Recently, I had a client send me an email asking some questions about the security of her accounts shortly after the Equifax credit hack was announced that had just taken place from mid-May until mid-July 2017. My client wanted to know if her money was safe. She could envision someone calling in with her social security number or her address to the different companies we had placed some of her money with, and getting a check cut out to themselves from her hard-earned nest-egg. She wanted to know what the companies we do business with everyday like; banks, insurance...Read More
Are you thinking of hiring a financial advisor to help you with your money? Full disclosure, I’m not, obviously, because I am one. I’ll tell you this, though… Coming from someone who’s been in this industry for over a decade, if I was looking to hire a financial advisor there are a few questions I would need to have answered in order to feel comfortable about trusting one with my hard earned money especially since there can be risk involved in investing. Any way you slice it, the idea of moving your life savings from one financial advisor...Read More
Let me just put this out there, I DID get an allowance as a kid. I never really had a choice otherwise but as I’ve gotten a little older and had a daughter of my own, I’ve definitely changed my tune about allowances altogether. Even though my daughter is a few years off from understanding the concept of money and spending (right now we do all the spending on her) I think about things like this all the time. That’s why I’ve decided I’ll never give an allowance to my daughter Erin. I’m going to use an entirely...Read More
Does it seem a little strange that a financial advisor who focuses on comprehensive financial planning would be trying to talk to you about ways that you can afford having your dream wedding? Will guess what? I think it’s a little strange that more financial advisors DON’T talk to you about ways that you can afford to have your dream wedding. I’ve said it before 1000 times… Planning for, saving for, and paying for large purchases is important. I wish someone would have given me a guide to help me learn to save for a large purchase like a...Read More
So you’ve got a little cash saved in the bank, you have your debt under control and you feel like it’s definitely time for you to start looking into stashing away some extra money for your future retirement. Time to decide, Traditional or Roth IRA? Maybe you have a 401(k) from your job, or maybe you have a brokerage account and you’re used to managing your own investments. Regardless of their financial situation, many people look to their IRA as a flexible place to stash money away for their future and now it’s time to think about starting one...Read More
What’s your biggest money mistake that you’re willing to admit to? I’m a financial advisor but I’m not immune to making mistakes with my money, let me tell you about my favorite (and by favorite I mean least favorite) money mistake I’ve ever made. Do you want to know something interesting? I actually feel like some of the biggest money mistakes I’ve made have actually been while I was working in the financial field. Don’t judge me! Sometimes doctors get sick and lawyers get sued also. If your financial advisor wants you think that they’ve never lost money in...Read More
Join The Art of a Plan
Success! Now check your email to confirm your subscription.