Financial Planning

Progress–But Still Room For Improvement

In November 2016, I wrote a blog post sharing my bullishness on the financial services industry. I’m even more bullish now than I was back then, but I was recently reminded just how far the financial advisor community still has to go. Last week I was fortunate enough to have the opportunity to hear Ron Carson speak in Indianapolis and…

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Bigger Picture, Financial Planning

Financial Planning For Today

Every Friday I take Roman, Leo, and now Silas to breakfast at our local coffee shop (shout out to Geist Coffee); R&L get 2 donuts each (I usually get to finish between 1/2 to a whole donut), Silas gets a banana, and I get a bacon, egg and cheese sandwich with a cold brew…no deviation from the order. Every. Friday.…

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Financial Planning

Assets Minus Liabilities

Assets – Liabilities = Net Worth For young professionals focusing on goals like college funding or retirement is important, but it can be daunting. Early in your career, it can be difficult to really get the needle moving on the probability of success for your long-term goals; you’re most likely earning the least you will in your career, probably have…

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Financial Planning

No Buy July

Note: While I came up with the idea to not spend in July on my own, I have to give credit to my friend, Katelyn Marando, who is doing a similar thing and dubbed the name No Buy July. Katelyn has a great blog geared toward healthy eating and living, you should definitely check her site out at www.katelynmarando.com. June…

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Financial Planning, Insurance

The Reddit Insurance Fiasco

Infuriating. Insurance salesperson poses as a “financial advisor”, gives a “plan”, uses it to sell unwanted product. THIS is why we need a fiduciary standard. “r/personalfinance – My husband and I are idiots. We’ve been bamboozled by a financial advisor.” https://t.co/5dhE6lNfkg — MichaelKitces (@MichaelKitces) June 3, 2018 Earlier this week Michael Kitces shared a Reddit thread highlighting a couple who…

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Financial Planning, Millennials

Peer Pressure

“Without 40, Oli, there’d be no me. Imagine if I never met the broksies.” -Drake, ‘God’s Plan’ Drake credits much of his success to his friends, especially Noah “40” Shebib and Oliver “Oli” El-Khatib; both have played critical roles in Drake’s rise to become one of the most popular artists right now—Noah on the music side of things and Oliver…

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