FICO is changing the way they calculate credit scores. For many people, that means scores are going to go up. You might think this is great news but as you’ll see it may not be. In fact, it may be a terrible development. And this is something you need to be aware of even if […]
How to Choose a Financial Planner – Day 1 -CERTIFIED FINANCIAL PLANNER™ Professional
The world of financial advice sales is confusing. Or at least it can be. How do you know how is qualified? How do you know who is impartial? How do you know who to trust? Here are a series of posts that explains each of the different types of financial advisors and some of the […]
Your Financial Goals Are More Important than Your Money
You are probably reading this blog because you want to see some tangible improvements in your financial situation. I’m with you Pilgrim. But if you really want to do that you should forget about your money for the time being and get clear on your goals. Crystal clear. Here’s a letter from a young man […]
What Will It Cost You To Live Once You Retire?
Do you know what it will cost you to live after you stop working? If you don’t know, you probably want to find out. It’s a crucial number. In fact, you can’t have a secure retirement unless you have a handle on this information Pilgrim. Of course the problem is that retirement is a long-term […]
Don’t Buy ETF Investments Before Reading This
ETFs are popular and getting more popular by the day and there are many reasons for this. But there are also quite a few drawbacks with ETFs. But before we get too deep, let’s review a few items. First on the list to review is the difference between active and passive investing. This lays at the heart […]
Is Your Spouse Spending Your Money?
Even if you love your spouse to bits, if he or she is spending your money it can drive a deep wedge in the relationship and cost you a lot of loot. Of course this is a very difficult subject to approach in a balanced way. Aren’t couples supposed to share and share alike? Not […]