Most of us make decisions based on each opportunity or need as it presents itself. To make smart financial decisions, you need a clear understanding of the “opportunity cost” of other possible choices.
Read MoreWelcome to PLAN WELL INVEST WISELY, the podcast dedicated to helping you make smarter financial decisions so you can live well today without sacrificing tomorrow.
Read MoreIn the beginning, remembering a couple of passwords to online accounts seemed easy. As my online presence grew, so did my list of usernames and passwords. Soon, easy became difficult. Even before difficult turned to unmanageable, I had a security problem.
Read MoreSince 2008, extreme stock market predictions have become big business. Falling for these fear-filled forecasts can be dangerous to your financial health.
Read MoreThe idea of budgeting is valid. It is foundational for creating wealth. It can help you capture excess income for savings, investment or to pay off debt.
Read MoreWhen we bring out the best in ourselves, we bring out the best in others. Last week, a friend died of cancer. When you reach your 40's, these things start to happen.
Read MoreWhen the stock market plunged in 2008, it scared a lot of people. Since then these same people have been looking around every corner for the next stock market drop. That's one reason stock market forecasts are so popular. And it's usually the most extreme forecasts that get the most attention.
Read MoreSimply put, net worth is what you get when you subtract your liabilities (what you owe) from your assets (what you own).
Read MoreIf your loved ones needed to act on your behalf today, could they? Do you have an emergency preparedness plan in place?
Read MoreIf you want to make smarter financial decisions, you cannot ignore the emergency fund on your balance sheet.
Read MoreFor many of our clients at WWK Wealth Advisors, an integral part of their retirement plan includes the sale of their business. Today, there are far more buyers than sellers looking for quality businesses. In my video interview with Layne Kasper of Kasper & Associates (K&A), he outlines four simple preparatory steps to take before you sell your business.
Read MoreHas planning for retirement become too much of a march to a vague and undefined destination? Are you sacrificing the only life you have trying to reach it? To live a more balanced life, it helps to view life as a journey, one that allows you to work less and spend more time with your family. And you don’t have to sacrifice your secure financial future to do it.
Read MoreThe intersection of your finances and your life is where real personal financial management should take place.
Read MoreFor years, the United States was known for being the world's largest energy-consuming nation, with imports from abroad making up for its inability to produce enough fuels for its appetite. Now, the U.S. is entering an energy renaissance, one that's leading to a marked shift in that position.
Read MoreMost financial decisions are emotional decisions. We all have wants, desires, fears, insecurities and habits that drive much of our decisions. It's a fact, so don't fight it, acknowledge it and move on. Doing so will free you to work on how to manage your emotions in order to make better financial decisions.
Read MoreDownloading apps for your iPhone or iPad is just too easy to resist. The average price for an app is only $1.60. A harmless amount for most of us. Just click a button and your bank or credit card is automatically charged. In under 5 seconds you can make a purchase without feeling like you’ve even done anything.
Read MoreWhat CNBC and Fox Business won’t tell you is the future. They won’t, because they can’t. I’m not saying this to be mean. They never said they could. Certainly we don’t expect them to (right?). I only say this to gently remind you that the future is fundamentally unknowable.
Read MoreIt seems that everyone is being led on a forced march towards retirement. Retirement planning is big business and the players have a big interest in getting everyone to invest more. Isn't your life more than that?
Read MoreIf life always went as planned, I’d agree. It doesn’t though and when the unexpected happens, your emergency fund may save you from being derailed from your financial plan.
Read MoreSammy wants you to be happy. She’s an expert at being happy. Most golden retrievers are. She’s lived a long happy life and, if you listen carefully, you can too.
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