Sep 11, 2020
You have limited energy. You have limited time. If you want to achieve progression in anything, you have to give it your best effort.
However, giving your best effort isn't always enough. You need to focus your limited energy on high leverage tasks and avoid shiny objects.
In this podcast episode, I discuss examples of...
Aug 19, 2020
Are you self-employed or a small business owner looking to
reduce taxes and invest in your financial future?
In this podcast episode, I break down the different types of investment accounts you should be thinking about establishing.
The primary accounts discussed are the SEP-IRA, Solo 401(k), and Traditional...
Jul 13, 2020
Financial planning is a relatively new profession that can take on a variety of meanings.
The term "financial planning" is also often abused by corporations as a means to sell expensive financial products.
In this podcast episode, I discuss what financial planning means to me, and ultimately, what the end goal...
Jul 7, 2020
There's no shame in having some unavoidable debt in your 20s and 30s.
However, it's CRUCIAL to build a financial foundation of strong personal finance habits in order to advance to the next step of your financial life -- wealth accumulation.
Until you have an understanding of the resources you're working with, it's...
Jun 24, 2020
It's standard for beneficiaries of a trust to not have access to the funds until a certain age (age 35 is common).
Because assets held within an irrevocable trust are taxed at higher rates, there can be a lot of planning opportunities to maximize that money (if you're being responsible).
The first step is to review the...