Posts Categorized: Inspired News & Thoughts

Apps for Boosting Brain Power

It’s no secret that as we age, our brain function declines.  Whether it’s to focus, stay sharp, or reduce stress and anxiety, there are various reasons for wanting to boost brainpower and improve mood. Studies have suggested that keeping mentally active may help maintain cognitive functioning a...
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Reconsidering Cancer Insurance

Child supporting her ill mother
What would you do if you were diagnosed with cancer this week? On top of the stress of the diagnosis, you would need to know if you could afford the costs of treatment adding another layer of unwanted stress and complexity to this unfortunate situation. Did you know that the estimated direct medical...
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Beware of Scholarship Scams

graduation
Figuring out how to pay for college is stressful for most parents and may be out-of-reach for some families. My husband and I have three college-bound teenage daughters, and our oldest will be attending St. Lawrence University in New York this year. Tuition, books, and room and board will exceed $70...
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Financial Planning for Women – Part 4 (Helping Widows)

old woman
In my previous blog post, Financial Planning for Women – Part 3 (Long-Term Care), I talked about why Long-Term Care is so important for a woman’s longevity. In this post, we will discuss how we help widows through one of the toughest times of their lives. We recognize that the death of a spou...
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Emergency Fund: Plan for the Unexpected

stack of 100 dollars
Do you love surprises? What about surprise expenses? I’m with you, no one likes unforeseen expenses but truth is, life is unexpected. To reduce the stress associated with unforeseen expenses, we usually advise our clients to build what we call an emergency fund. What is an emergency fund? It...
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Is That Really Your Money?

Uncle Sam
When you look at your monthly brokerage statement, you see the values and what has happened in your account over the last 30 days.  It’s pretty simple math: “You started there, you finished here, and what happened to cause the changes—dividends (increase), market gains (increase), market decl...
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How to Avoid Scams Targeting The Elderly

elderly hands
Last week I missed a phone call on my cell phone. I called back and I heard, “Hello, this is the IRS.” I hung up immediately. The IRS will NEVER call on the phone; neither will SoCal Edison or SoCal Gas. These are scams designed to trick the elderly. In this technological age, we need to be extr...
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This Is Not What I Expected; Musings of an Unlikely Entrepreneur Celebrating the 15th Birthday of Her Company

woman crossroads
Fifteen years ago in March 2003, I founded Inspired Financial from a home office (in my basement, no less) with only my faithful canine companion, Rusty, on my "team." I had left the cocoon of a secure job with The Vanguard Group to strike out on my own because I thought I could make a greater diffe...
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Financial Planning for Women – Part 3 (Long-Term Care)

elderly happy woman
In my previous blog post, Financial Planning for Women – Part 2 (Social Security), I talked about how the guidance we provide in the early years of retirement places women in the best possible position to live their final years with grace, security, and dignity. In this post, we will discuss L...
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Keep or Shred? What To Do with Important Documents

shredded documents
Inspired Financial will host its biennial Shred Party on Saturday, April 14, 2018 from 11:00 am to 2:00 pm.  We have prepared a list of items and timeline to help you decide on what important documents to keep and for how long. Keep for less than 1 year Sales receipts for minor purchases (kee...
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