Only Two Real Money Choices: Spend or Give

Watch this video on YouTube A colleague recently reminded me that there are ultimately two things we can do with money: spend it or give it away. That’s it. At first glance, this seems too simplistic. What about saving? What about investing for our future...

Will, HCAD May Not Always Be Essential

Watch this video on YouTube As inevitable as death is, given the way we avoid planning for it we seem to believe we will evade it if we don’t talk about it. Two-thirds of Americans don’t have a will or a health care advanced directive. Financial planners like myself...

Financial Planning In Your 30’s

Watch this video on YouTube For many young adults, the 30’s are the decade when real adulthood takes over. It’s the decade of family. It’s typical at this stage to be parenting young children, getting well-established in careers, and managing...

Live in the Present, Plan for the Future

Watch this video on YouTube Being present. Living in the moment. These important aspects of personal and spiritual growth may sound simple and attractive, but they are far more difficult to practice than they seem. Like many of us, I spend a lot of time worrying about...

More Tax Consequences of President’s Proposed Budget

Watch this video on YouTube The current annual US budget, as proposed by President Obama, includes some significant potential changes in tax law. Among these are proposals that could result in higher capital gains taxes on inherited property, an end to most...