Budgeting & Forecasting. Let me start by asking this question. If you don’t know where you are going, then how will you ever get there? In the context of money, budgeting and forecasting is where the rubber meets the road. This is the single most important issue because it deals […]
The Consequences of Debt. Anyone possessing basic critical thinking skills would understand that carrying $15,000 in credit card debt over a working career is just, well, insane. But that appears to be about the average credit card debt in America for 2016, according to several different sources. What the average […]
The Challenge of Expectations. Nothing in life has more potential to create emotional frustration than the erroneous expectation that something will occur in the future. Take the word “perfect”. Has something ever been touted to you as being “perfect”, only later to be extremely disappointed? Personally, I limit the use […]
The Roth IRA. The Roth IRA was established by the Taxpayer Relief Act of 1997 and was named for its chief legislative sponsor, Senator William Roth of Delaware. The primary advantage of the Roth IRA is the tax-free accumulation of earnings while the primary disadvantage is the requirement that after-tax […]
The Essential Estate Planning Documents. Most of us walk through life with very little consideration of what legal documents are necessary in the event of our premature death or if we are unable to make decisions for ourselves due to incapacitation or incompetence. There are four primary legal documents […]
