There's nothing like getting a top education in college. Unfortunately, the price of college tuition has been rising steadily over the last decade. In 2019, the U.S government student debt alone was responsible for 1.6 Trillion dollars of the deficit. That's a lot of zeros. That is a 116 percent increase over the same 10 year period. It is amazing to think that the average person with U.S. household debt owes just over $47,000. The statistics are scary, and as you digest that number in your … [Read more...] about The Truth About Student Loans
It Is Never Too Early To Save
All It Takes Is One Person It all began about 30 years ago when I met Steven Kanner at a Chiropractors’ Convention. Steve was an experienced certified financial planner. I was just starting my Chiropractor career, and he stressed the importance of saving money for the future and doing it right. But I was young and single, and the future seemed so hazy and far off. Creating a financial plan was the last thing on my mind. That was something that people did after they got married and started their … [Read more...] about It Is Never Too Early To Save
A Financial Plan is a Winning Formula
Having a financial plan for the future while paying down debt is the secret to success. I’m a retired chiropractor, so I meet a lot of people in the medical field. Like a lot of college graduates, they carry a heavy debt load, mainly from student loans. Whenever I start to tell them about the importance of developing a financial plan that will ensure a secure future, I often get sighs. They ask, “How can I hope to put away even an extra dollar now when I owe so much for my education?” They … [Read more...] about A Financial Plan is a Winning Formula
Spend Smart: Your Money-Saving Guide
Wise investments increase your value and grow your wealth. Creating and following a financial plan doesn’t mean never spending a dime; quite the opposite, actually. You’ve probably heard the saying, “Sometimes you have to spend money to make money.” That’s true, especially if you want to position an already successful business for even more success. By spending, I’m not talking about a new BMW or designer suits or trendy shoes. The toys are tempting. But no matter what make and model … [Read more...] about Spend Smart: Your Money-Saving Guide
Financial Planning for the Holidays
You know it is holiday time because all you see and hear are advertisements for products that the advertisers want you to buy, even if you haven't financially planned for or cannot afford it! It just seems to be that sales are everywhere. Years ago, people used to save more money, on a weekly basis, on a monthly basis on an annual basis. People put money aside and we did not live beyond our means. Today, unfortunately, it seems that people are just buying things, spending money that they do … [Read more...] about Financial Planning for the Holidays
Saving for a Sensational Century
The fastest growing segment of the population today, percentage wise, is people over the age of 100. This trend will continue which means that you will need more money than you thought to enjoy the quality of life you desire as you age. The goal is to get there healthy, with quality of life, and to be able to afford the quality lifestyle you have been accustom as you approach the future you seek. Below are some important and necessary ways to save and invests so you enjoy 100 healthy, wealthy … [Read more...] about Saving for a Sensational Century
