KEDM radio series

Many people deeply in credit card debt find that with this six step plan, they can get completely out of debt in less than a year.

There are three big economic issues that loom large on our nation’s horizon: debt, demographics and decisions.

The process of funding a college education can be an education in itself - and this is one exam you just can’t cram for.

Most of us will pass through three very broad phases to our financial lives.

During phase one, we attempt to create wealth. Phase two moves from wealth creation to wealth distribution. Phase three (wealth conservation) comes when you pass on your wealth through inheritance.

Let’s go back to phase two—the wealth distribution stage—if no one has told you yet, when you shift from phase one to phase two…all the rules change.

And, honestly, the best time to plan for wealth distribution is while you are creating it.

When forced to make a choice between the job of your dreams or the paycheck of your dreams, which would you choose?

What is the price of happiness?

Nobel Prize winning psychologist Daniel Kahneman thinks the price is... about $75,000.

A little bit of pessimism during your retirement planning can lead to a much more optimistic outcome in your retirement living.

So let’s be just a bit pessimistic and assume that you will one day need some kind of long-term care. 

There are only a few answers to the question of “who will pay the bill if I go into a nursing home?”

One of the residual effects of the financial crisis is a deep distrust of financial institutions. Especially large ones.

Financial institutions are sometimes run by good guys, sometimes bad. But all of them have a plan to make things better for themselves.

The best way to deal most effectively with any of them starts with a carefully crafted financial plan of your own.

Don’t confuse symbolism for substance when trying to save money.

If you want to save money, you’re going to have to get serious.

Remember, when evaluating deals (financial or otherwise) the person is not the proposal.

There’s a lot to be said for the approach to life that says, “Don’t sweat the small stuff.”

On the other hand, I really want the guy who does my heart surgery to be detail oriented, sweating the small stuff.

This tension exists in your financial life as well.