Karen Coyne, CFP® on LinkedIn: If your teen or young adult child has earned income, offer to make a… (2024)

PSA ‼️ If you are leading a conference breakout, webinar, or other event where you’ve indicated your topic will be how to XYZ, please describe, discuss and share how to XYZ.❌ Do NOT spend the bulk of your time gatekeeping and pitching.💎 The irony is that when you share in glorious detail how to XYZ, a number of us realize how much help we need. There’s no way we want to attempt to execute these black diamonds on our own. We are more interested in learning how you can help us.⛔️ In contrast, when you gatekeep and pitch too heavily, it’s a turnoff. An hour talk that delivers less than 5 minutes of valuable content is a giant missed opportunity to educate, enlighten, and grow your business. Signed,Someone who has attended several recent virtual events, including one that was a HIT and one that was a giant MISS.

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I recently came across a heartbreaking post in a FB group I belong to. A woman lost her fiancé in a tragic workplace accident. To add to her trauma, they did not have jointly titled assets, named beneficiaries on accounts, or wills. Unfortunately, due to his weight, he had been denied life insurance. And because they were not yet married, and there were no documents clearly stating his wishes, she was not entitled to a default share of his estate as a spouse often would be. This shocked her, she had no idea that she had no rights as a fiancée. Although they were building a life together, she was left with absolutely nothing. She was blindsided twice: first by the tragic accident, and then by the legal and financial consequences. The number of unmarried partners living together in the US has nearly tripled over the past 20 years, and will likely continue to grow. If you are unmarried, planning is particularly critical for you because you are not given the same rights and protections as a married couple. Blunders can (and do) still happen if you are married, so do not misunderstand, you don’t get a free pass if you are married—you have work to do as well. It often takes tragic stories like this one to spur people into action. In the comments of her post, numerous people noted that they also had no idea, or that they’ve been meaning to get around to and will now update beneficiaries, review life insurance, or take other actions. It’s why sharing these stories is so important and impactful. I hope that in her pain, she realizes how many others she has helped by sharing her story, and that may include you.

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I’ve always found it curious that speaking skills are valuable in about every role there is, and yet so few devote any extra effort to make improvements.A 4-week workshop is a great place to start!

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My son’s high school graduation ceremony last night started with a rainbow, saw some very dark skies, flirted with a heavy storm, felt some rain drops, and ended with another rainbow. What a fitting backdrop for these kids who were forced into lockdown and virtual learning their first year of high school.My kid wasn’t crazy about classes but loved supporting his friends and showing school spirit. There was fierce dedication to traveling to games, dressing up in costumes, painting chests—that kind of school spirit. These were some of the bright spots, especially bright after a lengthy period of social distancing.Congratulations to the class of 2024! May you continue to see the sun and rainbows amidst the storms 🌈

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Consistency paired with gamification is powerful!It’s also why I’m not ashamed to keep my streak going with meditation, 2 weeks post-surgery (hysterectomy).

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Have you considered what the future of work might look like?Join us for a thought-provoking conversation with guest 💡Janel Anderson, a futurist and leadership expert with deep insights into workplace dynamics and technology. In this episode, we explore workplace trends including the integration of AI, the focus on employee well-being, and embracing hybrid work.Regardless of what field you work in, the size of your organization, and whether you are a seasoned leader or just starting out in your career, the future of work affects all of us. Tune in to Money Without Math for a glimpse into the future!#FutureOfWork #Leadership #AI #WorkplaceWellness #HybridWork #MoneyWithoutMath #Podcast

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One of the top stressors I see around money is organization—from corralling old accounts to managing logins and so much paper. And if something happened to us, say if we were hit a by a bus, would our families know where to find everything? Would they be able to access accounts as needed? Are the accounts properly titled and the beneficiary designations correct?Many of us have the best intentions to “get around to it” and better organize these items, but without a known deadline, a plan of action, and some support, most of us won’t. This is what led me to select “In Case You Get Hit By a Bus” as our theme in the Clarity Community this year. By working through these tasks together, we are more likely to be in action and stay accountable.In our recent meeting, we were fortunate to be joined by Abby Schneiderman and Adam Seifer, co-authors of "In Case You Get Hit by a Bus" and co-founders of the digital tool Everplans. Both Abby and Adam emphasized that organizing your affairs isn’t just about dying—it’s also about living, with less stress and anxiety, and more freedom, knowing that you haven’t left a mess for your family and friends. Death is the only unavoidable life stage we face and yet the one that is most likely to be avoided in terms of preparation and planning. We will be sharing resources and continuing to meet and discuss the book throughout the year, so please contact me if you’d like to join us.

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Ever felt stuck in a rut professionally? Well, you’re not alone! Catch our latest podcast episode where Danielle McCombs, spills the tea on switching gears from a demanding career in corporate real estate to becoming a life coach. 🌆➡️🌱🔥 Episode Vibes:*From NYC to San Francisco: Danielle chats about her big move and the leap of faith from corporate hustle to life coaching.*Real Talk: Both Danielle and I get real about overcoming self-doubt and the power of having people in your corner.*Choosing Your Path: We delve into living life on your own terms, away from the pressure of societal checklists.🔑 Top Takeaways:- Pause and Reflect: Carve out time to really reflect vs going through the motions.- Lean on Your Squad: Transitioning in life gets a bit smoother with solid friends or a coach by your side.- Redefine Success: Forge your own definition of success that resonates with your values, not just what’s expected.🌟 Tune in for a dose of real-life inspiration and maybe pick up some cues for your own journey. You can find us on Spotify!Feel like chatting more? Connect with us here.#PodcastLove #LifeGoals #CareerChange #PersonalGrowth #RealTalk #MoneyWithoutMath

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It’s not too late to register for the Clarity Community Call tomorrow! We will be joined by Abby Schneiderman and Adam Seifer, co-founders of Everplans and co-authors of the book “In Case You Get Hit By a Bus.”Join us at 12:00PM ET for this critical conversation. Already registered? Extend the invitation to your close friends and family to join you. Registration link in the comments.

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