The Best Personal Finance Tips When Changing Jobs

The Best Financial Tips When Changing Jobs

Congratulations, you landed a new job! Hopefully, it’s the job of your dreams or at least a lot better than your previous one.

Now that you’ve said “I do” to your new employer, it’s now time to tackle the financial things to do when changing jobs. Don’t worry, the list isn’t overwhelming (although we certainly understand the stress of moving and changing jobs), but many of these items are time sensitive and could have a major impact if not handled correctly.

Continue reading

5 Financial Must-Dos On Your Birthday

Financial Must Dos Birthday

Oh the joys of having another birthday. It just means you got another year older… congratulations! You are probably wondering where in the world the last year of your life went if you’re anything like me - getting old can be rough.

I heard a great quote the other day that totally resonated – “The days get longer, but the years get shorter.” So true in my opinion. The older I get, the more time flies. I have no idea why, but that’s definitely how it feels.

Continue reading

Acorns: A Cool App For Saving Money

Acorns2

Did you set a goal to try and save more money this year? If you’re like most people, this is a recurring goal that continues to rear its ugly head time and time again.

Let’s face it, saving money can be tough. Spending money is much easier and way more fun… hey, I’m a financial advisor, and I’m in total agreement. However, as much as we dread putting some money away for a rainy day – or for whatever reason, we need to do it. Some of us are good at, while others are not so good.

Continue reading

Why Maxing Out Your 401k Could Mean Missing Out On Thousands

Maxing Our Your 401k Missing Match

The 401k; our main bucket of retirement plan savings. Like it or not, that’s what we have, and it looks like that’s what we’re going to continue to have for the foreseeable future.

If you’re like most people, you eventually got around to putting money into it at some point – let’s just hope this epiphany of saving for your retirement hit you sooner than it did for a lot of people.

Continue reading

The Dirty Little Secrets to 401k Loans

Dirty Secrets of 401k Loans

Now that the holidays are over, it’s back to reality. For many – hopefully, not you – it means paying off all the debts you racked up from your extremely generous giving. Let’s just hope you had already budgeted for it and you were merely using your credit card to get the free rewards.

Regardless of whether you have debt or not, sometimes, unknowns pop up in our lives where we need to get access to money. If you don’t have it sitting in a savings account – which I’m sure you do if you’re an avid reader of this blog – you have to find it somewhere.

Continue reading

NextGen Wealth Named One Of The Top Financial Advisors in Kansas City!

Expertise 1

We were named as one of the top financial advisors in Kansas City by Expertise.com! So cool that I just had to share. Check it out at the link below.

VIEW FULL ARTICLE

 

Why New Year’s Resolutions Still Suck

New Years Resolutions 2

The New Year is upon us, which means, once again, you get to read my rant on the disdain I have for New Year’s resolutions – sorry if you’re looking for financial planning advice today, as this is my one blog of the year where I veer a bit off topic. So with that glorious intro, ENJOY!

It amazes me that the classic con of joining a gym in January still works today. It’s so baffling. It seems like all I see this time of the year are gym membership commercials and billboards.

Continue reading

Why I’ve Realized Giving is so much better than Receiving

Giving Better Than Receiving 1

Don’t you remember Christmas as a kid? It was awesome! For me, it was like the best day of the year – hey, I was a kid, and I was a fan of getting cool stuff.

I remember barely being able to sleep. I’d always sneak out to see if Santa had come yet, but he never did until I fell asleep and then awoke in the morning – like really early morning. I was always so amazed I missed him. I wasn’t even asleep that long, but somehow he still came, delivered presents and didn’t make a peep – or at least wasn’t loud enough to wake me up.

Continue reading

The Right Way to Save for a Big Purchase

Saving for a Big Purchase

Let’s be honest, most of us all want something we don’t have at the moment. It could be a new house, a new car, a new job, a vacation, etc. And, while it’s been proven that “experiences” bring more memories than actual physical items, it doesn’t mean we still don’t want them.

Whether it’s wanting a new house, a second house, or a dream vacation, it takes money and time to get there. That means savings on your part. And, let’s face it, we’re not that good at saving money. Most of us specialize in spending money – and we’re quite good at it.

Continue reading

The Right Way to Get out of Debt

The Right Way to Get out of Debt 1

With the record amount of debt in the U.S. today, you would think it’s a just part of being a citizen. As sad as that sounds, it’s true. And, it’s not like our government is setting a great example with the millions of dollars it adds to its books every single day.

But trust me when I say this; going into debt isn’t what the cool kids are doing. Debt sucks. It’s a burden and can do irrefutable damage to not only one’s credit but more importantly, to one’s overall lifestyle.

Continue reading

Five Financial Apps That Will Make Your Life More Efficient

Financial Apps That Will Make Your Life Better

It’s that time of the year again where budgets get thrown out the door, and we start spending money like it’s our job. And, while you would think that an article like this would be better suited for January, I thought I’d take a different approach.

Instead of giving you useful financial tips and apps after you’ve done all of your Christmas spending, I want to give you some tips prior to seeing if any of them might stick. While it’s probably just a shot in the dark, I like to think of it as my gift to you this holiday season – sorry, it’s all I have in the budget.

Continue reading

Why We Look at Finding the Right College from the Wrong Perspective

Finding The Right College The Wrong Way

Let’s face it; saving for your children’s college is quite the challenge. However, just as challenging is actually finding the right spot to send them off to college. There are so many choices with only so much money you can realistically spend without you and your child completely being indebted for the rest of your lives.

