Occasionally I like to open up the site to guest bloggers to offer perspective on things I can't. Today I've got a post on choosing a financial advisor from Neal Frankle. Neal is a blogging buddy of mine, a Certified Financial Planner in Los … [Read more...]
The Start-Up That Thinks Quality Investment Advice Shouldn’t Just Be For Rich People
The majority of the financial services industry pays little attention to young people. For example, unless you’re sitting on a seven-figure trust fund, the best financial advisors probably won’t return your calls. (And you should be wary of … [Read more...]
Do You Need a Financial Advisor?
I asked Mark to write about hiring financial planners/advisors because occasionally you guys email me wanting to know if you should hire one and---if so---how to go about it. (Figured it was better to ask an actual financial advisor than try to … [Read more...]
Six (and a Half) Steps to Financial Stability
How do you go from BROKE to actually COMFORTABLE with your finances? One step at a time. But: Do you know what your next step should be??? I estimate that about 80 percent of questions I get fall into one category: “What next?" And it … [Read more...]
How Do You Hope to Improve Your Finances Next Year?
Ok, it's question time: What’s your top financial priority next year? Your other goals? Your---dare I say---financial resolutions? Please share your goals in a comment. … [Read more...]
What to Do With A Windfall
Say you inherit, win, or earn $3,000, $30,000, or even $300,000. Lucky you. What should you do with a windfall of money? You may be inclined to spend it; to buy a new ride or take the trip you've been longing for. The urge to splurge is normal; … [Read more...]
How to Create a Five-Year Financial Plan
Where do you want to be in five years? Debt free? Living in your own home? Enjoying a “mini-retirement” volunteering or traveling around the world? I’ve written a lot about making spending plans (i.e., monthly budgets) and debt reduction plans, … [Read more...]
How Much Money Should You Have Saved by 30?
One of the most common questions I get from readers (and curious acquaintances) is how much money should I have saved by 30? (Or by 25, 22, etc.) Of course, it's always seemed to me to be a silly question, because everybody has totally unique … [Read more...]
How Much Should Be in Your 401(k) at 30?
What should your contribute to your 401(k)? How much should you have invested for retirement at 30, 40, 50, etc? These are good questions. Here, I try to answer them, but I should warn you: Personal finance is PERSONAL! The more you can … [Read more...]
I'm David Weliver. At 26, I had NO savings and NO financial plan. I was maxed out, stressed out, and fed up. Then, I changed. I repaid $80k of debt, tripled my income, and bought a home. I'll show you how to get similar results.