Yellow Pad Blog

Saving for College, Among Others

College for your children and grandchildren continues to be expensive.  So what can you do about it as part of your financial plan?

Are You Ready To Retire?

How do you really know you’re ready to retire?  You’ve been saving diligently in your 401k plan, you met with your pension plan representative, your mortgage is paid for, and financially it seems like all systems are go.  But how do you really know if everything will work out? 

Is It Really That Bad?

You have probably heard a lot of "experts" lately talking about the market being overpriced and that we may be nearing a crash.  But is that really the case?

Budgets for 35-50

Managing a household budget during this stage of your life is all about keeping control.  By now you should have a handle on the basics of budgeting (if you don’t, please go back and review the basics of budgets are presented in an earlier blog http://site2491.cfn.acsitefactory.com/content/now-about-budget) .

A Budget for Starting Out (Millenials)

I will grant you that I may not be as up-to-date on the latest technological gadget, but I do know a thing or two about budgets – including how much college debt you are dealing with these days (my youngest is heading into his senior year at a private college)!  Also, I know that even mentioning budgets will cause some of you to panic and click on something else, because honestly talking about your budget is both scary and about as exciting as watching paint dry.  Learning to control your budget though, is the first and most important step on the road to financial success.

Now, About That Budget

The next series of posts are going to address the idea of budgets.  I know, I know, it’s not something that is much fun?  Let me challenge you on that.  Budgets can be fun (well, at least maybe less than painful) if you approach them in the right way.

Should I Become a Landlord?

A lot of people have asked me over the years if they should get into rental properties.  I’m a big fan of establishing multiple sources of income, but jumping into rental properties, while possibly a great business, definitely isn’t for everyone.  Here are a few things to think about.

  1. Being a landlord is a business.You have to set rules and stick to them.Make very clear what you expect of your tenants and what they can expect from you.Pay an attorney to draft a lease for you and know the rental laws of your state.

Keep the Romance - Ditch the Costs! 12 Ideas for Keeping the Wedding Budget Under Control

It’s summer, and we are scheduled to attend a number of weddings so naturally, as a financial planner, I thought it might be nice to suggest some ways to save money on your wedding – hopefully without being a “stick in the mud”!  Having been the father of the bride once and the father of the groom once, I have been on both sides of the aisle!  Here are some random thoughts, in no particular order:

Retirement Stage 3 - Age 50 to the "Gold Watch"

Back to blogging after a short delay to move into our new offices! 

Retirement Savings Stage 2: 35 - 50 Years Old

Doesn’t it amaze you how fast life goes by?  Once you’re in this stage of pre-retirement, you’re likely zeroed in on your “career job” and starting to earn some significant money.  You’re also likely to be married and have a family (although retirement planning should take place regardless of your marital status or family situation).   Along with these exciting life stages, chances are that you are under as much debt as you ever will be, you’re busier than you can imag