Marguerita M. Cheng, CFP®

Marguerita M. Cheng, CFP®

CEO, Blue Ocean Global Wealth

Marguerita M. Cheng is the Chief Executive Officer at Blue Ocean Global Wealth. She is a CFP® professional, a Chartered Retirement Planning Counselor℠, Retirement Income Certified Professional and a Certified Divorce Financial Analyst. She helps educate the public, policymakers and media about the benefits of competent, ethical financial planning.

Beyond Financial Literacy: What You Need to Win with Your Money
A woman raises her arms in celebration.
personal finance

Beyond Financial Literacy: What You Need to Win with Your Money

Having healthy finances takes more than a firm grasp of the financial basics. You need to work on your financial wellness and resilience too.
April 19, 2022
7 Financial Planning Strategies for Your Own ‘Great Resignation’
A man in a business suit and carrying a briefcase sprints off into the distance.
careers

7 Financial Planning Strategies for Your Own ‘Great Resignation’

Anyone itching for a career change is in good company right now, but they need to think a few things through before taking the leap.
January 26, 2022
How to Just Say No to Binge Spending
Someone pushes a red button that is labeled "No!"
Smart Buying

How to Just Say No to Binge Spending

Don’t let emotions steer you into buying things you don’t need or can’t afford. Know the warning signs and follow these tips.
January 14, 2022
How to Handle an Increase in Your Long-Term Care Premiums
A man looks out a window with a concerned look on his face.
long term care insurance

How to Handle an Increase in Your Long-Term Care Premiums

The cost of long-term care insurance keeps rising, and if your premiums are becoming unaffordable you should know that you have options. Here are five…
December 27, 2021
Personal Finance Tips from the Year of the Ox
A Chinese New Year display of a red ceramic ox, red tassels and red envelops.
personal finance

Personal Finance Tips from the Year of the Ox

With Chinese New Year upon us, it’s time to reflect on money and career lessons we could learn from 2021’s animal: the ox. Oxen are honest, diligent a…
February 12, 2021
Practical Financial Tips for the 'Sandwich Generation'
retirement

Practical Financial Tips for the 'Sandwich Generation'

Many people are stuck in the middle, caring for parents and children at the same time ... and they are getting squashed, emotionally and financially. …
May 29, 2020
Wealth Lessons from the Year of the Rat
retirement

Wealth Lessons from the Year of the Rat

Chinese culture portrays rats as ambitious and cunning, and anyone trying to get ahead in the world and in their finances can take a lesson from their…
February 5, 2020
401(k), 403(b), TSP Contribution Limits Climb in 2020
retirement

401(k), 403(b), TSP Contribution Limits Climb in 2020

Your nest egg could get even fatter in 2020, thanks to new retirement savings account limits set by the IRS. Take a look at what your new savings goal…
December 5, 2019
The Best Impact Investing Apps
investing

The Best Impact Investing Apps

Investors need to know that they can make a difference, not just for themselves, but for the world, through impact investing. A number of apps and inv…
October 9, 2019
RMDs: When Do I Take Them and How Do I Calculate Them?
retirement

RMDs: When Do I Take Them and How Do I Calculate Them?

Required minimum distributions are a fact of life that most of us will have to face sooner or later. Demystify them by brushing up on the basics now.
April 29, 2019
Financial Tips, Thanks to the Year of the Pig
A person sitting at a desk, holding a pen, with a calculator, piggy bank and a stack of coins
savings

Financial Tips, Thanks to the Year of the Pig

Are you a pig? If so, congratulations, you're honest and kind. However, you might also be lazy, impulsive and naive. All of us can improve ourselves a…
February 5, 2019
Make Time to Help a Caregiver Out (or Just Say Thanks)
Caregiving

Make Time to Help a Caregiver Out (or Just Say Thanks)

Chances are pretty good that you know a caregiver who could use a break. As National Family Caregivers Month winds down, here are some practical ways …
November 27, 2018
It's Giving Tuesday: How to Make Your Gift Really Count
retirement

It's Giving Tuesday: How to Make Your Gift Really Count

Impact investing is a way to do more good with your money. With the season of giving upon us, here is how that works and some specific examples of how…
November 26, 2018
Respect Your Survivors By Creating a Will
retirement

Respect Your Survivors By Creating a Will

It's hard to believe that with an estate worth $80 million, Aretha Franklin died without a will. Let that be a lesson to the rest of us.
October 23, 2018
How Consumers Can Clean Up After Equifax Disaster
Scams

How Consumers Can Clean Up After Equifax Disaster

Everyone needs to take precautions in today’s world of constant data breaches. Here are six steps to protect yourself.
October 8, 2018
It's World National Financial Planning Day! Why Should You Care?
Financial Planning

It's World National Financial Planning Day! Why Should You Care?

