Today the most important part of your retirement plan will be the company sponsored 401(k) plan or 403(b) if you work for a non-profit. However, most people know very little about their plans and do not even bother learning more.
Here are five steps to kicking your 401(k)’s butt:
Step 1 …
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Five Steps to Kick Your 401(k)’s Butt
October 13, 2011 by 1 Comment
Should You Purchase a Home
October 10, 2011 by 2 Comments
This is a topic that I have mixed feelings about. It used be that homeownership was a status symbol! It meant you have arrived. However, with an ever changing world I feel that owning a home is not quite as cool today.
I purchased my first condo when I was 24 years old. At the time, I …
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Day 4 – Start Setting Goals
October 4, 2011 by 1 Comment
Now that you have completed your net worth statement, it is time to use that as a starting point in your financial planning process! I feel a completed net worth statement is such an awesome tool because that final calculated number is right in front of you. It is in black and white! It tells …
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31 Days of Money Advice from a Former Advisor
October 1, 2011 by 10 Comments
Since we are at the beginning of a new month, I thought I would bring you 31 days of money advice. Every day I will bring you a piece of information based on my personal philosophies and theories that I learned during my career as a financial advisor. At the end of the 31 days, your financial …
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What I Learned as a Financial Advisor
September 27, 2011 by 3 Comments
During my time as a financial advisor, I enjoyed the job! It was a great experience and I loved the thought of helping people with their money. However, that particular job just wasn’t for me! I never enjoyed begging rich people for their money. Who was I to tell someone who saved $1 …
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Let’s Get Rich with Stocks
September 26, 2011 by 4 Comments
Is it possible to make money with stocks?
Yes, however do not fall for the get rich quick tactics of many online experts that guarantee you 70% returns. In my experience, these organizations are crooks and the only one that gets rich is the organization. If you want to make money, then all …
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Money Spot Advice
September 23, 2011 by 1 Comment
As I have mentioned before, over the past nine years I worked in the financial services industry. During that time I had the opportunity to work with poor people, rich folks, middle class, and everyone in-between. I have had real life experience helping people reduce their debt, increase their …
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Is Your Psyche Disrupting Your Investments?
September 22, 2011 by 1 Comment
Investor behavior is something that has always intrigued me because it is so emotionally driven and is such a mind game. The average investor does absolutely everything backwards and their psyche is disrupting their retirement!
Most people love a sale! Heck, the majority of people I know brag …
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Welcome to The Financial Money Spot!!!
September 7, 2011 by 1 Comment
Welcome to the Financial Money Spot! A blog designed by a former finance pro to give you the information you need to create your own financial plan!
This site was developed by me, a former finance dude! During the past nine years I spent my life in the financial services industry. I had the …
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