Financial Planning
20 Second Advisor: Challenging Apple Pay
The chain of banks behind Zelle, which is owned by seven banks total, including Chase and and Bank of America, are planning to launch their own digital wallet. This wallet will jump into the increasingly-crowded field of digital wallets, dominated by the likes of Apple Pay and PayPal. For the tech companies that have so…
Read More20 Second Advisor: Automate Priorities
“Automate your priorities and they will happen…automatically!” It sounds like a joke, but it’s such a powerful financial planning tool. l’ve also heard it said this way…”direction, not intention, determines your destination.” Here are some common financial priorities that can be easily automated: When you know that your most critical priorities are happening in the…
Read More20 Second Advisor: SMART goals = intentional life
It’s that time of year when we clean out the junk in our house, take stock of where we are, and maybe make a few goals and plans for the coming year! I love to plan, but I’ve learned that nothing happens by accident. The best way to move incrementally toward the life you envision…
Read More20 Second Advisor: Don’t let health insurance ruin your dreams!
Most people get health insurance through their employer. They are given a few options, and some of the costs are typically paid for by their employer. Most people don’t think too much about it. This all changes as people approach retirement or start thinking about starting a business! Suddenly, health insurance becomes this massive beast…
Read More20 Second Advisor: Have you filled out the FAFSA yet?
Do you have kids in high school, college or grad school? Have you filled out the FAFSA yet? FAFSA is the government’s “Free Application for Federal Student Aid” (fafsa.gov). It is a yearly application, and should be first filled out starting October 1 of their Senior year in high school, using parent and child assets…
Read More20 Second Advisor: Is your estate plan up to date?
Estate planning is not the most exciting financial topic to tackle, but it’s really important! Here’s why: Here are a few of the major decisions you’ll need to think through (we recommend that you use an estate attorney): So, is your estate plan up to date? Let us know if you need help!
Read More20 Second Advisor: Lessons learned from training for a race
Over the past few months, I have been training to run across the Grand Canyon and back. Many know this trail run as Rim to Rim to Rim. Over the summer, I mapped out a training plan consisting of maintenance runs, long runs, hill repeats, and everything in between. As some of you may know,…
Read More20 Second Advisor: 6% vs 2.5% Mortgage – The impact of rising rates on home affordability
If you’re looking for a prediction on when interest rates will rise or fall, alas, I cannot give you that info as I left my crystal ball at home this morning. But, I want to point out how much the recent rise in interest rates affect the monthly payments homeowners must pay when refinancing or…
Read More20 Second Advisor: Do what is best for you and your family
I recently had lunch with a friend that I met in my running group. For our purposes, his name is John. He asked me to lunch because he had some questions about financial planning. To give a quick overview, his grandmother had a sizeable estate and her investments were with a large family office. She…
Read More20 Second Advisor: Missed My Goal
As mentioned in a previous post, Scott, Thad, and I are all training for various running events this fall. Well, my first race took place this past Sunday, and I did NOT hit my goal. I was disappointed, but, after analyzing the outcome, I am motivated to keep going. I heard someone say that “wisdom…
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