Financial planning is, for the most part, straightforward. You want to save enough for the future, then avoid a shortfall by investing those savings wisely. Pretty much every other topic in the world of personal finance—from asset allocation to taxes to safe withdrawal rates—can be viewed through [...]
McClure, Bobbitt and your money
In 2017, just before Thanksgiving, a heartwarming story hit the news. A young woman from Philadelphia named Katelyn McClure had run out of gas on the highway and found herself stranded. Luckily, a homeless veteran named Johnny Bobbitt happened to be nearby, and in an act of selflessness, he gave [...]
A year-end housekeeping checklist
It's hard to believe that Thanksgiving is right around the corner. But with six weeks left before the end of the year, there's still plenty of time to do some financial housekeeping. Below are seven recommendations: 1. Visit your CPA: During tax season, accountants are so inundated with work [...]
Using the new tax law to your advantage
Perhaps you've heard the expression “there is no free lunch.” The idea is that you shouldn't be able to receive something for nothing. Whether it is with money or with your time and labor, you must always “pay” for something one way or another. That's an interesting concept, but whoever invented it [...]
