The previous article on this topic focused on how important it is for young adults to “outrun” debt and move quickly from Debt Accumulation to the Asset Accumulation stage of the Financial Life Cycle. The name of the game is to get a good head start… to move through the early stages of the life […]
Archive for the ‘Financial Planning’ Category
Getting Ahead Early, Part 2: Open a “Team Savings & Investment Account”
June 25th, 2012 
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Posted in Asset Accumulation, Debt Accumulation, Debt Reduction, Financial Independence, Financial Life Cycle, Financial Planning 
Tags: asset accumulation, banking, cash flow, cash flow navigator, cashflownavigator, children's saving, compound interest, debt, debt accumulation, financial independence, financial life cycle, investment, Keith Whelan, savings, stocks, student loan 
No Comments »Spotlight On: The Financial Life Cycle
January 11th, 2012 admin How Our Approach is Different: We Add Cash Flow Most financial planning resources focus on net worth – your assets and liabilities – to measure your finances and define goals. In fact, net worth is a critical measure. But we add a measure for financial independence to the mix. After all, that’s your ultimate goal, […]
Posted in Debt Reduction, Financial Life Cycle, Financial Planning, Wealth Accumulation Tags: asset accumulation, assets, cash flow, complete financial independence, debt accumulation, debt reduction, financial independence, financial life cycle, financial planning, income, liabilities, net worth, partial financial indepenence, wealth accumulation No Comments »Turning Tax Preparation into a Positive, Rewarding Activity (Really!)
January 9th, 2012 admin In his song “Golden Moments,” James Taylor said: “All it really needed was the proper point of view”. I doubt he had tax preparation in mind when he wrote it. But if you look at the tax preparation process from a different perspective, it could take on a whole new meaning. Instead of being a […]
Posted in Assets, Cash Flow, Financial Planning, Net Worth, Tax Prep, Taxes, Uncategorized No Comments »Is Leasing Your Next Car a Good Idea?
January 5th, 2012 admin Have you ever heard someone say that a car, or a truck, is a big investment? I disagree.
How Do You Distinguish Good Assets From Bad Assets? (Hint: It’s About the Cash Flow)
December 19th, 2011 admin At the height of the 1980s real estate bubble I watched a TV news interview with a new homeowner.
Net Worth is Good, but Cash Flow is Better
December 14th, 2011 admin You might have seen some TV ads recently where people literally carry their retirement
Should Your Retirement Goal be Measured Only by Net Worth?
November 21st, 2011 admin Recently our family went out to eat, and while waiting for our entrées one of our sons asked us what we’d like to do when we retire. A good question…one that was fun to answer. My wife said travel and dine out. I agreed, but added that since I am a boy and boys like […]
To Manage Your Finances You Need to Measure Them. But What Are the Measures?
November 10th, 2011 admin Have you noticed that our schools taught us about writing, math, history, arts and science but surprisingly little about managing our finances? Yet in the life we live after our formal education ends, financial management becomes one of our highest priorities.
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