I recently ran into a guy who collects bottles in my neighborhood. I like to talk to people from all walks of life, because I know there is a lot we can all learn from each other. Once he stopped by my home to collect some bottles and I got to talking to him, and he shared some of his dreams for himself. So, when I ran into him, I followed up with him to see how he was doing with accomplishing those goals. He shared that he had just bought a truc..
Where Will You Focus? My friend and I were talking, and he shared that the stock market was stressing him out. I chuckled a little and explained to him that wealth is built over time. We have been having these conversations over the course of the last year as he has started paying more attention to the stock market and making investments, purchasing a lot of the names that are widely talked about or that he hears about from his friends. He watche..
Nearly five years ago, I stepped out of my comfort zone and started writing a faith blog. In my mind I had no business writing, as I was not a writer. Today, I’ve written consistently over the last five years, and I’ve published three books in the process. Lately, I have been feeling the call to write about Faith and Finance as an ongoing topic. Do these topics even go together? I have discovered that they do, and so, I want to share with you..
When I first saw this picture, something clicked for me. I had recently published a blog post that was titled “Slow Progress is Still Progress”. My daughter and I had seen a man walking and she observed that he had only moved a short distance since we had first seen him, and I reminded her that “Slow Progress is Still Progress”. As I’m in the process of building a business, this is even more paramount for me to understand. The way my bu..
In my most recent articles, I wanted to start with some of the fundamentals. So, I’ve shared on creating a budget; teaching kids about finance; the power of compounding; just to name a few. As we go through each post together, I want to build on the fundamentals. If you’re already mastered the other topics, you’ll want to know: What’s next? Let’s talk about that… You have diligently worked and saved. You have retirement assets, person..
Posted in collaboration by Chuck Rose, CIMA®, CFP® & Kaysian Gordon, MBA, CFP®, CPA on Thu, 04/09/2020 A Roth Conversion, simply defined, is taking some, or all, of your pretax retirement savings and transferring to a Roth IRA account. To recap, a Roth IRA, is a qualified retirement account where you have previously paid the taxes on the contributions, investments grow tax deferred and qualified withdrawals starting at 59 ½..
I have a seven year old. She loves to spend. This is not something that has just started. When I took her to the stores when she was younger, she would ask to swipe and sign. She was between 2 and 3. This has not changed. She uttered her first word as we were walking the aisles of Target. This should tell you something! So, as a financial advisor, how do I teach her the value of money and being wise as she spends? If I don’t teach her, she will..
The thought of creating a budget, or even thinking about a budget causes some people serious anxiety. Many of us hear the word budget and immediately think of “financial handcuffs” or cutting back on the things we love. The irony is, if used properly, a budget provides the framework and visibility for reaching your future financial goals. It brings awareness to your situation and can save a lot of strife in relationships (money is..