4. Identify Goals

Building Wealth 30 Minutes at a Time with Christine Benz

You know I am not a big fan of personal finance journalists, but I have high regards for the work of Christine Benz. Christine is Morningstar’s Director of personal finance and senior columnist for Morningstar.com. She gets it about the financial planning process and it’s role in building wealth for people. This interview is packed with [...]

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Do-It-Yourself Financial Plan Step#4 Financial Goals

Do-It-Yourself Financial Plan step #4 is goals. Now that you have a strong financial foundation we can build wealth according to your time frame, your return needs, and your risk tolerance. Notice I didn’t say the markets. That is an important point. Most of the market swings have nothing to do you but rather factors [...]

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Financial Planner Helps You Discover Your Money Personality

The First Simple Truth About Money was about procrastination and financial fuzziness. The idea is that your non-actions around money can lead to bigger difficulties down the road. If you read the post, I hope that it caused you to make some behavioral changes. (Please write a comment and let me know if it did!)
Do [...]

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Women and Money-You Weren’t Born to Shop; How Your Money Personality affects Your Bank Account

Here is an interview with Cathy Curtis CFP of Curtis Financial Planning in Oakland, CA. Cathy is a fellow NAPFA member, and fee-only financial advisor who specializes in helping women with their finances.
WomenandMoney051910
80% of American women will find themselves the sole keepers of their personal finances at some point during their lives, however, most of [...]

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To Build Wealth You Must Avoid These 3 Mistakes

Nearly half of the investors in a survey said they had never worked up a comprehensive financial plan to build wealth with a professional – according to Opinion Research Corp, of Princeton, New Jersey which conducted the poll for MoneyTrack, a public television series. See if any of these 3 wealth building mistakes apply to [...]

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Have Your Fixed Your Nagging, Unfinished, Tasks (NUTS)?

Have you fixed your Nagging, Unfinished, Tasks, (NUTS)?
Most people wait until the last minute to finish their nagging,unfinished, personal finance tasks (NUTS), especially when they come to see me. Time and money are the biggest obstacles that keep people from getting their finances in order. But not addressing your NUTS can drive you nuts.
Take for [...]

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7 Investment Tips From One of the Richest Men in the World

I am a big fan of Warren Buffett- but not always. Sometimes it seems like his investment tips are out of touch and just when I want to think of him as an old bag who isn’t investing with the times- he pulls out a one two punch and shows everyone how [...]

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Your Mind Map Tool for More Money

We all want to make a lot of money. It’s a lot easier to make money when you know what the money is for. When you have an target in mind, the journey goes much faster and smoother than if you focus on the mundane tasks that you need to do to get there.
I use a [...]

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Protect Yourself From a Ponzi Scheme

Bernard Madoff’s Ponzi Scheme, which allegedly helped defraud investors of $50 billion, is the latest example of how the financial services industry fails to protect those they serve. The market chaos coupled with this case and apparent inability of the Securities and Exchange Commission (SEC) to monitor large financial businesses highlights the intensifying need for [...]

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Here’s How You Can Benefit In This Crisis

Despite the government’s efforts and the billions already spent, the crisis clearly remains a long way from being resolved. Here are 3 tips on what you can do:

Time to think past frustration, fear and/ or anger and get educated about possibilities. Your greatest worry in the unknown.
Time to look at all the options. Rarely is [...]

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