Financial Planning Fees Comparison

Financial Planning Fees Comparison

How you pay people for their services is important. It’s certainly just as important as how much you pay them for their services. In the financial services industry, which can largely be divided between advice and sales, incentives play a major role. Understanding how different types of financial advisors are affected by incentives is something all clients need to understand. … Read More

$75K Wiser: Recovering from Bad Financial Decisions

How to Do a U-Turn in your Financial Life

How does one recover from bad financial decisions? Is it even possible? I know it is, because I did it. If student loans, debt, and bad financial decisions are weighing you down, then hear me out; you can change your relationship with money. This is how wasting $75,000 projected me onto a life path of financial responsibility and a career … Read More

Confidently Choose a Financial Advisor in Evansville, IN: A Millennial’s Guide

choose a financial advisor in Evansville

Are you a millennial who is ready to talk to a Financial Advisor? Are you confused where to start? Choosing a Financial Advisor in Evansville, IN can be a confusing process. That’s because the area, like many other cities, is dotted with a mixture of banks, investment brokerage houses, and insurance companies all offering “financial advisory” services. This is good … Read More

How to Buy a House

How to Buy a House in Evansville, IN

8 Easy steps for millennials Buying a home can be stressful but exciting. There are certain prudent steps you can take to minimize the frustration and ensure that you end up with the home you want.  Save up your down payment The first thing you need to do when you’re thinking about buying a home is to make sure you … Read More

It’s Vacation Time! Why You Should be Planning Your Vacation Now.

Executive Summary: More vacations correlate with more raises and bonuses More vacations correlate with increased productivity More vacations correlate with better health outcomes Here I will lay out the argument that taking more vacations makes more sense from a personal finance and health perspective. Personal financial advice, unfortunately, tends to encourage self-denial and perpetually delayed gratification; this financial advice encourages … Read More

Give a little, Get A LOT

Recently I made a spreadsheet to see how the percentage of the income we save, affects our wealth when we retire. Specifically, I wanted to see the magnitude of difference that small increases in savings can have at retirement. I assumed two fictional employees, Greg Green, and Bob Blue, both making $35,000 a year and starting out by contributing 5% … Read More

How to become a millionaire

Do you know exactly how much money you want to have before you retire? Do you have a plan to get that money? My guess is probably not. But here’s why you should. Most people, especially fellow Millennials, think about their working career in a way similar to their parents. They wake up, go to work, come home, rinse and … Read More