged in the world around you. Research shows that retirees who work part-time, volunteer, or otherwise spend their time in active or socially engaged situations have a lower likelihood of developing age-related chronic health conditions.

Episode 33: Your Retirement Identity Makeover

If you’re struggling with the transition from the working world to retirement, it may be time to give yourself a ‘retirement identity makeover.’
By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 22 March 2021

Episode 33: Your Retirement Identity Makeover

The transition from working full-time to retirement raises all types of emotions - including challenging ones like apprehension and sadness. When you spend much of your life identifying as a professional or a parent or both, it will take time to cope with adjusting to a new phase of life.

Episode 32: Preparing for Boomerang Kids

Nearly 55% of young adults will move back in with their parents before the age of 27, and these so-called “boomerang kids” can have serious financial implications for parents.
By Kathy Longo, CFP®, CAP®, CDFA®
Monday, 15 March 2021

Episode 32: Preparing for Boomerang Kids

According to the Bureau of Labor Statistics, nearly 55% of young adults will move back in with their parents for a period of time before age 27. 


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