Sandwiched between National Name Your Car Day and National Cinnamon Roll Day is World Financial Planning Day. Here's how you should celebrate.
October 5, 2018
My 15 Best Apps for Entrepreneurs and ‘Gigpreneurs’
business

My 15 Best Apps for Entrepreneurs and ‘Gigpreneurs’

When it comes to staying on top of work, schedules, files, calendars and travel, who couldn't use a little help? Here are 15 apps ready to boost your …
September 26, 2018
8 Great Personal Finance Apps to Try for Fun (and More)
Budgeting

8 Great Personal Finance Apps to Try for Fun (and More)

Budgeting, saving and getting out of debt probably don’t sound like a lot of fun, but app designers are trying to change that with an array of mobile …
August 24, 2018
My 10 Best Financial Literacy Apps for Kids
Two toddlers are dressed as adults wearing business attire featuring suspenders and a bow tie. Both of them wear thick rimmed eye glasses and are playing with coins, a piggy bank, money, and
savings

My 10 Best Financial Literacy Apps for Kids

Yes, learning about money management can be fun! Here are 10 apps that can help you teach your kids to save and spend wisely.
August 2, 2018
8 Personal Finance Apps to Try for Fun (and More)
Businesswoman check data in smartphone and tablet
Budgeting

8 Personal Finance Apps to Try for Fun (and More)

Managing money takes know-how, discipline and motivation. Traditional apps can help, but some new apps also use gamification to bring behavioral finan…
July 30, 2018
Some of the Best Apps for Sending Money Internationally or Domestically
Alushta, Russia - December 3, 2014: Woman holding a iPhone 6 Space Gray with service PayPal on the screen. iPhone 6 was created and developed by the Apple inc.
Technology

Some of the Best Apps for Sending Money Internationally or Domestically

From Zelle to Venmo and TransferWise, after comparing the options, here are some of the top choices, based on fees, ease of use and transaction time.
July 3, 2018
When to Claim Social Security: 3 Timing Scenarios
social security

When to Claim Social Security: 3 Timing Scenarios

Early, late or right on time? Those are the three Social Security claiming options. Here are three different people who chose three different strategi…
June 27, 2018
Why Trading in Bitcoin or Other Cryptocurrencies is Playing with Fire
Financial Planning

Why Trading in Bitcoin or Other Cryptocurrencies is Playing with Fire

You're probably aware that investing in bitcoin is risky in general, but let's take a look at the specific reasons why you could get burned.
June 8, 2018
Beyond Bitcoin: Promising Cryptocurrencies
Markets

Beyond Bitcoin: Promising Cryptocurrencies

In the crowded new world of cryptocurrencies, there are over a thousand altcoin options to consider (if you are the risk-taking type, that is). Here a…
April 27, 2018
Crypto Trading 101: Identifying Safe (Or at Least Safer) Cryptocurrency Exchanges
investing

Crypto Trading 101: Identifying Safe (Or at Least Safer) Cryptocurrency Exchanges

Before you take the plunge, take the time to do a series of background checks on the exchange you're thinking of using. Some have much stronger protec…
April 23, 2018
Top 6 Apps to Spring Clean Your Finances
Budgeting

Top 6 Apps to Spring Clean Your Finances

To help get a better grip on where your money is going, recommit to a budget or jump-start your savings plan, these handy apps are just a swipe away.
March 26, 2018
A Money Lesson for Newlyweds (and Other Lovers)
retirement

A Money Lesson for Newlyweds (and Other Lovers)

Roses on Valentine's Day are a romantic classic, but what's even better for a strong, happy marriage? Money harmony. And it all starts with an honest …
February 9, 2018