Skimping on splurges: quality of life v cost

Millionaires aren’t just cheap people. They tend to be prudent with their money and make good, strategic long-term decisions that accumulate well over time. We understand the desire to have nice things and as advisors, we’re constantly bombarded by people asking can I afford this? But the real question is – what’s the long-term cost …

Keep Reading

Smart holiday spending strategies

The holiday countdown is on, which means the pressure is on to get your holiday shopping done. Shopping means spending and most people go into the holidays without a spending plan. You think you’re being smart by looking for sales and bargains, but you spend far more than you should. However, the holidays don’t have …

Keep Reading

4 Major retirement pitfalls to avoid

People like to avoid talking about retirement. It’s a moment for many to become a real-life ostrich and bury their heads firmly in the sand. Why? They think retirement planning is a conversation that focuses on the end of your life, so they ignore it. However, it’s about how to best enjoy your life. To …

Keep Reading

The psychology of money

Does money stress you out? It doesn’t have to. Listen as we discuss the role of your psychological upbringing dealing with money, questions you can ask to change how you think about money, how to deal with different money habits and the effects of trying to keep up with the Joneses. Guest host: Sarah Newcomb, …

Keep Reading

What is the gig economy anyway?

I always think about the market and the economy. For me, it’s fun to sit and ponder the future of our economic growth, the future of industry and what our country will look like in years to come. I can lose myself in futurist thinking like driverless cars, space travel and even the miniscule microscopic …

Keep Reading

4 Money tips you can’t afford to pass up

With all the money saving ideas floating around, I find that there are a few basic financial areas to address that most people forget about that can help maximize your dollars. This isn’t by any means a comprehensive list, but I would rather provide a list of key areas to consider – instead of a …

Keep Reading

Money: 4 rules of thumb

How much should I save for retirement? How much house can I afford? How much should I save for emergencies? These are important questions to consider for your financial future. Here’s a breakdown of the money rules of thumb that should help shape your financial plan. Retirement savings Rule of thumb: at least 10% of …

Keep Reading

5 Steps to protect your money in a digital world

Cybercrime is on the rise. Criminals are going after financial institutions because that’s where all the money is. In 2017, breaches and fraud incidents, both online and offline, increased more than 130% year over year. Many experts believe there are only two types of financial institutions with regards to digital security – those that have …

Keep Reading

Driverless cars

A world of driverless cars may seem like a lifetime away. Truth is – the technology is ready now. Listen as we discuss: future innovations in driverless car tech – perhaps getting a workout in your car?!; the steps necessary for total driverless adoption; and how driverless cars aim to improve your quality of life. …

Keep Reading

How to get rich AND go broke

The Sound Financial House is built on a foundation of sensibly handled cash flows. “Sensibly” is a good word because a lot of it is common sense. For example, here is how you get rich: earn more money than you spend. Common sense! Unfortunately, though, it isn’t always easy to do what “common sense” dictates. …

Keep Reading