You want to know the big secret? Well here it is. Most American’s fight a losing battle with regard to their finances. You see, money is not the enemy. Your earnings are not the enemy. Hell, your boss isn’t even the enemy. Time is the enemy. Read the rest! »
Financial fitness is a product of small actions that are carried out consistently over a period of time. Given that the end of another calendar year is approaching, it is now time to set out a financial plan of action to achieve financial fitness. Here are a list of actions that, if followed, can go a long way in making you financially fit: Read the rest! »
At some point in our lives, we have all failed to research different investment or mortgage or insurance options, failed to “do something” with our debts, and failed to figure out how to best structure our affairs for tax or even estate purposes. Read the rest! »
The American Institute of Certified Public Accountants released a report recently which argues that Americans between the age of 25 to 34 face an “uncertain future due to poor financial habits.” While its conclusion may be correct, its analysis is flat wrong. Read the rest! »
Too often we get caught up in our lives to worry about finances. The problem is that finances are in many cases why our lives are so hectic. This phenomenon is all too common. I say “we” because I face the very same difficulties - even though I am a financial advisor. Read the rest! »
As my financial planning career is winding down, I often think about the characters that I have met along the way. There are a lot of lessons to be learned from life, so I thought I would share a few stories that I have picked up along the way. This story is about a carnival employee (i.e., a “carnie”) - one of my favorite clients. Read the rest! »
Leverage is everything. Understanding leverage and how to take advantage of it is the first step to understanding your finances and to amassing wealth. Read the rest! »
Our doctors tell us to lose weight, eat well, exercise, and avoid stressful activities. Our financial advisors tell us to earn more, spend less, and plan for tax, estate, and insurance contingencies. Read the rest! »
There are a number of good reasons to loan money to family members and friends. Sometimes it is to help finance the purchase of a first car or home or to help cover periods of unemployment or retirement situations. Regardless of the reason for making the loan, there are some basic steps that must be followed when making any such loan. Read the rest! »
