The “Freedom To” Future
Key Takeaways The current generations heading in to retirement no longer like to use that word as it holds a negative connotation, instead, think of that life transition as freedom from to freedom to. The Millennial generation has a different outlook from previous generations in terms of how they want their life to look and […]
Tax Planning – Not Just for the Wealthy
Key Takeaways While taxes may be certain in life, there are tax advantage strategies that can help lessen the toll taxes can take on your money. There are three tax advantage benefits to look for when we talk about tax planning: tax deductible, tax deferred, and tax free. Yearly tax planning can save you a […]
All Together Now – The Wealth Portal
Key Takeaways There are many apps out there that can help you track your finances separately, but it’s cumbersome and time consuming. A wealth portal puts all your finances in one place, providing you with a quick summary that you can easily glance over once a week to ensure nothing is amiss. Using a wealth […]
Save First, Spend Second
Key Takeaways If you want to build wealth successfully, you need to save first and spend second. The rule of thumb when it comes to saving is to save about 15%. If you spend first, you can get used to the niceties in life, and then it can be very hard to have to go […]
Time is Money
Key Takeaways Many times, we look at the cost of something and don’t think about the implications of what that cost can do to help give us our time back. You might have the opportunity to work a few more hours, do a side gig, or do something else to help earn that little bit […]
Half the Clothes, Twice the Money
Key Takeaways When we get ready for a vacation, we typically pack too many clothes and don’t budget enough money. When we make big purchases, we tend to forget all the associated costs that come with buying the item. If you plan in some extra money beyond the main cost of what you are purchasing, […]
Going Once! Going Twice! Sold!
Key Takeaways There are a lot of emotionally driven triggers out there to buy things we may not necessarily need. Before making a big purchasing decision, ask yourself a few questions to determine if you really need it, or you just want it, and how the purchase will affect you and others. It’s important not […]
The 4 Key Habits
Key Takeaways There are 4 key habits you want to practice that will help you in all areas of life, but especially in your job. These 4 habits are showing up on time, doing what you say you are going to do, finishing what you start, and saying please and thank you. Practicing these 4 […]
Finding Your CAT
Key Takeaways When we first start off in life, we don’t always have the money right away to pay for financial services. Building yourself a CAT, or Collaborative Advisory Team, can help you get the financial services you need. As your wealth grows, so will your CAT as you continue to add other financial professionals […]
Money’s 4 Corners
Key Takeaways There are 4 money corners to think about: save, spend, tax, and invest. If you save 15% of your income first, then look at spending on your needs, then your wants last, you will be in good financial shape. Diversifying your investments will ensure you are able to better handle an economic downturn.