Katy Song Financial Planning

06/16/2022

Time to panic?

As you can see from the chart, the market has had a rough year with the end of January and February dropping meaningfully. Russia’s war in Ukraine might have helped this downward trend. And the fall c

10/27/2021

My fav financial planning shaman has a brilliant way to help you improve your spending habits.

Check out https://learn.behaviorgap.com/ .

Save 25% with this code naxfcsf until November 30, 2021.

The Spending Practice DO YOU STRUGGLE WITH BUDGETING? Understand your spending habits and bridge the gap between your values and budget. Carl Richards teaches you simple daily routines that spark awareness, then action, to direct your spending where it matters most. No budgets. No limits. No judgeme...

07/14/2021

By 40, Fidelity suggests you have 3x your annual income saved and invested for retirement. Are you on track?

You should aim to retire with at least 10 times your annual income in savings, according to Fidelity. Here are the goals you should hit in your 30s and beyond.

01/11/2021

For 2021, create a Micro Financial Plan to set reasonable goals and achieve immediate results.

12/14/2020

Is it time to refinance? Read on to find out if it is the right time for you.

Rates are at lows that I have never seen. The US weekly average rates were 2.71% for a 30 year fixed and 2.26% for a 15 year fixed for the week of 12/10/20. Over the last ten years, you can see on the chart below that these rates are rock bottom for fixed rate

07/29/2020

Guessing about other people's finances and making up stories is bad for you. Read to find out why.

We make up stories in our head every day to explain things around us. If a neighbor buys a new car, we think they must have gotten a bonus or done really well to afford such a luxury. Or if someone new moves into the neighborhood, we make assumptions about how they got the money to buy

06/25/2020

I totally agree with Craig. Adding an ADU is a great way to add functionality and value to your home.

Generate a passive income stream and add value to your home with an ADU - the housing of the future.

06/23/2020

Love sharing client stories. Real people, real success.

I first starting working with Dan and Robin back in October 2012 when they were in their early thirties, newly married and just starting their lives together. At the time, they were earning around $230,000 per year and were never big spenders. Their monthly outflow was around $5,600 per month, which...

04/14/2020

Helpful reminders during uncertain economic times.

Regardless of the cycle we're in, we believe that fear and greed are two emotions that should be kept out of your investment decisions.

03/06/2020

Insight and tips into the scary process of renovating and getting permissions.

Learn how to get a permit, what the permitting process is and why working with an architect can help you immensely for new builds and renovations.

01/05/2020

It's almost Chinese New Year. Read what the year has in store.

Say goodbye to the Year of the Pig, and hello to the Year of the Rat, the first year of the 12-year Chinese Zodiac cycle. Last year, the Pig was supposed to symbolize wealth and generosity, and be a calming force in world events. Hmmm, not so sure that manifested. The Rat is all about

10/02/2019

Am I the only one who hates book clubs?
How about staring a Money Club instead?

I hate book clubs. I have tried a few over the years and find that either I’m the only one who reads the book, or we talk about the book for five minutes and spend the rest of the time drinking wine. Not that there is anything wrong with that, it just isn’t for me.