We answer your financial questions on the Financially Simple in the form of blog posts, videos, and podcasts.

 

May 24, 2018

What Happens in a Typical Quarterly Business Planning Meeting?

Not long ago I received a Twitter message asking “Justin, what happens in a typical quarterly business planning meeting?” Today I’m giving you a little insight into just such a meeting I had recently. While I can’t go into tons of detail due to confidentiality issues, I can tell you about a meeting I had with one of my clients – a first-generation business owner.
March 28, 2018
Should my investment strategies change nearing retirement

Should My Investment Strategies Change if I’m Selling My Business Soon?

I hear from clients every day, and many of them ask me, “Hey, Justin. Should my investment strategies change if…..” And the “if” at the end of their question could be “if I’m retiring soon.” It may be “if I’m spending a fortune on my kids’ college education.” Or more importantly in my line of business, I hear, “if I’m selling my business soon.” Well, that all depends on you, friend. It all depends…
March 16, 2018
The 5x5x5 Growth Technique

The 5x5x5 Growth Technique – A Small Tip for Businesses That Could Yield Big Gains

Have you ever heard of the 5x5x5 growth technique for business? It’s a great tool to ensure you are making the most out of the income your business is providing. 
March 15, 2018
401k or IRA

Retirement Savings Advice for Sales Rep Changing Jobs – 401k or IRA?

Let’s face it – the job you are working at today, may not be the job you are working at tomorrow. On average people change jobs 12 times over the course of their career. Many times, when they leave they often leave their 401(k) too. However, doing that is not an avenue I would suggest most of the time. Recently a friend of mine experienced this exact transition. Here is a little about how our conversation went.
March 8, 2018

What Makes a Business More Valuable Than Another

When it comes to selling a business, making your company more attractive than another, is all about dependability. Who is your business depending on, you or your staff?
December 7, 2017

Should You Use a ROTH IRA to Fund Your Child’s College Education?

Today’s question of the day is: “Justin, I read your blog post about options of where to fund your child’s college education for maximum savings. You mentioned a Roth IRA, so how exactly do I do that?”