Information to help you lead a smarter financial life.

A credit score overhaul

A new credit score formula will be rolled out this fall that will track borrowing behavior over time rather than relying on a snapshot of your credit usage. You can read more HERE

Read More

Retirement mistakes to avoid in your 20s and 30s

  Are you a millennial? Retirement is probably the last thing you are thinking about. People in their 20s and 30s “go through more life transitions than at any other age – you’re getting out of college, you’re graduating, you’re getting a job, you’re changing jobs, maybe you’re starting a business, you’re getting married, you…

Read More

Retirees Have Less Satisfaction in Retirement

I thought this USA Today article was interesting.  It reviews a study that shows retirees are less satisfied today than they were in the past (1998-2012). A few key takeaways: 95% of retirees prefer to spend their money on experiences instead of things.  Money isn’t everything, but retirees with more money reported having more satisfaction in…

Read More

Budgeting Trick That’s Easy To Implement

Let’s face it.  Budgeting is hard.  We sit down and make a budget on paper, but few people actually EVER follow the budget.  To me, the key to making a budget that’s sustainable is that is has to be easy, but also holds us accountable.  There are 100 different budgeting strategies and systems out there…

Read More

Success is Like a Chinese Bamboo Tree

Like any plant, growth of the Chinese Bamboo Tree requires nurturing – water, fertile soil, sunshine. In its first year, you see no visible signs of activity. In the second year, again, no growth above the soil. The third, the fourth, still nothing. Your patience is tested and you begin to wonder if your efforts…

Read More

The advisor who is talking is not a great advisor

Listening is one of the most important aspects of our job. We can not help our clients accomplish their goals if we don’t listen well enough to hear them. Furthermore, each client is different so we must listen with fresh ears rather than with a preconceived idea of what their priorities are or should be.…

Read More

The Tax Deduction Trap – “Guest” Blog

I have a good friend who has started a financial planning company. He has a passion for helping his clients establish good habits and keeping them on course throughout their financial journey. So, we thought we would share a recent blog post of his. Enjoy the following by Michael Spencer with Wise Pace! The Tax…

Read More

Your dog’s American heritage might go back 10,000 years

For the dog lovers out there, here’s an interesting read on how some breeds have ancient American heritage: Read here  

Read More

The True Cost of DIY Investing: 3.52%

In all aspects of life, there are folks who believe that they can do things better and cheaper if they take the “Do-it-yourself” (DIY) approach.  Sometimes you can save money; however, the longer I live, the more I embrace specialization of labor.  Even if I can do certain tasks, hiring specialists usually means I have…

Read More