Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.
Catch up on some of the latest posts with this week's roundup:
Keeping it All Together: How to Balance Personal Financial Goals with Running Your Business
by Paul Sydlansky, Lake Road Advisors
As a business owner, your time may be monopolized by running your business. That could mean your personal financial goals are being neglected. Here's what you can do to keep your personal goals on track while you run your business.
Should I Pay More Than the Minimum Toward My Student Loans, or Should I Save More for Retirement?
by Bill Nelson, Pacesetter Planning
Over 40% of people under 30 are currently making student loan payments. That’s a staggering number. And while we often think of how these payments affect our current financial picture (I certainly know how it feels to see that withdrawal come out of my account every month!), the effect on our financial future is very much overlooked.
How to Choose a Financial Planner Using the Advice of Warren Buffet
by Jason Harvey, Active Lifestyle Financial Planning
Ascertaining price, and what you get for that price, when looking for a financial advisor is as difficult as any purchase I can think of. One would think a logical place to start is a provider’s title. After all, a Lawyer practices law, and an Accountant does accounting.
However, unlike many other industries, “professionals” in financial services can call themselves virtually anything under the sun based on what they think sounds best to the people they are trying to attract (Financial Advisor, Financial Planner, Investment Manager, Stock Broker, Wealth Manager) regardless of whether the services they offer match their title.
Why should you care about fiduciary?
by Steve Sivak, Innovate Wealth
There’s a battle taking place in the money management business and it’s contentious enough that the typical quiet policy changes that occur behind the scenes are sneaking ‘above the fold.’ At issue is the question of fiduciary financial services. The word ‘fiduciary,’ while simple in definition, is tremendously complicated when put into action in the asset management space.