Transferring and Converting Foreign Currency: What Should I Know?

Transferring and Converting Foreign Currency: What Should I Know?

People who make aliya often need to transfer foreign currencies to Israel, while also converting that money into 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.

Cryptocurrencies and Speculative Investments: What Should I do?!?

Everyone is talking about bitcoin, bitcoin, BITCOIN! But everyone seems to have a different take from everyone else: it's brilliant, it's ridiculous, it's a great investment, it's a bubble that's going to pop very soon. Bottom line: should YOU invest in speculative investments and cryptocurrency like bitcoin, or should you stay far away - or even bet against them? Scott Kahn asks Baruch Labinsky these questions and more (like, let's admit it - what exactly is bitcoin, anyway?) on this episode of Finessing Your Finances.

Episode 6 - Newlyweds

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.

Episode 5 - Elder Care

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? Join Baruch Labinsky and Scott Kahn for an in-depth discussion of this important topic on the latest episode of Finessing Your Finances.

Episode 4 - The Successful Aliya

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.