Blog
The Emotional Cost of Bankruptcy and Insolvency
Personal bankruptcy is not a topic that is relevant to most of us—until it is. The number of people filing for bankruptcy over the last 20 years ranges from a low of 374,000 in 2022 to over...
Travel Insurance: Don’t Leave the Country Without It
One important thing to take along when you travel abroad is travel insurance. I needed to use mine on three international trips this year: one to London in January, a cancelled one to Puerto Rico in...
Believing You Don’t Deserve Money
“I don’t deserve money,” is one of the ten most common money scripts. Holding this belief has very little to do with whether society, friends, or family view you as deserving. Few people would...
Is Gold The Answer? First, What Is The Question?
I’ve noticed recently that news and commentary programs are being inundated by ads with dire warnings of the imminent collapse of the US economy and the dollar. "Are you worried about the value of...
The Slippery Slope To Unethical Financial Choices
No one deliberately sets out to make bad financial choices. We usually think we are doing the right thing at the time. Even so, all of us make money mistakes and have to deal with the consequences....
Correcting The Myth of “One Money Script”
Recently a financial professional asked me, “Rick, what is your money script?” I was a bit baffled and responded, “I have well over 100, not just one.” He said, “No, there are only four, and I was...
Social Security Was Not Created As A Retirement Safety Net
Strikes and protests in France over recent months at times brought the country to a standstill. The reason? The government under President Macron increased the retirement age from 62 to 64. The U.S....
Protecting Your Financial Plan From Family Members With Good Intentions
Last week I discussed the risk of having a long-term financial plan dismantled late in life by adult children, usually with good intentions. What can you do to guard your financial plan against this...
The Biggest Risk To A Well-Designed Financial Plan in Your Later Years Could Be Your Children
When someone engages an “advice-only” financial planner, the relationship often lasts for the client’s life. I have experienced this with numbers of clients over my 40-year career. One of the main...
What We Think We’d Do With $1 Million, and What We’d Probably Do
What would you do with a million-dollar windfall? This question was the topic of a survey in a March 28, 2023, article by Jessica Whitehouse in onlinegambling.com, “This is how Americans would spend...
Look Beyond “Either/Or” For More Financial Options
KISS: “Keep It Simple, Stupid.” It’s a catchy phrase, but what does “simple” actually mean? Does it mean to make complex topics understandable, or to not make simple communications overly complex,...
“The Economy is Bad–But Not For Me”
I recently came across a new survey of personal financial and economic views of Americans done in March of 2023 by NORC at the University of Chicago, funded by The Wall Street Journal. Here are some...
Free Initial Consultation
Kahler Financial Group offers a free initial consultation with one of our skilled financial planners in Rapid City for retirement, businesses, investment, or personal wealth management. We welcome the opportunity to spend time with you, discussing your individual needs, asking and answering questions, reviewing our unique services, and confirming that KFG is the best fit for helping you achieve your financial goals. Please note that there will be no specific investment or financial planning advice given at this meeting. Please note: At KFG we made a list of all of the things we do for our clients. We’re at 106 things so far . . .