Despite the rise of Fintech companies and robo-advisors, the future of financial advice is human. That’s what Vanguard CEO Tim Buckley thinks anyway. An ironic statement coming from Vanguard which led the revolution of low cost, passive investing that has made it easier than ever to become a DIY investor and cut traditional financial advisors out of the equation.
The world of finances can be a hard one to tackle. For some, it can be downright overwhelming. When you try to poke your head above water and look for some help you are bombarded with a lot of options…financial advisors, wealth advisors, investment advisors, tax advisors, loan services, and on and on. Not to […]
Are you a business owner? While you may find a great financial advisor to work with through the referral of an acquaintance or whose office you drive by on your daily commute, it’s important to consider several factors to improve your odds of hiring the best financial advisor for your individual needs. As a business […]
We’re often told that budgeting is as simple as spending less than we earn, as if we have perfect control over our outgoings. Spending less than you earn isn’t as simple as it sounds. In fact, earning more than you spend can actually be simpler, in some ways. Getting a raise or a second job […]
Finance is often seen as a cold, hard, logical topic, but personal finance is usually a surprisingly emotional topic. We tend to be more emotional about money than almost anything else, which is perhaps why so many arguments in relationships revolve around money. In an article about being financially fearless, Prudy Gourguechon suggests the most […]
Have you thought about retiring early? Maybe in your 30s? 40s? 50s? One couple, Billy and Akaisha Kaderli, did just that. They saved up $500k by the time they were 38 years old, in 1991, invested it, and called it a career. Now, 30 years later, their portfolio is worth $1 million. Adjusting for inflation, […]
Mortgage rates have never been lower than they have been in recent years. Throughout the 1970s to 1990s, mortgage rates were almost exclusively in the double digits, sometimes being as high as credit card rates are now. So it makes a lot of sense for older generations to recommend that you should pay off your […]
Over the last 35 years I was an employee for 24 years, and full-time self-employed for 11. Those first 24 years were critical in enabling me to do the work I do now through my businesses, but as far as direct compensation, they left a lot to be desired, and in some cases actually cost […]
One of the best ways to save money and get your budget back on track is to review what you’re currently spending money on. It is a lot easier to spend less money than it is to make more money — so that’s where I like to start. When you start looking into your budget, if you’re […]