This weekend, we sprang forward an hour in an attempt to have more daylight during the hours that most people are awake and active, However, as my friend Cody pointed out, some people seem to be having difficulty getting the name right. (Don’t worry about his Twitter name. I have no idea what it means, either.)
Financial Planning
Work Together
3 minute read
I think that financial planning should be seen as a team sport rather than an individual sport. It’s less like swimming or running or bicycling and more like basketball (the best sport – you can quit reading now if you disagree). Yes, you can have a superstar like Michael Jordan or LeBron James who can do a ton and maybe even carry the team to the championship, but ultimately you need a team that works together towards achieving a common goal to make all of the right plays and all of the right moves at the right times to be successful. A superstar can do amazing things on the court, but they can’t even shoot the ball without someone there to pass it to them from out-of-bounds.
One of The Biggest Holes In Your Financial Life
4 minute read
Once you have a solid financial foundation in place, it’s time to move on to begin tackling more detailed financial matters and start painting a more complete financial picture. A lack of estate planning documents is a hole that most people have in their financial plan. These are the things that no one really wants to think about, which makes it easy to push them off and say, “I’ll get to it.”
What’s Next?
2 minute read
Building your personal finances is sort of like building a house; without a strong foundation in place either is likely to crumbled when a storm comes along. Once a solid financial foundation is set, what are some other things that you can work on to further build out your financial house? No one wants a plain, bare house, right?
Start Simple
3 minute read
Many people don’t do something that they perceive as being difficult because they feel like they don’t know enough about it and have no idea where to start, feel intimidated and/or embarrassed, or just don’t like change. Whether it’s starting a new diet, beginning to exercise, or searching for a new job or career, too often people are content with the status quo because change is overwhelming and they don’t want to have to do something uncomfortable. This is often the case with personal finances.
A Little Late
3 minute read
I’m a terrible blogger. Valentine’s Day has come and gone, and I didn’t even write a stereotypical V-Day money post. So, here it is. Most people probably aren’t in love with their current financial situation, but most people also aren’t proactive about doing anything to make it better. Working towards a financial state that you love doesn’t have to be too difficult, but it does require making positive decisions on a consistent basis. And that can be hard for some people.
Update Often
3 minute read
You wouldn’t only exercise once per year if you had a goal to become healthier, you wouldn’t only read one article per year if you had a goal to learn about something, and you wouldn’t only write one day per year if you had a goal to finish a book. You shouldn’t only pay attention to your personal finances once per year if you have goals that require money to achieve them. Life is busy and can change quickly – the same can be said for your personal financial situation. Not being intentional with your resources on a consistent basis can lead to lost time, lost ability, and lost opportunity.
Why You Should Use A Young Financial Planner
4 minute read
Age is just a number, right? That’s what they say, at least, but young people who are early in their careers sometimes are looked down upon or seen as inexperienced simply because of their age. However, age doesn’t reflect competency, and sometimes it doesn’t necessarily reflect experience. There are many benefits to working with a young financial planner rather than an older one.
Why You Need A Financial Planner Who ALWAYS Acts As A Fiduciary
3 minute read
Did you know that anyone can call themselves a financial planner? Did you know that all “financial planners” aren’t required to always act in your best interest? Did you know that some financial services professionals are incentivized to not do what’s best for you? Those who do things the right way in the financial planning industry can receive a bad rap because of those who act unscrupulously and don’t treat clients how they should. However, there are many who ALWAYS put their clients’ best interests first.
Why Young Professionals Need A Financial Planner
5 minute read
You just graduated college and you want to have some fun and enjoy your new income. You just got married and you don’t want the stress of talking about how to combine your finances. You just had a kid and you don’t think you have the time figure it out. You don’t have enough money to work with a financial planner. There are so many excuses that young professionals make to avoid becoming financially responsible at an early stage in their careers, but you shouldn’t wait until your 30s or 40s or 50s to take responsibility and start being intentional about your financial life. Time is the biggest asset that young people have on their sides.
