Just married or know someone who is? Listen today for how to manage money together for financial success in marriage. We discuss financial tips for newly married couples. Here is our checklist of key steps to take for financial success and future planning: 1. Save Together: Set up joint accounts for savings with common goals like buying a house or planning trips. Consider saving a percentage of bonuses for the household and personal savings to keep individual spending flexib

Getting married or know someone who is? Smart couples master these money moves before marriage! In today's conversation, we discuss important financial steps to take after getting engaged. Some of our suggestions: 1. Start Saving Together: It’s essential for couples to begin saving together, even before the wedding. Opening a joint savings account and contributing a set amount monthly can help establish a healthy financial foundation. 2. Share Your Financial Situation: Open

In this episode of Friends Talk Finanical Planning, Bridget Sullivan Mermel and John Scherer discuss smart strategies for parking your idle cash to ensure it's safe and earns a decent return. Whether you're dealing with an unexpected windfall, an emergency fund, or just trying to be smarter about your finances, we've got you covered! Key Topics Covered: - The pitfalls of keeping money in checking or low-yield savings accounts. - The benefits of online savings accounts and

In this episode of Friends Talk Financial Planning, Bridget Sullivan Mermel shares her personal experience of being hacked and provides valuable insights on how to prevent it from happening to others. She emphasizes the increasing prevalence of hacking on bank accounts and the need for individuals to be vigilant in protecting their financial information. Bridget recounts how she was targeted through a physical check and highlights the importance of sealing envelopes to preve

Will Schwab fail? Is @CharlesSchwab next to go down? With recent uncertainty at banks, Schwab is in the news for all the wrong reasons. Schwab's stock, SCHW, is down, and they issued a special statement. Bridget Sullivan Mermel and John Scherer talk through the different issues at play when we talk about recent bank failure. How does Silicon Valley Bank compare to Schwab? Why does the amount of FDIC insured assets matter? What does the term "custody" really mean? Why