10 Mindful Consumer Habits to Embrace for a Sustainable Future
Life Story Financial Blog
by Michelle Francis
4d ago
In this era of rapid consumption, fast fashion and environmental concerns, adopting more mindful consumer habits has never been more critical—or more challenging. By making conscious choices with our purchasing decisions, we can collectively contribute to a more sustainable future for our planet. The add-on benefit? Consuming more thoughtfully can provide a more sustainable financial situation for you! This post explores ten mindful consumer habits that can help make a positive impact on the environment and promote a more sustainable lifestyle. From opting for eco-friendly products to sup ..read more
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Life Story Financial Celebrates Two Years of Empowering Women with 5 Key Initiatives to Elevate the Client Experience
Life Story Financial Blog
by Michelle Francis
2w ago
They say time flies when you’re having fun, which is why it’s hard to believe Life Story Financial is celebrating two years in business! My fee-only financial planning practice is focused on empowering women to take control of their money to achieve financial independence.     I launched my fully independent practice to better serve clients with a full-service approach to money that goes beyond just investing. I was someone who experienced bankers, insurance agents, and advisors only talking up their financial products, and worse, only talked to my husband. It helped me see the n ..read more
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Finding Harmony: Mastering Work-Life Balance for Busy Moms
Life Story Financial Blog
by Michelle Francis
2w ago
Being a mom is a full-time job in itself, but as I know all too well, trying to balance work and family life can often feel like an insurmountable task. The constant juggling act between meeting deadlines, attending meetings, scheduling appointments and driving to activities leaves many moms (myself included!) feeling overwhelmed and burnt out. However, it is possible to find harmony and work-life balance—at least most of the time! ;-) In this post, I'll explore practical strategies and helpful tips to help busy moms navigate the complexities of work and family life. From creating a sched ..read more
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The Rise of the Mindful Consumer: How Conscious Shopping is Transforming the Retail Landscape
Life Story Financial Blog
by Michelle Francis
3w ago
The retail landscape is undergoing a powerful transformation as consumers embrace the concept of mindful shopping. The rise of the mindful consumer is changing the way people think about their purchasing decisions and their impact on the world. In a world where fast fashion and disposable goods have dominated for years, consumers are increasingly seeking out brands that align with their values and promote sustainability, ethical production practices, and social responsibility. This shift in consumer consciousness has given rise to a new breed of brands that prioritize transparency, eco-fri ..read more
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Unlocking Financial Freedom: Your Guide to Becoming Financially Independent
Life Story Financial Blog
by Michelle Francis
1M ago
Are you tired of living paycheck to paycheck? Do you dream of being financially independent, where money worries no longer hold you back from living your best life? If so, you're in the right place. In this comprehensive guide, we will unlock the secrets to achieving financial freedom and provide you with actionable steps to become financially independent. Being financially independent means having enough money and resources to support yourself and your desired lifestyle without relying on others. It is about taking control of your finances, making informed decisions, and building a solid ..read more
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Understanding the Key Differences: Stock Awards vs Stock Options
Life Story Financial Blog
by Michelle Francis
1M ago
Does your employer offer a form of stock compensation that you're unsure about, such as stock awards or stock options? Understanding the key differences between stock awards and stock options is important for you to make informed decisions. In this comprehensive guide, we will delve into these two popular forms of equity compensation and explore their unique characteristics, benefits, and potential drawbacks. Stock awards, often in the form of restrictive stock units (RSUs) are a form of compensation where companies grant shares to their employees. These shares are usually subject to vest ..read more
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The Art of ETF Rebalancing: How Frequently Should You Make Adjustments?
Life Story Financial Blog
by Michelle Francis
1M ago
As an investor, one of the key decisions you need to make is how frequently you should rebalance your ETF portfolio. Rebalancing involves adjusting the allocation of different assets within your portfolio to maintain the desired investment strategy. But determining the right timing for rebalancing can be a challenge. In this article, we delve into the art of ETF rebalancing and explore the optimal frequency for adjusting your portfolio. We examine the potential benefits and drawbacks of different approaches – from annual rebalancing to more frequent adjustments. By understanding the fact ..read more
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Contemplating Your Passions and Redefining Your Career Path
Life Story Financial Blog
by Michelle Francis
1M ago
Working is something we all must do to pay the bills and prepare for the future. But somewhere between that time of just starting out with our first “real” job and eventually retiring, we end up seeking out more than just a job. Once our basic needs are met, we desire meaning and purpose in our professional lives. I’ve been so grateful to find that in my work as a financial advisor and want the same for my clients.  That’s why I was excited to talk to Heather Pridemore, a certified coach and the owner of Pridemore Coaching. She specializes in helping individuals find career paths that ..read more
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Navigating the Maze: Decoding the Complexities of Inheriting a Retirement Account
Life Story Financial Blog
by Michelle Francis
1M ago
One of the most common assets after the passing of a loved one is a retirement account. According to The CPA Journal, there are about 48.9 million households that own IRAs, totaling a whopping $5.4 trillion. Of these, 39 percent are held by individuals from the baby boomer generation. Given the significant number of older individuals holding IRAs, 401(k)s and other retirement accounts, a substantial transfer of assets is expected to occur from baby boomers to their heirs over the next two decades. With an overwhelming number of rules and regulations to decipher, many may find themselves u ..read more
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Rebuilding Your Finances: A Practical Guide to Recovering Financially After Divorce
Life Story Financial Blog
by Michelle Francis
2M ago
Going through a divorce can be emotionally and financially devastating. As you navigate the difficult process of ending your marriage, it's important to start rebuilding and recovering your finances. In this practical guide, we will provide you with valuable insights and strategies to help you get back on your feet financially after a divorce. Divorce often brings significant financial implications such as dividing assets, paying legal fees, and adjusting to a new financial reality. It's crucial to take proactive steps to regain control of your financial situation and plan for a secure fu ..read more
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