December 8, 2016
Key takeaway! It is hard to have an impact on those around us, particularly when we hand out gift cards for the holidays; they are soon forgotten. Instead, give the gift of knowledge.
Most of us don’t need more stuff. And when I look at the happiest retirees in life, they ... Read more November 9, 2016
Key takeaway! In addition to the usual tax planning ideas, there are two tax nuances to understand before year-end. Beyond that, pay attention to anything the lame-duck Congress might pass before December 31.
“Who’s FICA?” That question arose the summer when my 15-year old son got his first paying job. Since ... Read more October 20, 2016
Key takeaway! Cub Scout popcorn sales reminded me that achieving big goals is tough if you think only about the end game. So don’t. Focus on the incremental opportunities you have in life; big things happen when you focus on small steps.
Kids have a tendency to cut to the core ... Read more July 16, 2016
Key Takeaway! The media is in assumption mode again—assuming the markets must be ready for some kind of fall. But it is up to you to decide if that would present a moment of urgency (and opportunity) or emergency.
It’s that time again. If you watch cable television at all, the ... Read more July 14, 2016
Key Takeaway! You are your own financial plan—and even so, it helps to work with a fiduciary.
No matter what age you are—just starting out, midcareer or in retirement—you have to take responsibility for your finances. You need to take the time to understand all the aspects of your finances and ... Read more June 23, 2016
Key Takeaway! College, and life in general, is expensive. Many people wait to discuss that point with their children; after all, it’s not a fun conversation. But talking about what life costs, early and often as a family, will prepare your children for college and life after.
Much has been written ... Read more June 7, 2016
Key Takeaway! Passing on the family cabin may not be as romantic as it sounds. Sometimes the result isn’t fond memories, but rather rifts in relationships. Instead of leaving the cabin as part of their legacy, parents can instead sell it and let the next generation create its own family ... Read more