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Goals are overrated.  While a goal to grow your money is motivating – goals don’t make progress, systems do.  Motivation gets you started but consistency ensures you make progress.  “You do not rise to the level of your goals. You fall to the level of your systems.” – James Clear  The goals set the destination, habits bridge the gap between...

The S&P 500 officially entered a Bear Market this week.  What is a Bear Market? It is when the stock market falls by 20% from its peak. The path of interest rates, inflation surprises, the war in Ukraine, and overall economic sentiment are causing uncertainty to run rampant in the market.  When markets shift, particularly when they drop quickly, it’s...

Typically, a financial plan is built around working until the age of 65 and then retiring. Though for many individuals, retiring sooner or at least having the option to retire earlier sounds much more enticing. The F.I.R.E opens the door to access financial independence sooner.   What is F.I.R.E F.I.R.E stands for financial independence, retire early. It’s a lifestyle movement for...

Whether you’re a serial entrepreneur or you’re just considering venturing out on your own, you need to lay a solid financial foundation before diving into the deep end. Here are three elements that can help anchor your financial plan.  #1: Lay the Financial Foundation Before launching a new business venture, it’s critical to ensure you start on solid financial footing....

Lifestyle inflation is an easy trap to fall into, especially as you earn more money. But living within or below your means doesn’t have to translate to months of Ramen noodles and nights home alone. Instead, it’s an opportunity to intentionally spend your money and bring more meaning and fulfillment to your finances. Find Your Financial Sweet Spot First, it’s...

Proactive tax planning is a year-round endeavor, but the year’s end presents business owners with opportunities to maximize their tax savings. Here are a few key strategies to consider before ringing in 2022.   Fill Up Your Retirement Funds It’s essential to save as much as you can for retirement in tax-advantaged accounts like 401(k)s or IRAs.  Apart from setting...

Your 401(k) is an excellent tool that provides you with an enormous opportunity to save for retirement. But like any tool, you only get the maximum benefit if you use it to its full potential. Are you making the most of yours? Here are five powerful strategies to help bolster your 401k. 1. Max Your Company Match Let’s start simple—if...

On top of saving for your retirement and other goals, business owners also have to take the lead in saving for their kid’s education. How can business owners save for college smarter? ...

Mutual funds and ETFs provide diversification at a low cost—essential to a long-term investment plan. How can these investments impact you?...

All businesses undergo transition, and being more prepared to handle that transition will only pave the way for future success. How can you build a succession plan that will benefit you and your business?...