Blog Posts

  • Cub Scouts

    Setting Financial Goals as Taught by a 10-Year-Old

    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
  • markets

    Four Tips When Markets Swing

    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
  • financial plan

    Updating an Old-Fashioned View: You Are Your Own Financial Plan

    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
  • college

    College Conversations: Don’t Send Them Off Without a Talk

    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
  • cabin

    Reconsidering The Family Cabin: Don’t Let A Legacy Become A Burden

    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
  • generation

    100-Year Thinking: A Strategy That Can Dramatically Change Your Financial Plan

    May 19, 2016
    Key Takeaway! Instead of thinking about investing and ultimately passing on money to our children as a short-term issue, consider changing your time frame to 100 years. Your strategic vision will change dramatically. I am changing my opinion on “long term.” Most financial advisors (me included) will say that long-term investing ...
    Read more
  • A Lesson From Warren Buffett: Save it Before You’re 50

    April 14, 2016
    Key Takeaway! Waiting until your 50s to save for retirement creates two problems. First, you have to save much more to get to the same goal. And second, at about the time you would like the freedom to make changes in life (your 50s), you can’t because you have to ...
    Read more