Category Archives: Personal Finance

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

What Should Someone Do After Paying Off All Consumer Debt? There is No Right Answer

I received an email yesterday from a reader named Jared that reminded me among my recent posts about investing and Buffett I may have been ignoring some basic tenets of personal finance.  Jared wrote me and asked, Evan,  First off, THANK YOU. Your blog has been wonderful to read and has been very useful to…Continue Reading

6 Ways to Increase Personal Wealth at any Age

Whether you earn a little or a lot, there are ways to increase your personal wealth. The truth is, being financially independent isn’t only reserved for the wealthy. You don’t have to be born with a silver spoon or receive the best financial education to grow your net worth. However, you do need to make…Continue Reading

Finally Switching to a Prepaid Cell Phone Plan

I have been with the same cell phone company, Sprint, for almost a decade at this point, but later this month I am finally taking the leap and moving to a different carrier.  For the first time in that decade history with Sprint I have made the 2 years without needing a new phone.  Although…Continue Reading