Time is money. The sooner you acknowledge that, the sooner you’ll begin spending it wisely. The only thing that kills me as much as watching someone wasting their money, is watching them waste their time. See, if you go out and waste a dollar, you can work hard and make it back 10 times. But [...]
So, you guys already know that I work as a financial advisor to professional athletes and entertainers. I really enjoy what I do, but sometimes, it has unintended consequences. I speak to lots of kids, and when they find out what I do, all of their concern and attention shifts to “Wow, how much money [...]
You may have never been to the UK, but what just happened there is affecting your money Brexit. Hopefully the first time you heard that word wasn’t last Friday when the Dow Jones tanked by 600 points and it suddenly dawned on you that your 401k was dropping too. Just in case you still haven’t heard the word, [...]
Your Lattes Aren’t The Problem. It’s Time to Make More Money. It happens like clockwork. Every year around this time your inbox starts to get inundated with advice from the so-called financial “gurus” telling you that if you want to improve your financial like you need to do things like: Stop going out to eat [...]
In part one of our interview at the NBC Pittsburgh studio with my client, former Pitt Panthers, San Francisco 49ers and Oakland Raiders cornerback Shawntae Spencer, we discuss professional athletes and the challenges they have with their money. Here are some of his thoughts: Going pro isn’t the end all be all While it’s true [...]
Many of you were quite taken aback when you heard about President Obama’s plan to tax the gain in 529 education savings account, and understandably so. If you’re like a number of my clients, you’ve been saving for your children’s education with the understanding that your withdrawals would be tax free as long as [...]