Archives by Tag 'financial advice'

Your Money Script

By Linda Leitz - Last updated: Tuesday, November 29, 2016

Views about money come from our upbringing, our personal experience, and the people who influence our opinions. When these financial feelings become extreme, they can lead to dysfunctional decisions, so making yourself aware of any severe money attitudes can help you achieve your financial goals. The Klontz Money Scripts were developed to identify some common […]

So What Do All Those Letters Mean?

By Linda Leitz - Last updated: Tuesday, October 25, 2016

Many of us look to professionals to give us valid financial planning and investment advice.  This seems reasonable.  People choose to have a professional help them with many aspects of their lives.  It may be having a competent attorney write or review your will or having a professional auto mechanic change the oil in your […]

Motherly financial advice

By Linda Leitz - Last updated: Wednesday, July 20, 2016

There is financial advice that falls into the same category as advice that our moms gave us growing up. Standard advice from moms includes making good choices, dressing and acting in an appropriate manner, and being nice to others. Here’s some basic financial direction that a mother could love. If it seems too good to […]

Standard of Care

By Linda Leitz - Last updated: Tuesday, July 12, 2016

When you ask for financial advice from professionals, what standard of care do you expect from them? Do you expect them to give you recommendations that are in your best interest? Or are you satisfied with having recommendations that are suitable for you within the range of what an advisor has to offer? A fiduciary […]

Compensation matters

By Linda Leitz - Last updated: Tuesday, January 19, 2016

Any time you get professional advice, you should expect to pay for it. Good financial advice is no exception.  Each way financial advisors can be paid and each has pros and cons. Fee only advice is when the advisor gets all compensation directly from the client. This is different from fee based, where advisors might […]

Hiring a financial advisor

By Linda Leitz - Last updated: Tuesday, December 8, 2015

People sometimes hesitate to hire a financial advisor because they assume that professional advice is expensive. One thing that can be more expenses is no advice. Another is unprofessional, bad advice. Since hiring a financial advisor isn’t an everyday occurrence, it’s difficult to know how to approach it.   Nailing down what kind of financial […]

How Am I Doing?

By Linda Leitz - Last updated: Tuesday, August 25, 2015

Do you ever wonder if you’re on track financially? Will you have enough to stop working at some point and have your money last the rest of your life? There isn’t a magic number that’s right for everyone. Someone with $2,500 a month in expenses has a different financial target than a family who spends […]

Divorce Team

By Linda Leitz - Last updated: Friday, July 31, 2015

You’re going through a divorce. You may feel that you’re watching your life crumble, including your finances. It’s tempting to want to save money by doing it all yourself. Whether ending the marriage was your idea or not, it’s a time when you’ll be making big decisions that are different than any decisions you’ve ever […]

College Planning

By Linda Leitz - Last updated: Thursday, July 9, 2015

Any long term financial goal deserves thought and planning. If you anticipate your children will continue their education beyond high school, there are many considerations for you and for your kids. You and your co-parent – whether you’re married or not – need to talk about what your expectations are. Do you intend to pay […]

A History Lesson

By Linda Leitz - Last updated: Thursday, July 2, 2015

In any discipline – business, healthcare, cooking, and even personal finance – if we don’t learn from the mishaps in history, we are destined to repeat those errors. The financial industry has certainly been through its share of difficult situations in recent years. Here are some lessons that can be learned from those misfortunes. Trust, […]