As John Mayer says in his hit song ‘Waiting on the World to Change’: “One day our generation is gonna rule the population.” He might not have been talking about my generation, or the younger generation specifically, but it still holds true for ANY generation. One...
In "car speak," the term "negative equity" exists when you owe more than your car is worth. We all value our own automobiles much higher than a dealer will often take in a trade. But it's what happens at "trade-in time" that can spell doom for your personal finances....
Why would anybody pay someone to evaluate their financial situation and not be truthful with that person? It seems like a waste of time, money and effort. Yet, we're all guilty of doing this exact thing! We all go to various professionals for help several times a...
When we begin working with new clients, we try our best to explain investing is (to some small degree) a participation sport. Clients need to be involved! And for the most part, clients get it. I'd like to believe we do a good job of explaining what's needed and we...
We have a lot of clients who work for municipalities. These folks often have the ability to "retire" at massively different ages than other folks. And that's great for them. But it's forced us to use different "language" when talking with clients. A client (we will...
Over the past couple weeks, we've seen some interesting financial situations stroll into our office. It's odd how people in better financial shape are often the ones concerned they aren't going to have enough money to retire comfortably. The people in worse...
To conform is human. During the Stone Age, our ancestors learned to fit in with their tribe. If they didn’t adopt the tribal culture, they were banished. Being banished was essentially a death sentence, so humans learned that fitting in was a pretty solid survival...
I've grown very fond of a feature within The Weather Channel app. It's called the GoRun Index. The index uses a 1-10 scale to rate running conditions. 1 indicates difficult conditions and 10 indicates prime conditions. What I like about the GoRun Index is that it's...
According to an article published in 2015, approximately 64% of Americans do not have a Will. My question to those (nearly) two-thirds of Americans without a Last Will and Testament is this: what are you thinking? There are apparently lots of folks who (mistakenly)...
An estate plan is one of those things many people think they DON’T need, but everyone SHOULD have. There seems to be a misunderstanding among people today that only wealthy people need to have an estate plan. That couldn’t be more wrong. Do you have a bank...