Sounds like a real pleasant experience, doesn’t it? Well, for most parents, it can really be a gigantic pain to find the right college for their children. Today, though, I’m going to explain how to make it a much more comfortable experience where everyone will understand and be happy.

Continue reading

If Your City Lands Amazon HQ2, How Will it Affect You?

Amazon HQ2

In case you haven’t heard, Amazon is looking for a second headquarters. Now, why they need a second headquarters hasn’t exactly been explained, but they just do. Apparently, it’s kind of a big deal.

If the city you live in qualified to put in a bid, then it’s very likely they did just that. I haven’t actually come across any cities who met Amazon’s requirements, but didn’t actually put in a bid… although I would be very interested in learning why, since it would no doubt make them the outlier.So, what are these requirements that Amazon put out there?

Continue reading

Why Investors Can Do Some Dumb Things (me included)

Why Investors Can Do Some Dumb Things

Do you ever do something or make a decision and then a few moments later think, “Why in the world did I just do that?” Of course you have, we all have. The good thing, though, it’s normally something small that won’t have much of an overall impact on your life.

However, when we make dumb decisions when it comes to our investments or saving for our retirement, you typically don’t know the results of that decision until a year–or many years–down the road. Investing for your goals is a slow moving process so making hair-trigger decisions typically doesn’t work out so well.

Continue reading

Why Your Credit Report Controls Your Financial Life

Your Credit Report Controls Your Financial Life

With the Equifax date breach being announced just over a month ago, credit reports and credit scores were actually an important topic of conversation for a change. However, a month in this day and age can seem like years ago.

Now that it is almost considered old news, we’re back to our normal everyday lives and, believe it or not, that’s not thinking about our credit reports or even our credit scores. That has become old news and we’ve now moved on to the next headline.

Continue reading

Why Home Ownership Shouldn’t Be The American Dream

Home Ownership Shouldnt Be The American Dream

Once we graduate college and get our first job, it seems like our next unwritten goal in life is to buy a new home. Right or wrong, that seems to be how life goes. I’m by no means saying it’s the wrong choice to make – heck I did it and still own a home – but should it really still be called the “American Dream?”

In my humble and probably subjective opinion, the answer is no. While home ownership can be an incredible feeling and certainly a feeling of “growing up,” it’s definitely not for everyone. There are plenty of pros and cons to owning a home just as there are plenty of pros and cons to renting. It’s up to each individual to determine what’s right for them.

Continue reading

Why Investing Doesn’t Need To Be That Complicated

Investing Doesnt Need To Be That Complicated

That’s right, investing doesn’t need to be that complicated. I don’t care how convoluted and confusing your financial advisor makes it sound, it truly doesn’t have to be that way. Like anything, though, you can get as deep down into the weeds as you want, but when it comes to a good investment strategy, you really just need to know the basics to create a good plan.

While you may not want to manage your investments yourself simply because of interest or time (feel free to call me), just know that if someone put a gun to your head, you could do it. I’m by no means trying to downplay the importance a financial planner plays when it comes to investment management, but there’s so much more in your personal financial life than just investments – which they should be helping you with.

Continue reading

These Four Things Could Surprisingly Kill Your Personal Finances

These could kill your finances

We all know the old saying, “What you don’t know can’t hurt you.” But what does that even mean and where the heck did it come from? I can tell you for certain it definitely doesn’t apply to the world of finance.

In my world, what you don’t know can definitely hurt you. And, as bad as this is going to sound, a lot of the biggest banks in the world were built from people “not knowing.” Whether it’s hidden fees, even if they are legal (no offense, Wells Fargo), or paying interest, these seemingly little things can add up to a lot of money over time.

Continue reading

How Do I Invest My Money?

How I invest my money

If you had a chance to read my blog from last week, you were enlightened to my worst investment ever. Not exactly a story I like to talk about and, for some reason, I thought I’d just tell the whole world about it—like I mentioned, probably not the best way to attract potential clients as a financial advisor.

Today, however, we’re going to take a look at what I’ve learned over the years and find out exactly how I invest my money for the various goals my wife and I share. While I wish I could tell you I have some kind of crazy system that involves algorithms and lots of other cool sounding stuff, sadly, it’s really not that exciting.

Continue reading

My Worst Investment Ever

Worst Investment Ever

We’ve all made bad choices in life when it comes to money and even me, as a financial advisor, falls right into that category as well. Granted, I’ve learned a lot of what to do, but that still doesn’t mean I haven’t made my share of mistakes when it comes to investing.

Everyone has some kind of “worst investment ever” story and that goes for just about every other financial advisor too. Believe it or not, we tend to think we’re really smart and only pick winners when it comes to investments—but, bold brutal truth, we’re not. If your financial advisor is telling you differently, then I’d start looking for another one.

Continue reading

Ask Us A Financial Planning Question!

NextGen Wealth, LLC is a registered Investment Advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities product, service, or investment strategy. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor, tax professional, or attorney before implementing any strategy or recommendation discussed herein.

Legal, privacy, copyright and trademark information
Terms and Conditions | Web Privacy Policy
Copyright © 2017 NextGen Wealth. All rights reserved
Web Design and SEO by Igniting Business

Create Your Own Financial Plan

I apologize for the broken link! To make up for it...

Get My FREE Copy of The "0 to 10k Subscribers" Ebook