Category Archives: Personal Finance

To Save Money Sometimes All You Have to do is Ask

I have two annual bills that become payable each October, my Sirius satellite  radio and my American Express card.  Both of these bills are completely unnecessary.  I could easily go with out satellite radio, and while I really like my Amex card I am not willing to pay an annual fee for a credit card.  So every… Continue Reading

The Failure to Save: How to Overcome a Global Financial Issue

According to a 2013 report conducted by global banking giant HSBC, the world is in the grip of a deepening pension crisis. The survey, which canvassed the testimony of more than 15,000 consumers throughout 15 global markets, revealed that a high number of citizens currently have inadequate savings to successfully fund their retirement. The U.S.… Continue Reading

A Huge Problem with the Financial Planning Industry

While I readily defend the financial planning industry of which I am a part there is a glaring hole that is probably only getting larger.  I saw a great post from financial blogger, Daniel, over at Sweating The Big Stuff  where he was helping out a buddy create a cash flow and debt plan, and it… Continue Reading

How to Make Money When You’re Starting from Zero

Whether you’re straight out of school or you’ve been working for decades but don’t have much in the way of savings or disposable income, you’re probably interested in knowing how you can make extra money. If you’ve not been on holiday for years or you can’t afford to eat out when you’d like to, then… Continue Reading

How Do You Title Your Children’s Investments or Savings Accounts?

Twice in the span of a week I was asked my thoughts on titling of children’s assets.  It wasn’t asking how they should invest their children’s investments, or more specifically, their clients’ children’s assets, but rather how should the accounts be actually titled.  I am of the opinion that money can do good things and… Continue Reading

Is Cash Fungible? Do You Create Separate Bank Accounts for Goals?

Building on the basics of personal finance that I started talking about last week, one of the biggest changes that The Wife and I made years ago was agreeing that cash isn’t fungible.  It took some convincing on her part to prove to me that creating different cash and investment buckets for specific purposes and goals would… Continue Reading