April is financial literacy month, a month focused on expanding one’s knowledge on a wide range of financial topics. Raising awareness on better financial decisions may lead to a more secure future. How? Perhaps by reading more, listening to podcasts, or...
Every investor should evaluate their cash reserves before selecting an investment/s. Integrating your cash and investments together into a financial plan can be as simple or complex as your life requires. Let’s look at three different investors at varies life...
There’s a sea of information for investors to sort through today. Our opinions and experiences shape how we handle money. As ideas become organized in our head, we establish a foundation from where decisions can be made. Over time, we manage new information and...
Regardless of your age, cash flow determines your choices. Everyday decisions such as what we spend, where we live, and the destination of our next vacation are all cash flow based. Cash flow arrives from various sources including full-time employment, a side...
Let’s clear up the confusion between risk and volatility when investing. Risks are real and consistently evolving. This requires an investor to periodically re-assess their exposure and comfort level. Examples include liquidity risk which is failing to set aside...
Managing financial decisions are just as important as maintaining your health. Both require you to be intentional with your time and resources. Our happiness with our current dollars and fitness can often be tied to who we compare ourselves to. It’s natural, at the...
Tax diversification plays a key role in retiring successfully and staying successfully retired. Investors who embrace this approach while accumulating their wealth will have more choices at retirement. A challenge all investors face is the ever-changing tax...
SECURE 2.0 was signed into law December 29, 2022. Employer retirement plan, IRA, and 529 education plan changes are creating more choices for investors. Integrating these updates into your financial plan may allow you to make better, less reactive decisions...
A grocery list and financial planning may have more in common than you think. Both are created with purpose by outlining necessities with some degree of time sensitivity. Both allow you to get more done instead of organizing items in your head. Consider these tips...
Try a new approach to your goal setting this January, read this book; Atomic Habits, An Easy & Proven Way to Build Good Habits & Break Bad Ones by James Clear. New year’s resolutions are good, but often lose their stickiness as life gets busy. Many have a...
In two weeks, a new year begins. What financial strategies can assist investors in getting closer to what they want? Knowing what you want to accomplish and when before investing a dollar is valuable. The difficulty is many don’t have the answers they need when...
Planning for retirement can mean different things to different people. The word “retirement” may cause some to keep working indefinitely while others may be counting down the years/months/days. I believe it’s important to think about what you will do in retirement...