Spend less money then you make (or have) and you will have no problems. I often joke with clients that 90% of personal finance is spending less money or making more of it, a line I’ve stolen from my writing hero, Morgan Housel. Cash flow management, or budgeting, is the blocking and tackling of personal finance. Without it, you will accomplish absolutely nothing at best. At worst, you will go bankrupt.
Read MoreSpend less money then you make (or have) and you will have no problems. I often joke with clients that 90% of personal finance is spending less money or making more of it, a line I’ve stolen from my writing hero, Morgan Housel. Cash flow management, or budgeting, is the blocking and tackling of personal finance. Without it, you will accomplish absolutely nothing at best. At worst, you will go bankrupt.
Read MoreCharlie Munger died this week. He was 99 years old and just a little over a month away from the big 100. He had planned a huge party for New Year’s Eve, his birthday happily landing on January 1st. Sadly, that party will never come.
Some of you likely have no idea who Charlie Munger was.
Read MoreEveryone is unhappy again. No surprise, I suppose. This is the world we live in. Last year, it was inflation. This year, not coincidentally, it’s interest rates. The medicine, unfortunately, can sometimes cause just as many problems as the ailment.
Something as big and complex as the United States…
Read MoreI love spending time with my father-in-law for a lot of reasons, not the least of which being his generosity with his time, knowledge, and wisdom. In my conversations with him this week (in between him taking care of all the boats and the new fishermen in the family), he reminded me of one incredibly important fact with regards to personal finance…
Read MoreAs of this writing, the White House and Congress have come to an agreement to lift the debt ceiling until 2025, which will be the 78th time it has been lifted since enacted in 1960. Congress has approved the new bill, ironically called the Fiscal Responsibility Act…
Read MoreWe spend a lot of time in this space and with our clients describing the concept of “risk.” Nevertheless, it needs to be revisited constantly.
A few weeks ago, the financial world seemed to be unraveling faster than an old sweater. Silicon Valley Bank (SIVB)...
Read MoreThe technology sector is going through another reset. I think we can officially call 2022 the end of the second era of the modern technology boom, the first being the internet/dotcom hysteria that ended at the turn of the century, the second was the movement into social media and the “everyone gets their 15 minutes of fame” era.
Read MoreI started my career in 1999 in the finance industry in Denver. As a young man in the early part of the 2000s, I would proudly tell everyone in the older generation how easy their lives were because it was sooooo much easier (it least in my mind) for them to buy a house and start a family than it was going to be for me.
Read MoreThis fall, we took my oldest son to college and dropped him off. As I’ve told everyone who asks, it was the hardest thing that I’ve ever had to do as a parent. He may be 18 years old, but leaving him somewhere to fend for himself feels…unnatural. On the outside, I told people how excited I was for him to be starting this new adventure in his life…
Read MoreGetting nervous about paying for your kid’s college?
On Tuesday night, October 22nd, Jeff hosted a webcast talking about all the important items in preparing for the cost of sending your kids on to higher education.
Concerned about the FAFSA? Jeff gives you the details of what to expect and how your EFC (Expected Family…
Read More
