If you wanted to leave some money to your children, how would you split it between them? You could come up with numbers based upon their likely need for help. Or you could simply divide it equally…after all you love them all, well…equally. Equal distribution is probably the most common way of dividing assets. Yet, what about the situation where one of the kids is very successful financially and has no need for your money? What message does an unequal gift send?
About Jeff StofferJeff Stoffer took the road less traveled on his journey to becoming a financial planner. Following his degree in Cultural Anthropology (B.A. University of California, Berkeley), Jeff ventured into a different passion: gourmet cooking. Staying local, he became chef at Chez Panisse, a renowned restaurant that has received accolades from diners and critics around the world. However, the world of investments continued to intrigue him, and he subsequently earned an MBA in Finance from California State University, Hayward.
Soon after, he left Chez Panisse and earned his Chartered Financial Analyst (CFA) credential. For nearly a decade, Jeff worked as an analyst and portfolio manager for large firms in San Francisco. After earning a Certified Financial Planner (CFP®) accreditation in 2007, Jeff decided to go where his passion truly lay: helping people one-on-one. He has also served as a board member of Whistlestop and a mentor for 10,000 Degrees (formerly the Marin Education Fund).
Just as he advises his clients, Jeff continues to plan ahead and look forward to his eventual retirement — a time when he plans on touring Europe and South America on a motorcycle.
For more on Jeff Stoffer, visit his website at Stoffer Wealth Advisors.
By Jeff Stoffer| 2017-07-01T11:37:56+00:00 June 23rd, 2017|Categories: Business & Finance, Buying, Featured Author, Spending, Top Stories, Women and Finance|Tags: comforts, financial security, Happiness, Home Headline, Money, Pursuit of Happiness|
Scientists have long been perplexed about how to measure such a thing as happiness. Studies that examine relationships between money and happiness raise the idea that although money may not directly bring us happiness beyond taking care of our basic needs, it has the potential to add peripheral benefits that can lead to more happiness.
By Jeff Stoffer| 2017-06-27T16:10:04+00:00 June 22nd, 2017|Categories: Business & Finance, Buying, Featured, Featured Author, Headline, Popular, Spending, Top Stories, Women and Finance|Tags: buy, experience, Happiness, Home Headline, Life, memories, Money, spend, wealth|
Money does not just buy things but also experiences. How many beautiful memories come to mind because you gave yourself permission to spend money on a new experience or adventure.
By Jeff Stoffer| 2017-05-29T14:39:23+00:00 May 29th, 2017|Categories: Business & Finance, Buying, Featured, Featured Author, Saving, Spending, Top Stories, Women and Finance|Tags: Beliefs, Happiness, Happy, Home Headline, Money, Pleasure, Pursuit of Happiness, Spending, Survey, Thrill|
We use money every day but perhaps money and happiness doesn't even belong together in the same sentence. Does money truly make you happy? Do we usually make money decisions based on emotions, not facts?
By Jeff Stoffer| 2017-02-23T12:31:50+00:00 February 10th, 2017|Categories: Culture & Life, Family, Featured, Featured Author, Relationships, Top Stories, Women and Life|Tags: advice, attorney, Culture Headline, Divorce, Finances, financial planner, help, Home Headline, life after marriage, Relationships, Therapist|
The upheaval in your life circumstances may unleash a wellspring of emotions, making it difficult to think clearly. You are faced with many hard decisions at a time when your judgment is likely to be clouded. Getting help to sort out the emotions is absolutely necessary.
By Jeff Stoffer| 2017-01-23T11:30:04+00:00 January 19th, 2017|Categories: Business & Finance, Dating, Popular, Relationships, Saving, Spending, Top Stories|Tags: Business Headline, dating and money, Finances, Financially independent, gender equality, Money issues, Relationships|
Ultimately, this discussion was not so much about who should pay, but more about the feelings that can arise around money based on each person’s past experiences and beliefs. Projecting these emotions onto the situation without examining them can derail the relationship before it even gets started.