Three Automations to Improve the Flow of Money in Your Life
There are three primary areas of money that I’ve found to be most effective to automate. If you set up automatic recurring transfers in these key areas, you will be on your way to enjoying much more financial stability and lower stress.
What Does it Mean to "Pay Yourself First?"
So what does it mean to pay yourself first and more importantly, is it a good idea?
Should I Put My Emergency Fund in I Bonds?
While they don’t really make sense as an investment (since the interest rate is not designed to outpace inflation), I Bonds can serve as a vehicle for others parts of your financial plan, including your emergency fund.
What is an Investment Policy Statement?
So how necessary is an Investment Policy Statement? While it’s not mission-critical, it does provide a valuable framework that can make larger impacts as time goes on. In serving the purpose of creating guidelines for both you and your financial advisor for investing, I would not underestimate the value it can have.
How to Create a Transfer on Death Deed for Your Home
A Transfer on Death Deed can be used to designate a beneficiary for your house. So what is the advantage of setting up a Transfer on Death Deed for your house and how does it work?
My Three Words for 2023
At the beginning of each year, I choose three words to set the direction for the year. Here are my three words for 2023 and insights to help you use this exercise to find success and fulfillment in your own life.
Basic Estate Documents Everyone Should Have
A complete estate plan includes a few key documents that work together to make sure your money and property gets passed on the way you want and your medical and financial affairs are taken care of if you can't take care of them yourself.
A Roundup of End of Year Financial Planning Items
So what are some “money” areas to focus on as we approach the end of the year?
Updates to Contribution Limits and Other Important Numbers for 2023
This is not an exhaustive list of 2023 changes (see the download for more) but it does highlight the most commonly-used numbers when making retirement account contributions and tax planning.