Category: Financial Planning

Financial Health

How is Your Financial Health?

Your financial health is akin to your physical health—there are two ways you can go about managing it. Most people wait until something isn’t quite right or something needs attention. Then they try some medicine, go the doctor, or make changes to their lifestyle. The second path is one much less traveled: the preventative route. …
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March 12, 2024 0
Buckets

What is Your Money For?

Across most of the world, our American work ethic is perceived as crazy. There was an article in Business Insider called, 11 American Work Habits Other Countries Avoid at All Costs.1.  It named these: Crazy long hours Very little vacation time Not enough family leave Americans eat at their desk Breaks during the day are…
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January 30, 2024 0
Money

Should I Be Giving My Kids Money?

Over the weekend, I read commentary around a new book by a gentleman named Bill Perkins. The book is called “Die with Zero,” and the premises is just that—you don’t get to take it with you, so you need to enjoy it and attain fulfillment. This fulfillment, Perkins states, may include giving money to your…
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January 18, 2024 0
Stress

Too Much Information

Did you know as of 2023 there are over 1.13 billion websites on the internet?1 In 1996, there were only around 100,000. At what point, is there too much information out there? Have you ever tried to self-diagnose a few health symptoms? After Googling for a while, you might just learn you only have a…
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July 25, 2023 0
Outside the Box

Money Ideas No One Thinks Possible

Earlier this year, we shared a parable about a giant ship engine that quit working. Countless hours and money were spent hiring experts to do the job. No one could get it working. Then, along came an old man who had been working on ship engines since he was a child. He inspected the engine…
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May 24, 2023 0
8 Life Planning Issues

Preventative Financial Care

The August 2008 Money Magazine offered up an article of several successful individuals talking about the smartest financial advice they have ever received. Billionaire and CEO of Virgin records, Richard Branson shared a story about his lack of knowledge in the financial realm and being humble about what you don’t know. Have you ever noticed…
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April 19, 2023 0
Prioritize

Prioritizing Your Dollars

Money is tight for many families today. Just a couple of years ago, most Americans felt pretty good. We had higher than ever real wages, the government was pumping money into the economy, and prices were cheap. Today these are mere memories: Families are being squeezed by both inflation and the government pulling money out…
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March 16, 2023 0
Success

The Time Value of Success Issues

It doesn’t take rocket science to employ time value of money – it’s simply the power of time and compound interest. If you started saving $1,000 a month at 20 years of age and it earns 8% a year, this would mean you would have almost 5.3 million dollars at age 65. But…. If you…
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November 9, 2022 0
Drought

Are You Planning for a Financial Drought?

Imagine spending your entire life building a business only to wake up at 63 and find it isn’t worth anything. Most of us think, “how sad, but that won’t happen to my business…I have worked too hard or my industry is too strong or there will always be a need for what I do or….”…
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July 13, 2022 0
Graduation

Life After Graduation – What Should Your Kids Know?

Graduation is a major step for those important young adults in our life. Whether it be graduating from high school or graduating from college, a parent’s goal is always to see their kids launch successfully and stay successfully launched. How do you do that? Well, we have few ideas for you. The Cost of Living.…
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June 14, 2022 0

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