What Happens with Your Assets in a Divorce? By Dalia Rodriguez Divorce can be an emotionally draining experience, but it can also take a toll on your finances. It’s important to consider financial implications, such as changes in income and expenses, and adjust financial plans accordingly.  The division of assets in a divorce varies depending on the state or where the divorce occurs. Understanding the legal process and state laws on assets in your state can help you mitigate other potential implications in your life.  So, How Do Assets Get Divided in a Divorce? The assets are us ..read more

Don’t Fall For the Fad! By Dalia Rodriguez The diet industry is a multi-billion dollar business that profits from people’s desire to lose weight. It’s no secret that it pays influencers to share their “diet secrets” to shape people’s health and weight loss thinking. Sometimes, celebrities, nutritionists, or other health professionals promote these diets that quickly gain popularity and become diet fads.   What is a Diet Fad? It is a diet that becomes popular quickly and often disappears just as quickly, becoming a harmful trend. They promise quick and easy re ..read more

Tucson, AZ – 3rd Decade is excited to announce the appointment of two new board members, Sherri Trombley, Director of Business Consulting & Education with Charles Schwab Advisor Services, and T.J. Mitchell, Chief of Staff for Maricopa County Supervisor Bill Gates.  “It is an honor to welcome Sherri and T.J. to our dedicated and supportive board of directors, and we look forward to their commitment to our mission to provide life-changing financial education and mentoring to our participants,” said Joe’Mar Hooper, Executive Director of 3rd Decade.  “We are excited for the diverse ..read more

Thinking Ahead For The Hidden Home Expenses of Homeowning By Nikita Wolff Maybe your landlord just raised your rent for the 3rd time, and you’re starting to ask yourself: “Is renting really worth it anymore? I’m just throwing away this money after all”.  Many of us were raised with the belief that the financially successful purchase and own homes, while those who don’t are doomed to never get ahead. It may be why so many of our participants are pleasantly surprised to learn that a middle-ground on the rent/buy debate actually exists – and for good reason. Hidden Home Expenses Owning a hom ..read more

And Why They’re Important By Logan Matura In the past ten years or so, there has been a significant rise in couples exploring the option of entering into premarital agreements, especially younger couples in their 20s and 30s. A premarital agreement (also commonly called a prenuptial agreement or a “prenup”), by definition, is a written contract in which an engaged couple states their rights and responsibilities regarding premarital and post-marital assets and debts, including what would happen should their marriage end in divorce. Traditionally, many soon-to-be-married couples try to avoid the ..read more

How our relationship with money affects our emotional well-being. By Dalia Rodriguez Childhood experiences often shape our worldview and can leave deep emotional scars impacting our adult life. It can feel like a heavy weight is preventing us from moving forward. That weight is known as emotional baggage, and if by now you’re thinking and asking yourself about your luggage, the answer is yes, we all carry some! But What Exactly is Emotional Baggage? It refers to unresolved emotional issues that affect present behavior and relationships — unresolved traumas. According to this research, the load ..read more

By Dalia Rodriguez As we celebrate Hispanic-Latino Heritage Month, I find myself reflecting on how many of my decisions are influenced by my culture and how they uncovered my money story. What is Culture? Culture encompasses many aspects of human life. At its most basic level, it refers to the shared beliefs, values, customs, and behaviors that characterize a particular group or society. These elements are transmitted from one generation to the next through language, socialization, education, art, music, literature, religion, and other forms of creative expression. Ultimately, culture sha ..read more

By Nicole Del Percio A reverse mortgage is when a homeowner relinquishes equity in their home in exchange for regular payments to supplement their income. The lender pays you based on a percentage of your home’s value.                               Primaryresidentalsf.com According to the Wall Street Journal, less than 2% of homeowners have a reverse mortgage. So why are we talking about it? Many of us are at an age where our parents might be thi ..read more

An op-ed on the personal financial, physical, and mental benefits of an alcohol-free year By Nikita Wolff Many of us have enjoyed raising a glass to celebrate special occasions, to decompress after a stressful day at work, or while socializing with friends. However, it’s becoming increasingly common that people are re-evaluating their relationship with alcohol. I found myself among those questioning the relationship, so I embarked on a committed year without alcohol in November of 2022, and in this blog, I’m sharing the various benefits I’ve found. How did I come to this decision? I guess I w ..read more

From Viral Videos to Real-world Impact: Unpacking the Pros and Cons of TikTok Financial Advice By Nikita Wolff Hey there, fellow finance enthusiasts! If you’re like me, your interest in personal finance may have landed you on a certain side of TikTok. The platform has made waves as an educational place in general, with plenty of creators showing their audience how to do things like change a tire, properly clean their washing machine, and disassemble their stove-top. But what makes taking financial advice from strangers any different? Well… your retirement could be on the line.  We’d be re ..read more