Posts By: Inspired Financial

What’s Your Money Script?

money over heart
Our childhood experiences and the way our parents related to us have imprinted certain thought patterns and behaviors that we carry into our interpersonal relationships. Many therapists call these imprints “love styles.” Similarly, both conscious and unconscious belief systems about money that w...
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Bucket List – Life Goals to Look Forward to

Bucket List
With the holidays being right around the corner and 2016 coming to an end, there’s no better time than now to think about your bucket list of goals and dreams you hope to accomplish in your lifetime. Believe it or not, you’re never too old to relive your childhood memories of writing to Santa or...
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Life as an Intern at Inspired Financial

As I approach my senior year at the University of Illinois (Fighting Illini!), this summer was my internship opportunity to gain knowledge in real-life financial planning. Reflecting over the past two months interning at Inspired Financial, it has been worth every single commute (a whopping 37 miles...
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Women to be Honored on US Paper Currency

Harriet Tubman will be the first woman to be honored on paper currency since Martha Washington graced the $1 silver certificate in the late 19th century.At our recent Shred Event, we were seated enjoying our lunch, when one of our most devoted theater loving clients, asked me if I’ve heard of the...
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Department of Labor Fiduciary Rule

For months, we watched the development of (and debate about) the pending Department of Labor fiduciary rule with great interest.  With the government finally taking action to provide greater consumer protection for assets in retirement accounts, we are celebrating.  Why celebrate now? At Inspir...
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Understanding Your Social Security Benefits; Changes April 2016

Recently, enjoying a dinner out with good friends, I learned my girlfriend’s husband was about to turn 66.  I tried to focus on the fabulous dinner, but honestly, I was thinking, “What are your plans for claiming Social Security benefits?”  A financial planner plans in so many environment...
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Look Before You Move

Each year, thousands of people retire and immediately move to a state that assesses lower income taxes on the theory that they will save money and make their dollars stretch further. Then they discover that they would have been better off at home, either because of a tax trap or because they didn't ...
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Medicare Cost Increases

The same time it was announced that Social Security recipients won’t receive any increases in their benefits, the government announced that certain Medicare participants would be paying dramatically higher premiums for Medicare Part B, the highest price jump in the program’s history. In general...
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Rent or Buy?

If you read articles that offer budgeting advice, you might see an item that says you shouldn’t spend more than 25% of your income on housing costs. These days, it’s more of a challenge for renters to stay under that spending level. Why? According to the latest report from Zillow Group, which...
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Eating to Maintain Brain Function

We are keeping an eye out for the latest research on a topic that concerns us all and touches so many lives. In March 2015, Rush University in Chicago published the MIND diet, which lists ten things to eat and five things to avoid to keep your brain healthy. Results show that strictly following thes...
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