50s
20 Second Advisor: Live your best life & tweak your 2020 budget
The new year is a great time to take stock of your life’s direction. Review what’s going right and what’s gone off course in your life. Sit down and REALLY think about what you value most. Maybe it’s family. Maybe it’s travel and new experiences. Maybe it’s giving back or solving a societal issue. Ask…
Read More20 Second Advisor: Tale of Two Investors & Using Time to Enhance Wealth
What is the secret to having a great investment experience? A few key things come to mind. One of the great secrets of investing is putting TIME on your side. If you can save significantly when you are young, the powerful effects of compounding returns work in your favor. More time = more wealth! Let’s…
Read More20 Second Advisor: 6 Last-Minute Retirement Strategies
In a perfect world, everyone would be on track for their retirement goals. More often than not, people are usually playing “catch up” in their 50s and 60s to realize their retirement goals (working less/not all all, traveling, buying a vacation home, etc.). Here’s a quick breakdown of “6 Last-Minute Retirement Planning Strategies”¹. Save Like…
Read MoreBudgeting 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 MoreLifestyle Creep: The Ultimate Adversary To Building Wealth
The key to building wealth is really quite simple. Live within your means, save and invest 10-20% of your earnings, and repeat that process for 30-40 years. If you can do those few things, you WILL be wealthy. Unfortunately, so many families struggle to accomplish this. The biggest hurdle to building wealth is what I call…
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