Financial Planning
20 Second Advisor: Inner work to produce external results
I dug up a tiny Japanese Maple seedling from my parents’ yard a few months ago hoping I could transplant it to mine. Within a week of transplanting it, it looked dead. The leaves fell off and it looked pathetic. But, I kept watering it and noticed that the branches were pliable and alive. Then,…
Read More20 Second Advisor: TD Ameritrade Transitions to Charles Schwab
We live in a world full of change. Each day we are met with new opportunities that can help us grow. Sometimes even the simplest of changes can be uncomfortable. To demonstrate this, try crossing your arms over your chest. Easy enough, right? Now uncross your arms and try crossing them in the opposite way. …
Read More20 Second Advisor: Identify The Pressure Relief Valves
A pressure relief valve on a water heater allows excess pressure to escape so the tank doesn’t explode!! This made me think of assessing financial risk. I was recently working with a client to analyze a large financial investment. There are many unknowns and some risk involved, so we walked through each scenario and identified…
Read More20 Second Advisor: I get distracted…do you?
I just finished a book about becoming less distracted so you can live out your highest purpose. Have you ever become distracted from starting or finishing a financial goal? It happens to all of us so don’t feel bad. Just do something about it! My wife and I have a financial goal that’s been hanging…
Read More20 Second Advisor: Quick Estate Planning Guide
Helping people get their estate plan in order brings me a lot of joy, because there is a deep level of satisfaction that comes from knowing this area is buttoned up. It’s an easy task to put off until “tomorrow.” Here is a quick rundown of how assets are transferred upon death: That said, if…
Read More20 Second Advisor: College Acceptance, Now What?
The inbox ignites with recognition of years of hard work – your child has been accepted into college! As college acceptance letters go out across the nation, many parents and students are struggling to decide how to pay for it all. With the cost of an undergraduate degree having risen 169% from 1980 to 2020*,…
Read More20 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…
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