I finally broke down and decided to review YNAB, better known to some as You Need A Budget, the premier personal budget software package. And even though I’m a professional financial advisor and CERTIFIED FINANCIAL PLANNER™ Professional, what you do financially dwarfs the importance of my work. That’s right. Even if you had Warren Buffet […]
Archives for January 2012
What Is a Mutual Fund Prospectus? How to Read and Understand It.
What is a mutual fund prospectus? It’s a document that gives you an inside look at your mutual fund, and it’s about as inviting to read as a telephone book. That’s exactly the way Wall Street likes it. As long as you don’t take the five minutes it usually requires to go through the document, […]
Why You Should Graduate From College Early – How It’s Done
If you are wondering if you should graduate from college early, I have to start off by congratulating you for even considering the question. Just thinking about this issue proves that you are a forward-thinking person. Believe me, for most of your friends, long-term thinking doesn’t extend beyond the weekend and deciding which party to […]
If I Won the Lottery
“If I won the lottery I would…” How many times have you completed that sentence (if not out loud, at least to yourself)? Several years ago I met 12 bus mechanics who actually did win the lottery. In fact, they won $12 million – $1 million apiece. Within two or three years most of them […]
Creating a Budget that Works
Lots of people name “getting out of debt” as their top priority for the coming year. Well, if you are one of those people, the most important first step you should take is to become a master at budgeting. The good news is that you can make a budget that works even if you’ve tried […]
Buried in Debt? 3 Steps to a Quick Turnaround
If you’re buried in debt, your situation is not hopeless. There are three steps you can take – beginning today – to get back on track. 1. Pow-Wow Before doing anything – and I mean anything – get your family together to sit down and discuss the situation. My suggestion is to be completely transparent […]