Flexible spending account- rethinking use it or lose it
Flexible spending accounts aka FSA are underutilized. If I ask, “How would you like to save, say for example, 20% off your healthcare and summer camp bill, you may think...
Losing college financial aid because of FAFSA paperwork?
You may have received the news that the The Free Application for Federal Student Aid (FAFSA) application period is open. FAFSA is used to apply for federal, state and college-based financial aid. Many parents applying for financial aid find the process:...
Shouldn’t college cost calculations include return on investment?
Paying for college costs should not just involve saving money. It should include implementing a variety of college cost reducing strategies. If you have college-bound children and plan to play any role in funding their education, here is some exciting information for you concerning...
Student loan debt got you burdened?
I Increasingly I am meeting JD’s, MBAs and Pharm D.’s with $200,000 in student loan debt. It’s not just them. If you’ve borrowed money to invest in your education, you know that paying interest on that student loan debt is simply part of the deal....
Willing to invest $795 to see if your money goals are on track?
Have you wondered if you (or someone you love) could fund all your money goals without running out of money? When money is flowing into your bank account on a consistent basis, it is easy to take it for granted. However, what happens when the paychecks...
Need a guided, financial planning service that grows with you?
Don’t think you can afford a financial planning service? Wondering if you are doing the right things? Heard no financial advisor wants someone with your limited account size? We believe true financial advice is not limited to investing. It provides advice on clarifying your goals...
Assessing financial advisory fee expected returns
Some people are shocked when they hear my transparent, financial advisory fee. Some of those people have 401(k) accounts or IRAs where they pay commissions. However, they don’t know what share class means nor have an idea how much...
Are you building a faulty financial plan?
Is your financial plan compromised because you lack the time to take a more comprehensive look? In trying to compensate for your lack of time are you not questioning key assumptions? If so, your plan may be built on faulty...
Financial documents everywhere? Our financial vault can help
A financial vault accessible from any internet connected device can help in a pinch. In a fast-paced life, it is easy to lose track of your assets and financial documents. It is even harder to find them after they have...
How do you know you can trust your financial advisor?
I often hear clients talk about having a trusted financial advisor. I am not sure what they mean. Bernie Madoff was a trusted advisor for some very wealthy names. He has now become the icon of financial advisor that should...
11 keys to choosing a financial planner
Everyone who calls themselves a financial planner is not legitimate. The 2008 Value of Financial Planning Study conducted by The Financial Planning Standards Counsel of Canada highlighted this issue. Of those respondents who thought their planner was a CFP®, 70.8%...
Do you need help with your 401k investing?
Most people haven’t taken an undergraduate class on investing, much less 401k investing. When the 401k was introduced it had a limited number of choices. Then, due in part to technological advances, the number of choices began to balloon. I have...