I had a Minnesota client call me last week. The reason for the phone call was the client’s sudden financial windfall. The client’s mother-in-law died a couple of months ago. The estate had settled and the couple’s part of the inheritance was almost the same amount...
Each business day the financial media feverishly promotes the reasons for the up or down movement of the popular stock market averages. It is human nature to look for the cause and the effect of both good news and bad news. The financial media can’t help themselves....
My son is a high school senior. His sister is a high school junior. This year, each of them is taking a business class. My son is taking Principals of Investments this year. My daughter is taking Personal Financial Management this year. You would think that by the...
“Don’t stress, Dad.” I hear that from one or both of my teenagers once a day. Last August, Charles Schwab released a national survey of 1000 company 401(k) retirement plan participants. A partial list of the survey results is listed below. 89% of survey respondents...
When I was browsing the internet last weekend, I came across an article that described how high-end restaurants have automated their coffee production. This really surprised me. In 2012, a coffee aficionado conducted a coffee taste test. In the test group were some of...
I am the proud father of a local high school senior. Much of my time has been spent over the last few months on the college financial aid search process. I thought that some of my newly acquired college financial aid knowledge may be of interest to other Minnesota...
