Making aliyah brings with it many decisions regarding foreign currency, including when to transfer and when and how much to convert to shekels. Given the shekel’s continued strength, what do you need to think about before converting money? Should you follow the rates before converting money, or is that a fool’s game? What’s the best way to convert foreign currencies into shekels, and what are the various risks and rewards? Join Baruch Labinsky and Scott Kahn for a discussion that all olim and prospective olim need to consider when planning their financial present and future.
Everyone is talking about bitcoins. But what are they, what other cryptocurrencies are out there, and should you invest in them and make a fortune? Listen to Baruch Labinsky explain the pros and cons to Scott Kahn.
Along with the excitement of marriage come tremendous responsibilities, particularly in the areas of financial planning. How do you prepare your children to be financially independent when they get married? What can a young couple do to remain financially solvent when both husband and wife are still in school? Is there a “right” age to get married, from an economic perspective? Should a young couple concentrate only on their major financial decisions, or are the micro-decisions equally important? Join Baruch Labinsky and Scott Kahn as they navigate this important topic on the latest episode of Finessing Your Finances.
People today generally live longer than they did in the past, but not always with the capability to manage their finances as they did when they were younger. This places a heavy responsibility upon their children, who must be ready to look after their elderly parents’ financial health. What does this entail? What are some of the financial dangers that can affect the elderly, and how can their children protect them? How do you know that it’s time to step in and help? Listen to Baruch Labinsky and Scott Kahn’s discussion.
In our previous episode, Baruch Labinsky and Scott Kahn outlined the necessary steps in order to prepare for a successful move to Israel. In this podcast, they discuss the steps you should take once you have landed in Israel. Join them as they offer crucial advice for making your aliya dream a successful and lucrative reality.
There’s an old joke that the way to make a small fortune in Israel is to bring a large one with you; but nowadays, given Israel’s powerful economy, moving to the “Start Up Nation” can be lucrative indeed. Nevertheless, many challenges remain, and there are numerous factors to consider in order to maximize your chances of financial success in Israel. Join Baruch Labinsky and Scott Kahn for a discussion of how to best plan your move to Israel, while ensuring that you survive and thrive on a financial level.
The Israeli housing market seems to be on fire, but will that continue indefinitely? If you want to purchase a house, is now the right time? How is this all related to the sinking dollar and the rising shekel? What is the Israeli government doing in order to lower housing prices – and will these measures hurt you if you already own a house? Join Baruch Labinsky and Scott Kahn to get the lowdown on buying your dream house in Israel.
Parents often have a difficult time balancing the twin ideals of giving their kids money with which to enjoy the summer, and teaching them to be financially self-sufficient. Join Baruch Labinsky and Scott Kahn as they discuss how to help your teenagers become financially responsible without sacrificing their opportunity to enjoy summer vacation.
Baruch Labinsky was recently interviewed and asked for his opinion and advice re crowdfunding as an investment vehicle.