05/10/2012
If you are expecting or have recently added a child to your family, you have likely begun making big plans for the future. One of the most important things to consider while preparing for a growing family is how your financial habits, responsibilities and goals might change. Suzanna de Baca, vice president of wealth strategies at Ameriprise Financial suggests parents consider the following things.
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05/02/2012
Families can be comprised of people with very different personalities, values and financial habits. There may be high earners, low earners and no earners – and even those who are currently financially comfortable can hit hard times and need help. Suzanna de Baca, vice president of wealth strategies at Ameriprise Financial, suggests asking yourself the following questions if you’re considering your ability and willingness to provide financial support to a family member.
03/29/2012
It turns out that the silent generation may still be living up to their name. Recent research reveals that only 28 percent of boomers’ parents say they regularly discuss money and finances with their family, and 41 percent feel they haven’t discussed their financial situation adequately with their children.1 The responsibility may fall on boomers to approach their aging parents about money-related issues. Suzanna de Baca, vice president of wealth strategies at Ameriprise Financial, suggests four questions to provide a starting point for these conversations.
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02/29/2012
01/06/2012
01/05/2012
