Monthly Archives: May 2011

Pragmatic Goal Setting

Being a financial planner exposes me to some ideas over and over again.  One of those is Maslow’s Hierarchy of Needs, another is that one should set SMART goals.  Haven’t heard of SMART goals?  Here, try this acrostic on for … Continue reading

Posted in Financial Planning, Vision and Goals

A Delightful Insight!

If you enjoy financial TV and magazines, you may enjoy this comic from xkcd (which is a very popular online comic.)  I present this to you without analysis or any truth claims.  Pay special attention to the ALT text.* *  … Continue reading

Posted in Goodies, Investments

Google Correlate Fun!

Since I suffer from a case of chronic, debilitating financial nerdliness, imagine my overwhelming joy when I discovered Google Lab’s new* goodie: Google Correlate.  That’s right, the same people who brought you such wonders as Google Docs (providers of the … Continue reading

Posted in Current Events, Goodies

Are You Disaster Prepared?

In news this week, portions of Joplin, Missouri were scrubbed off the face of the earth by a massive tornado.  While this is top-of-mind, we should take a second to think through our disaster preparedness. Happily, the FEMA has put … Continue reading

Posted in Current Events, Insurance

Smart and Sassy Guide to Budgeting: Part 4: Savings to Spend

So far our intrepid heroine, Trish A. Example, has figured up her income, her expenses, and categorized her expenses into fixed, variable, and loan paydown/savings categories.  One category remains: intermittent expenses. Earlier we talked about Trish’s clothing expense.  Trish’s normal … Continue reading

Posted in Documents, Financial Planning, Income, Spending

Smart and Sassy Guide to Budgeting: Part 3: Expenses

In Parts 1 and 2, we figured out why we’re budgeting and we’ve added up our expected income for the month.  Now we move on to the hairiest part of the budget: listing expenses. Why is it so difficult?  First, … Continue reading

Posted in Documents, Financial Planning, Income, Spending

Personal Finance Is Personal

Should you buy or rent a domicile?  You would think that this is a simple calculation that can be dispassionately made by modeling the numbers with, say, an online calculator provided by the New York Times.  Certainly it’s not a decision … Continue reading

Posted in Financial Planning, Spending

Consumer Financial Protection Bureau Needs Your Help!

The Consumer Financial Protection Bureau, a recently created agency headed by Elizabeth Warren (which I am watching with great interest*), has just issued a call for input on its new mortgage comparison forms.  The forms are to replace two other forms … Continue reading

Posted in Banking, Credit, Current Events, Documents

Smart and Sassy Guide to Budgeting: Part 2: Income

In the previous post, we discussed an overview of budgeting.  Now we’ll move on the the first big part of a budget: the Income. Our heroine, “Trish A. Example”, sits amidst her pile of paystubs, previous month’s bills, and account … Continue reading

Posted in Documents, Financial Planning, Income, Spending

Smart and Sassy Guide to Budgeting: Part 1: Overview

You’ve heard me go on and on about budgeting.  So, how do you make one?  It’s not too tough, let me show you!  Why make a budget?  There are all sorts of reasons.  First, it’s easier to see what you’re spending … Continue reading

Posted in Documents, Financial Planning, Income, Spending

Are You Serious Discover®?

Seriously, Discover®,  “NO WORRIES”?  Show of hands, who here thinks that a 0% introductory APR for 18 months is the equivalent of “NO WORRIES?”  We’ll, I can tell you my hand isn’t raised.  Let’s compare and contrast: List of Things That … Continue reading

Posted in Credit, Documents

Way To Go, Cindy!

Cindy is this year’s proud recipient of UALR’s President’s Award!  There will be an Awards Celebration this Friday at 11:30 AM at the William J. Clinton Presidential Center.  Also, thanks to the certain special someone who sent the lovely congratulatory … Continue reading

Posted in News

Don’t Buy Stuff You Cannot Afford

WordPress won’t let me embed a video from Hulu, so here’s a link to one of the best humor sketches related to financial planning that I’ve ever seen: Saturday Night Live’s Don’t Buy Stuff You Cannot Afford.  Only two and … Continue reading

Posted in Spending

Elizabeth Warren Lecture at the Clinton School

For those of you who disregard consumer protection issues and the TARP bailout, Elizabeth Warren is, I believe, the foremost voice in consumer protection today.  She first hit my radar screen many years ago when I snagged a copy of “The Two … Continue reading

Posted in Current Events