You probably read or hear about some “Top Ten” list nearly every day. But take a moment to read this one. This list is different, and probably not the kind of list you’d expect a financial advisor to write.
Reason #10: “I’m too busy”
I can’t tell you how often I hear this excuse. So many people [...]

“A small leak can sink a big ship” – Benjamin Franklin
Many wish money grew on trees. Having a never-ending supply of cash may be a dream. Many would love to do whatever they want when they want. It is far better than the alternative—incurring debt. In order to pursue true wealth, you need to understand [...]

If you look back through history, you will soon discover that some of the greatest breakthroughs came as a result of failure. Michael Jordan, The Beatles, Walt Disney, Abraham Lincoln, Thomas Edison, and even Dave Ramsey all had major failures before success came to them.
Michael Jordan, one of the greatest basketball players of all time [...]

Wealth can keep your children from financial aid
Believe it or not, some students are ineligible for financial aid or receive less financial aid because of their “wealth” – the amount of invested assets held in their name.  The problem often occurs with an UTMA account created to save for college. Assets put into an UTMA [...]

Those who save thrive!
Of the 5% of those who I found were thriving during the economic down times in 2008-9, the average annual savings rate was north of 20%.  This means they were saving more than $2,000 for every $10,000 of earned income!
You need to develop the habit of saving even if you only [...]

Is your financial house built on rock or sand?
I have been advising and counseling others on how to build true wealth for the past fifteen years. I have seen my personal share of ups and downs and witnessed thousands of others. The 2008-2009 financial crises was sure a [...]

Are you standing out?
I used to have a boss who told me “go big or go home”. Now that I fired my boss and work as an entrepreneur I still follow the same philosophy.  Why start a business unless you are going to change the world around you? I mean if [...]

Feed the pig?
Are your children financially literate? Many young adults are not, and they could be at risk of making some costly financial mistakes. Recent surveys have shown that many young adults are not only wayward financially, but also pessimistic about ever becoming wealthy.
The risk can be greater for young women. A 2006 Oppenheimer Funds [...]

When will inflation make a comeback?
Do you remember inflation? Do you remember when inflation was at 5%? Remember when it was in double digits? We’ve had exceptionally low inflation recently, but interest rates can’t stay at rock-bottom lows forever.
At some point, inflation will make a comeback. As an investor, what do you do when inflation [...]

It is important to begin taking action
Your financial plan starts when you clarify your priorities. Whether you want to save for a new home, start a new business, send children or grandchildren off to college, fund a ministry, or plan for retirement, planning is a key to success. To get started, write down what [...]