Monthly Archives: January 2012

Resolution Check-Up

All right!  We’re a month in to the new year, and now’s a great time to check up on your goals! Take stock – are thing going according to plan?  Probably not.  So, what are you going to do about … Continue reading

Posted in Vision and Goals | Tagged ,

How Are You Doing At Converting Income To Wealth?

So, this last weekend, for fun, I added up all the income I’ve earned in my entire life.  Yeah, you heard me: fun.  It’s pretty easy if you have copies of all your tax returns.  If you don’t have your … Continue reading

Posted in Income | Tagged ,

Living Mortgage Free – Honestly

What is it about mortgages that attracts such throngs of scammy, bad ideas?  I just had the displeasure of cruising through the underbelly of a website that purports to sell you the secrets of shedding your mortgage.*  The site is … Continue reading

Posted in Banking, Credit | Tagged , , , , ,

How To Read Your Brokerage Statement

Your brokerage statement comes at least quarterly, and usually monthly, but do you read and understand it?  I’ll give you a quick run-down on how to read your statement. Here’s a copy of one of my statements – a tiny, … Continue reading

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The Unsettling “Silence” of JPMorgan Chase & Co.

Have you ever had to babysit a loud toddler?  After a while you get used to the noise and start to ignore the kid.  You step into another room, for just a minute.  Then you suddenly notice something. It’s quiet. … Continue reading

Posted in Banking, Credit, Current Events | Tagged , , , ,

Financial Planning And Victim Blaming

If you listen to financial planners for long, you’ll find out we are big proponents of thrift, industriousness, and planning.  That translates to a tendency to come across like pinched-mouthed finger-wagging harridans nagging the world to save more and not … Continue reading

Posted in Credit, Financial Planning, Handy Ideas | 1 Comment

Anatomy Of A 1040 – Part 2

“Where there is an income tax, the just man will pay more and the unjust less on the same amount of income.” — Plato Our guided tour of the Form 1040 is going pretty well.  We looked at the first … Continue reading

Posted in Documents, Taxes | Tagged , ,

Anatomy Of A 1040 – Part 1

“The hardest thing in the world to understand is the income tax.” — Albert Einstein, physicist So, let’s make it a little easier. One of the (many) complaints I hear about taxes is that they are too complicated.  In fact, … Continue reading

Posted in Documents, Taxes | Tagged , ,

Tax Organizers Are On Their Way!

Yay, it’s tax season again!  And that means the good folks at the post office are now whisking organizers to our tax client’s doors.  So, here are three easy tips for folks getting their tax documents together: Make sure you … Continue reading

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Scandal! Man Accused Of Pretending To Be A Registered Investment Advisor – And How You Can Avoid Falling For Similar Scams

Scandalous scandal!  According to, “SEC accuses ‘RIA’ of using LinkedIn in alleged scam; Illinois man accused of duping investors with fictitious securities offering.” Here’s the gist of the story, as reported by Investment News:  the SEC* filed a cease-and-desist … Continue reading

Posted in Current Events, Financial Planning, Investments | Tagged

But If Everyone Quit Spending On Credit, Our Economy Would Collapse!

Have you ever heard this argument before? If everyone      action phrase     , then      horrible outcome     !  Therefore we shouldn’t advise that people      action phrase     . But if everyone quit spending on credit, our economy would collapse, because no one would buy anything! There … Continue reading

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“Way to Wealth” by Benjamin Franklin

Courteous Reader, I have heard that nothing gives an author so great pleasure, as to find his works respectfully quoted by other learned authors. This pleasure I have seldom enjoyed; for tho’ I have been, if I may say it … Continue reading

Posted in Handy Ideas, Intermission | Tagged , ,

Pathological Individualism and Achieving Your Goals

Wishcraft is my number-one, favorite book on self-improvement.  It’s also available for download from this link.  I think I’m going to pull some selected quotes from Barbara Sher’s book throughout January in celebration of New Year’s resolutions. “If this book … Continue reading

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