Financial Taboos

Financial Taboos: What they are and how to deal with them Within the category of personal finances, there is an acceptable amount of widely disseminated advice and information available to people. But there still remains a few topics that most people may feel uneasy asking others about. I call these financial taboos. My absolute favorite column to read in this … Read More

Financial Planning in Evansville

About our financial planning process: My name is Erik and I run uVest Advisory Group, which focuses on Financial Planning in Evansville. Having a plan is important. Equally important is the process by which you develop your plan. uVest Advisory has a very specific and concrete approach to financial planning. We have a roadmap for our clients to follow step … Read More

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

Cash Flow!

Introduction An Analysis of Budgeting Advice Self-help advice sometimes seems to be needlessly specific. I consider budgeting to be one of the realms of self-help advice that employs needlessly specific advice, i.e. “do this particular thing and only this particular thing if you want success”. Here, I will attempt to generalize that advice. I’ve written in the past about managing … Read More

Smart Ways to Use Your Tax Refund

It’s tax season again which means many people are hoping for a refund check soon. If you’re one of these people here are some suggestions for making the best use of your tax refund money. Establish emergency savings I know what you’re thinking; this has got to be the most boring use for a tax refund but hear me out. … Read More

Setting Financial Goals

Specific and explicit financial goals work to guide your money decisions, and are so important that it’s usually the first question I ask a new or prospective clients when I begin working with them. However, most of the time I get a blank stare in response to the question. For example, if I ask people to tell me their goals … Read More