Today, Mary Beth is joined by Abacus advisor, Emily Benedetto to discuss financial planning for families with young kids. Emily brings a wealth of knowledge and practical advice for young parents grappling with the new financial responsibilities that come with expanding their family. Mary Beth and Emily discuss everything from managing emergency funds, life insurance, the importance of discussing money openly, to how to save for your children's future. Whether you're expecting your first child or navigating financial planning with little ones running around, this episode is packed with valuable insights.

For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.

• The reason having an emergency fund is a necessity, especially with young kids
• Some savings adjustments you can make to continue to focus on your financial goals and meet the needs of your littles
• Two things you should take care of within the first year child’s life
• How to manage the cost of childcare and other options to consider
• When right time is to be thinking about your kids’ college savings
• The importance of revisiting your financial plan once your child has been born
• Ways to make ends meet without breaking the bank
• Adjustments you can make to your financial decisions, so it doesn’t feel like you’ve pushed your financial goals aside for your kid
• The importance of having open discussions with your partner about money

• How to Teach Your Children About Money with Gabe Brenner

• Reach out to Email at Emily@abacuswealth.com or on LinkedIn
• Connect with Mary Beth on Twitter, Instagram, and on LinkedIn
• Connect with Neela on Twitter, Instagram, and on LinkedIn
• Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn

In today's episode, Mary Beth and Neela demystify the world of investing. They explore the crucial differences between saving and investing, underscore the importance of starting early to take full advantage of compound interest, and explain why diversification is your best defense against market volatility. Whether you're a seasoned investor or just starting out, this episode will equip you with the knowledge to make wise investment decisions and set you on the path to financial security. Get ready to transform the way you think about money, as we break down complex financial concepts into easy-to-understand language. Let's dive into the basics of investing and learn how to let your money work for you!

For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.

• The best way to leverage the power of compound interest and maximize wealth accumulation
• Inflation explained and how to outpace it
• Why diversification is so crucial to your financial success
• How to approach your emotions around investing
• The reason to focus on long term planning for your investments
• Sorting out the differences between saving and investing
• How to evaluate and understand your risk tolerance
• The best way to get started on your investment journey

• Connect with Mary Beth on Twitter, Instagram, and on LinkedIn
• Connect with Neela on Twitter, Instagram, and on LinkedIn
• Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn

In today's episode, Mary Beth Storjohann, CFP® and Neela Neela Hummel, CFP® dive into common misconceptions and hidden truths about retirement planning. They unpack quotes and beliefs about retirement, investing, and saving, providing clarity on important financial concepts that directly impact your retirement future. Tune in to see if you know which of these sayings are true and which ones are lies!

For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.

• Why you should examine your retirement plan before approaching retirement age
• Why it’s important to start early when saving and investing
• How to approach Social Security when it comes to retirement planning
• The truth about long-term healthcare costs and what to consider
• Why even saving a small amount consistently can help in the long run
• How to approach retirement if you are a small business owner
• The difference between saving and investing
• Tools to leverage for retirement planning

• Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn
• Connect with Mary Beth on Twitter, Instagram, and on LinkedIn
• Connect with Neela on Twitter, Instagram, and on LinkedIn