February 16, 2018
inheritance

I Just Inherited Money! Now What?

Have you ever been the beneficiary of a nice little sum of money or some other inheritance? If so, you know deciding what to do with inherited money can be tricky, but it doesn’t have to be. Here are a few ideas on what to do with the unexpected cash — HINT: these tips can also be a good way to make use of your tax return if you get one!  
January 1, 2018
Financial New Years Resolutions

18 Financial New Year’s Resolutions for 2018

We all do it at the beginning of every year; make resolutions with the intention of keeping them. And while you have kissed 2017 goodbye, it doesn’t mean you’re ready to tackle 2018, especially when it comes to your finances. So we here at Financially Simple decided to help you become happy, healthy and wealthy (to some degree) with 18 tips to help you clearly define and keep your financial New Years resolutions for 2018.
October 29, 2017
The Wealthiest Generation

Millennials: The Wealthiest Generation Yet?

Millennials typically get a bad rap. Ask any baby boomer and you will likely hear how this generation is lazy with no vision. I actually had that very conversation recently with a client that is in his late 70s and very much a traditionalist. While some millennials may fit that bill, I’m finding quite the opposite to be true. The millennials I work with are actually very driven. They’re asking all the right questions to garner as much knowledge as they can about financial issues in a way their parents just never did.
October 27, 2017
pay mortgage debt invest

Mortgage Debt: Pay It Off or Invest? Which Should I Do?

The thought of being debt free sounds like a dream come true for most of us. Many folks are wrapped up in credit card debt, car payments, mortgage payments, etc. However, there’s one debt freeing yourself from could do more harm than good, from a mathematical standpoint. That is your mortgage debt. Honestly, it’s often not a good idea to pay it off or even pay extra on it before age 50.
October 16, 2017

Asset Allocation: How Should I Invest Today to Prepare for Tomorrow?

When looking at the world around us, it’s hard not to question where the best place to invest your money is. Every 24-hour news cycle is filled with doom and gloom from one end of the earth to the other on any given day. In just the past couple of months we’ve seen, several major hurricanes consistently popping up; massive wildfires engulfing the western half of the United States. The shooting massacre of Las Vegas claiming several dozen lives. Globally, we are battling countries threatening to exit the European Union. We have countries talking about default. Then there is Venezuela dealing with hyperinflation to the point that their citizens are literally starving to death. Terrorism is an ever constant threat. On top of all that, we have this crazy North Korean crisis that could possibly catapult the world into World War III. Everywhere we turn something is happening. Then on […]
October 11, 2017
income for life

Learning Asset Allocation at age 60

When I first meet with a client concerning investment planning, I like to discuss asset allocation and how to utilize it for retirement. Granted I work with people of all ages, yet far too often I’m having the same conversation no matter the age. With more than half of all small businesses owned by Baby Boomers, I have more and more clients walking into my office looking to sell their companies and begin retirement. The problem is most business owners have 80% of their net worth tied up in their business. Which means I’m having the exact same conversation with these owners that I’m having with my 20 somethings that are just starting out. I have a particular client that decided to sell his business last year. We’ve spent the past 24 months working on the ins and outs of that transaction. The sell recently took place, and he ended […]