“106 Things We Do” for our Clients at KFG
We made a list of all of the things we do for your clients. We’re at 106 things so far . . .
In The moment – Financial wisdom for the holidays
South Dakota Public Broadcasting Radio In The Moment with Lori Walsh… November 30, 2020 Show 950 Hour 1 Maybe right now your finances are out of control. It's been a mind-numbing year after all. But...
Money Scripts and Holiday Spending
The Christmas shopping season is in full swing. Some shoppers overspend on gifts and end up paying off credit card bills for months. Others drive themselves crazy trying to find exactly the right...
Virtual Meetings Work For Financial Planning Clients
The pandemic has forced us to change the way we connect with each other. Access to and familiarity with virtual meeting programs like Zoom, GoToMeeting, and Microsoft Teams has become a life skill...
Change Money Behavior With Financial Therapy Tools
Problematic money behaviors are never about the money. Frequent readers of this column have seen me write about that over and over again. Suggesting cognitive action steps can only resolve about 20%...
The High Financial Cost of Gray Divorce
I spend a lot of focus helping my clients protect their hard-earned assets from the reach of a frivolous lawsuit. The chance of such a lawsuit in the US is always a risk when a person with a nest...
Warning Signs of Untrustworthy Financial Advisors
A financial advisor that you feel you can trust is not automatically one who is trustworthy. Making that distinction can be crucial to your financial well-being. "Feeling" that a person is...
Political Bets As Risky as Stock Market Timing
As an admitted political junkie, I am among the "fans" for whom a US Presidential election is similar to football's Superbowl or soccer's World Cup. This year, I found a way to combine my interest...
Increased Social Programs Don’t Equal Socialism
With the 2020 elections, we are hearing a lot about socialism. Many fear that, should the Democratic party sweep the White House and Senate, an inevitable march toward the US becoming a socialist...
High Advisor Commissions for High-Risk Investments
Financial advisors who charge commissions are two to eight times more likely than those who charge fees to recommend risky investments. This is the finding of a survey done by the North American...
How Much Money Equals Wealth?
How much money do you need to have to be considered rich or wealthy? The best answer is "it depends," considering your definitions of rich and wealthy. Are they terms defined by one’s net worth,...
Creating Money to Fund Social Security
In two recent columns, I discussed two reasons not to worry about the possibility of "defunding" Social Security. First was the unlikelihood of Congress and the President ending Social Security...
Trump’s Tax Avoidance
Every once in a while, a breaking news story is on a topic that I actually understand. The September 27 New York Times article, "Long-Concealed Records Show Trump’s Chronic Losses And Years Of Tax...