In our Money Marathon series, I’m using some running stories and analogies to teach investors how to get more potential mileage out of their money. We’ve covered six strategies so far: Strategy #1: Know your why. Strategy #2: Why you need a contingency plan. Strategy #3: What to do when your plan hits the fan. Strategy #4: Should you […]
Financial Planning
Three Questions That Could Help You Get More Mileage Out of Your Marathon Training & Your Money
25
Oct
Oct
We are in a blog series discussing how strategies for running marathons could help you maximize your wealth in a meaningful way. If you’re just joining us in this series, So far, we have covered: Strategy #1: Know your why. Strategy #2: Why you need a contingency plan. Strategy #3: What to do when your […]
16
Oct
Oct
We are in a blog series discussing how strategies for running marathons could help you maximize your wealth in a meaningful way. If you’re just joining us in this series, So far, we have covered: Strategy #1: Know your why.Strategy #2: Why you need a contingency plan.Strategy #3: What to do when your plan hits […]
28
Sep
Sep
We are in a blog series discussing how strategies for running marathons could help you maximize your wealth in a meaningful way. So far, we have covered: Strategy #1: Know your why.Strategy #2: Why you need a contingency plan.Strategy #3: What to do when your plan hits the fan. In today’s money marathon post, we […]
Financial Planning
What to Do When Your Plan Hits the Fan: Strategies for Marathons & Wealth Management
18
Sep
Sep
We are in a blog series discussing how strategies for running marathons could help you maximize your wealth in a meaningful way. If you missed Strategy #1 about knowing your why, click here to read that post. If you missed Strategy #2 about contingency plans, please click here to read it. This blog post is […]
01
Sep
Sep
We are in a series discussing how strategies for running marathons could help you maximize your wealth in a meaningful way. If you missed strategy #1, click here to read that post. Strategy #2: Have a contingency plan One of the things I learned in my first marathon is that, holy cow, even if you […]
18
Aug
Aug
Have you ever run a marathon? Every year, around 1.1 million people run a marathon; inevitably, spectators and even some runners ask why people choose to run a grueling 26.2 miles. 11-time-marathon-runner and State University of New York at New Paltz psychology professor Glenn Geher says that though the reasons for racing are different for […]
08
Aug
Aug
As a child, I was given the opportunity to work on a friend’s family farm and learn a couple of important lessons about money. On my first day on the job, my childhood best friend (Peter) and I were hired at his family farm in Stanchfield, MN, to bale hay for a whopping $4.25 / […]
15
Jun
Jun
Recent headlines have some people worried about the dominance of the U.S. dollar and where the U.S. dollar stands as a reserve currency. A variety of economic factors can contribute to depreciating the U.S. dollar. These include monetary policy, rising prices or inflation, demand for currency, economic growth, and export prices. Since one of our […]
07
Feb
Feb
2022 was a year of inflation, stock market volatility, and rising interest rates. Rising costs have prompted IRS updates, which could affect investors’ retirement savings and taxes. Recent legislation may present further options for you in the new year. Here are five key tax changes you should know about for 2023. #1: Higher contribution limits […]