Taxes confuse almost everyone. I cannot tell you how often someone tries arguing with me about something tax related when they are entirely wrong. And to be fair, the tax code is long and confusing. To make matters even worse, for some reason, taxes are not actively taught to people. This is exactly why most people do not understand: There’s…
Employee Stock Purchase Plans (ESPPs) are one of the most powerful savings tools out there and not enough people are using theirs! In fact, Deloitte did a study on this and found 37% reported a participation rate of less than 25% by their eligible employees. And nearly 32% report a participation rate between 25 and 50%. Why are people not using…
There is a lot of confusion around what a financial planner does. Some think they just manage investments (some do). Some think they just sell insurances (some do). And some think they help on everything that has to do with money, like me (some do). The best financial planners don’t just do one thing. They help you manage your entire…
Welcome back! We are continuing on with this series about home buying. Over the past two weeks, we talked about: Both of these posts blew up and I got a ton of questions about what ARM’s are, if you should buy down points, etc. So we will talk about all of that in today’s post. For the past 5 years,…
Time and time again, millennials buy a house and are surprised by both the upfront costs and the ongoing costs of owning a home. Last week, I talked about what you can expect to pay when you buy a home, which you can check out here. Now this weeks post will be entirely focused on the costs of owning a…
A common misconception first time home buyers have is that the downpayment is the only upfront expense they need to plan for. However, this could not be further from the truth. There’s a whole array of other costs other than the downpayment that you need to plan for. Let’s take a look at each upfront expense you will have when…
Welcome back for part 4 of my Estate Planning Series. If you have not, make sure to check out: Those will help get you up to speed for this blog post. Now moving on to part 4. We are going to talk about some of the different charitable strategies that exist that can help you give more away to charity…
Welcome back for part 3 of my estate planning series. If you have not, make sure to check out: Those will help get you up to speed for this blog post. Moving on now to part 3. This blog post is about some of the advanced estate/tax planning strategies that high net worth individuals (HNWI’s) are using. There are too…
This is part 2 (of 5) of a series I am writing on estate planning. If you did not read week 1 “Intro to Estate Planning” head on over to that post first so the foundation can be laid for you. This series will take you from the basics all the way up to the advanced strategies that High Net…
I wrote a post last week on the top tax planning moves business owners can make and it blew up. It has over 430k views on twitter, drove over 10 prospects to our business, and overall added a ton of value to business owners. This then led to highly compensated W2 employees asking if I would create a similar one…