Wealth Blog Post

How to Create a Monthly Cash Flow Plan Having a monthly cash flow plan is essential for your long-term financial success. Without understanding how much money you have coming in, and how much is going out, you won’t be successful.  When it comes to personal cash flow, Earnings - Spending [...]

The Importance of Accountability in Personal Finance What is the importance of accountability with your money? Since money plays a vital role in every aspect of our lives, accountability is critical. We must hold ourselves, our loved ones, and our partners accountable.    Another important consideration is the time value [...]

DIY Money: How to Make it Happen on Your Own Can you successfully navigate your own personal finances? Can you DIY money? Yes.    Financial planning is determining your financial goals, looking at your current situation, and devising strategies for achieving those goals. It’s best viewed as a process because [...]

How to Be Good at Financial Decision Making We all want to know how to be good at financial decision making. And it’s easy, but it’s not simple.    It’s impossible for anyone to eliminate all bad decisions. What we want to do is minimize how many we make. The [...]

Set It and Forget It: How to Automate Your Finances Is it possible to “set it and forget it” with our personal finances?    Our time and attention are just as valuable as our money. When we can stop doing menial tasks like paying bills and balancing our checkbooks, we [...]

What Gets Measured, Gets Managed: How to Create Financial Systems In personal finance as well as corporate, what gets measured, gets managed.    CFOs handle the finances of their organizations, and there are many stakeholders who rely on their data and insight. They look back at historical results, as well [...]

How to Set and Keep Your Financial Priorities Because money plays such an important role in our lives, we must establish clear financial priorities.    While money won’t bring us happiness, a lack of money can most certainly bring stress and anxiety. It’s also really hard to think about the [...]

A Practical User's Guide to Qualified Accounts Qualified accounts are the primary way we save for retirement but it wasn't always that way. In 1875, the American Express Company developed the first private pension in the United States. Prior to that, the military and government had been providing pensions since [...]

How Much Cash on Hand Should you Have? A rule of thumb for both businesses and individuals is to have at least three to six months’ worth of expenses in cash on hand.    For a CFO (Chief Financial Officer), cash can be as important as profit. Without cash, business [...]