We are often asked by first-time callers to our office if we are a “Fiduciary.” It seems like the word is all over the news these days, but what exactly does it mean? In a nutshell, a fiduciary is a person or organization who is ethically bound to put a client’s best interests first at […]
In my last blog we got back to the basics of how to prioritize paying down debts. Of course not everything is cut and dry, and as one of my friends pointed out, “Phil, your firm focuses on investments…shouldn’t I use my money to make more money in the stock market instead? Then I can […]
Recently I was having a discussion with a friend in his mid-20’s who is working two jobs and in a very good position of low expenses and high income to maximize his debt payoff. We were discussing his opportunity to pay down his large student debt during this period and he went on to mention […]
April 20th was my son, Philip’s, 23rd birthday. He didn’t ask for much… all he wanted was for Mom and Dad to travel to Williamsburg with he and Janae, his lovely fiancée, and “do the ropes course.” Sounded to me like a fairly simple birthday request, so I said, “Let’s do it.” What is a […]
Happy New Year! If you’re anything like me or thousands of other typical Americans, you’ve resolved to get your life more organized this year. Now, that could mean anything from closets to paperwork to many things in between. How about beneficiaries? You know, the people who stand to inherit your assets when you die? Do […]