Making the money is your job. Making it work is mine. Securities offered through LPL Financial, Member SIPC https://xitter.cf/t.co/OqkdUmCGPx
Greater Boston, MA
Joined December 2009
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Wealth advisor to high earners and families since 2004
I write about what money does to families: kids 🧸, aging parents 🫂, marriage 💍, inheritance 📜. Stuff you’ll wish you knew sooner. Plus dad jokes 🙃
CFP® | Investopedia Advisor Council
(Info only, not personal advice)
Open enrollment season 🩺
You'll spend 40 minutes picking the dog's Halloween costume and 4 minutes picking the family's health plan 🐶
Flip that. Price each plan for a bad year: 12 months of premiums plus the out-of-pocket max 🧮
Retired folks 👔: what do you miss about work that you never expected to miss? ☕
The Pike at 7:40 doesn't count. Nobody misses that 🛣️
Your contractor said the kitchen would take six weeks 🏗️
That was in May. It's almost Halloween and you're making dinner in a microwave on top of the dryer 🧺
Put an extra 20% in the budget before the first wall comes down 🧱
1/2 Mass General Brigham says its layoffs started last week. It hasn't said how many, but pediatricians at Mass Eye and Ear were among those cut 🩻
Work at a hospital? Still have a job or not, get six months of expenses into cash this month 🥫
Parents of college kids 🎒: what cost blindsided you that never showed up on the tuition bill?
The meal plan they barely touch 🥪, flights home every break 🛫, the $300 textbook they open twice 📖
Parents of high school seniors, take notes 📝
Halloween is 10 days out 🎃
How much does your house spend on candy? Full-size bars 🍫 or the Costco bag of fun size? 🍬
And how many bags are gone before the first kid even rings the bell? 🔔
Who decides where your family's year-end donations go? 🎁
A kitchen table vote 🗳️, each kid picks one 🐣, or whichever college calls first wins ☎️
Does anyone besides the checkbook holder get a real say? 🖊️
What do you pay someone else to do that buys you back the most hours? 🕰️
The cleaner every other Friday 🧽, the plow guy ❄️, someone else doing the Sunday grocery run 🥕
Also tell me the one you tried and canceled 🙃
1/2 Mom is 82 and sharp today 👵
Ask her this week who should make medical and money calls if that changes.
Get it in writing: a health care proxy 🏥 and a durable power of attorney 🖋️
Wait until she can't sign and it may take a court 🏛️
Which money habit did you pick up from your parents? 🧬
Paying the card off every month ✅, washing out Cool Whip tubs 🥡, driving across town to save 3 cents on gas ⛽
Which one are you making sure your kids never pick up? 🙈
What was your first job, and what did it pay an hour? ⏱️
Scooping ice cream at Nantasket 🍦, a paper route 📰, bagging at Market Basket 🛍️. All count.
Even better if you still remember what you blew the first check on 🎮
Your 16-year-old wants a $60,000 car 🚙
It's basically a $60,000 crash test dummy 💥
Buy something used with a five-star safety rating ⭐
Then open the quote for adding them to your car insurance. Sit down first 🪑
Most families should rent on the Cape, not buy 🏖️
You'll use it a few weeks a year and pay for all 52: taxes, insurance and repairs 🧾
Let somebody else take the call about the frozen pipes in February 🥶
Grown kid moved back home 🛋️: did you charge rent?
How much, and did it ever actually get paid? 💸
Bonus points if "a few months" is now year three ⏳
Inherited money after losing a parent? 🕊️
Park it in a high-yield savings account for six months 🗄️
No quitting the job, no new house and no loans to your cousin yet 🙅
Grieve first. Then sit down with people you trust and make a plan 🗓️