by AFP Staff | Feb 27, 2020 | Financial Planning
Once you’ve built a budget and started getting some extra monthly cashflow, you’ll want to establish an emergency fund. An emergency fund is exactly what it sounds like—it’s there for emergencies only. As such it should be put away in a savings account, CD, or money...
by AFP Staff | Jan 23, 2020 | Financial Planning
As a financial advisor I’ve seen hundreds of investors ranging from inexperienced to advanced. I’ve seen people lose money and I’ve seen even novice investors make a lot of money because they got lucky. I’ve seen average investors make great gains throughout their...
by AFP Staff | Dec 6, 2019 | Financial Planning
Sometimes clients tell me they don’t envy what I do—the sitting behind a desk and calculating capital gains taxes, considering the many factors involved in choosing one retirement plan over another, diversifying and rebalancing portfolios as needed. It makes sense...
by AFP Staff | Nov 21, 2019 | Financial Planning
You don’t have to be making mega-bucks in order to succeed financially. In fact, there have been many people with large incomes who did not put basic personal finance practices into play and suffered drastic consequences as a result. Many lottery winners, professional...
by AFP Staff | May 31, 2019 | Financial Planning
Budgeting will make or break you. Get it on paper and implement it. Budgeting is not only an important aspect of wealth-building, but a vital tool for it. Without a working budget you simply can’t win with money. Clients and friends ask me all the time how they can...
by AFP Staff | Apr 4, 2019 | Financial Freedom, Financial Planning, Life Planning
The research is in. The findings are conclusive. Anyone can create the lifestyle and legacy that they want—even you, especially you! The good news is that if you want to grow wealth, you don’t have to time the markets perfectly, make a six-figure income, or inherit a...
by AFP Staff | Feb 25, 2019 | Business plans, Finance & accounting, Financial Planning, Tax Planning, Tax Return
Two certain things in life are death and taxes. And even though much can change in the tax system, the IRS will always be there to take their portion of your income. Much indeed has changed since the 2017 Tax Cuts and Jobs Act. Many Americans this year are seeing less...
by AFP Staff | Feb 15, 2019 | Financial Freedom, Financial Planning, Life Planning
No one wakes up one morning and thinks to themselves, “I was born to work, pay bills, and die.” Rather people realize their destinies and say things like: “I will provide the best life possible for my family.” “I will influence young minds to build a better...
by AFP Staff | Feb 7, 2019 | Financial Freedom, Financial Planning, Life Planning
Contentment. Happiness. Laughing so hard it hurts your stomach. Catching up with an old friend. Having a deep conversation with someone who truly understands. Listening to your voice being drowned out by others in a perfectly harmonious chorus. Breathing in the pure...
by AFP Staff | Feb 1, 2019 | Financial Planning, Life Planning
A vacationing American businessman standing on the pier of a quaint coastal fishing village in southern Mexico watched as a small boat with just one young Mexican fisherman pulled into the dock. Inside the small boat were several large yellowfin tuna. Enjoying the...
