When I accepted my first full time job which I would start after graduating from college, I was excited about having a job I knew I could build into a career. I was looking forward to moving to a city and being an “adult”, but I also had to think of the practical side of living on my own and being Read more…
Planning for Long-Term Care
My Grandma Eloise was one of the most spirited and energetic people I’ve ever known. She was fully herself all throughout her 9th decade – still helping my own mother and her other children regularly, in church every Sunday, cleaning her own home, driving. Unfortunately, in her early 90s she Read more…
4 Money Lessons for College Students
As a current student, I can tell you with certainty that college is a weird time. Eighteen-year-olds are thrown into a tiny room in a miniature city with electric scooters instead of cars and party mansions instead of houses. Combine the already jarring lifestyle change with the ever-looming fear Read more…
Millennials Are Breaking the “Money Taboo”
“How much money do you make?” If that question makes you uncomfortable, you are like most Americans who believe money is a taboo subject, much like politics and religion. However, the Millennial generation may be changing this ideal. Read more…
Disability Insurance: The Missing Piece in Your Financial Plan
Five years ago when my wife and I were expecting our first child, I was quick to get term life insurance policies in place. It wasn’t until last month, however, that I protected my human capital from disability. Read more…
Put Your Personal Finances on Autopilot: How to Automate Your Income, Expenses, and Investments
Remember in high school when you had to read The Odyssey? Read more…
Fees Matter
When I look through the funds that investors use – be it an individual, institution, or 401(k) plan – I’m always amazed by the high fund expenses. Read more…
Thinking About Markets Like Piles of Sand
The idea of complex adaptive systems might sound overwhelming, but an experiment conducted by physicist Per Bak makes the concept easier to understand. Read more…
Raising Financially Savvy Daughters: Perspectives from Plancorp Dads
Instilling the value of money in our children is a difficult task for most anyone. There are so many questions to consider. What age do we start talking about money? How much of an allowance should we give our children? How should we encourage them to spend/save their money? Read more…
How to Instill Smart Money Values in Your Kids
By the time most of us walked across our high school graduation stages, we could recite the Pythagorean Theorem, name all 50 state capitals and identify the different layers of the earth. But how many could do their own taxes or identify their credit score? Read more…
