Why Does It Seem Like My 401k Isn’t Growing?

Why 401k not growing

This seems to be one of the most common questions I have asked to me on a regular basis. It’s certainly a fair question and one that’s probably gone through my head a few times.

Now that we live in more of an “instant gratification – what have you done for me lately world” we expect to see results immediately. While there are times you’ll actually notice faster growth within your investments because of a specific sector or company, for the most part it’s basically like watching a tree grow.

Continue reading

How to Make a Budget Bearable

How to make a budget bearable

The budget. To many, it is simply known as the “b” word. The budget has turned into this scary thing that few people dare to discuss.

I’m not sure if it’s just overwhelming to think about tracking or if people fear seeing where they’re spending their money. Regardless of the reason, the budget is the foundation to anyone’s personal financial situation.

Continue reading

5 Interesting Things I’ve Learned From Being a Financial Advisor

Things Ive learned as a financial advisor

Crazy enough, but I’ve been a financial planner, financial advisor, wealth advisor (the list goes on and on) for 16 years now. I’ve seen a lot over that time frame, both good and bad.

Getting into this industry in 2001 when the tech bubble was beginning to burst was quite an interesting time. I didn’t think I would see anything like it again, but then came the housing bubble of 08-09. Yet, since that time we have seen quite the run-up and one that we’re still riding to this day.

Continue reading

Why Don't People Practice What They Preach?

Why we dont practice what we preach

We are all guilty of it. We’re much better telling people what to do than actually doing it ourselves. My wife is awesome at this (don’t worry, she’s well aware). Here motto truly is “do as I say, not as I do.”

But it’s not just her – and me for that matter – but so many other people out there. Why do financial planners preach no credit card debt but have credit card debt themselves? Why do politicians have extramarital affairs but preach family values? Why do prosecuting attorneys put people in jail but then break the law themselves? Why do doctors preach good health but are overweight and smoke? So many questions!

Continue reading

What Your Dog Can Teach You About Being a Better Person

What your dog can teach you

Let’s face it; everyone loves the family dog – sometimes even more than their actual family. With the amount of love we have for our dogs, not to mention the amount of money we spend on them, you’d think we’d try to learn something from them.

They certainly make our lives happier, but can we actually learn something from them? Well, of course we can. Here are a few things your dog can teach you about being a better person. Listen up, your dog is actually doing more for you than you think.

Continue reading

To Hell with New Year's Resolutions, Just Form One Good Habit

Form Good Habits

So, how are those New Year’s resolutions coming? It’s only a few days into the year, so I’m sure they’re going great. Or are they?

If you missed last week’s post, Why New Year’s Resolutions Suck, you know my opinion of them. Let’s face it, New Year’s resolutions are destined to fail even before the year begins. If you’re one of the rare few who can accomplish them, then more power to you. If not, keep on reading.

Continue reading

Why New Year's Resolutions Suck

New Years Resolutions 3

Every single year millions of people start the New Year with high hopes of finally achieving their resolutions. For some reason, they’re actually going to accomplish them because this year is going to be different.

They’re not going about it any different from previous years, but for some reason this year they’re finally going to be able to check that resolution off the list. I feel like this is the exact definition of insanity – doing the same thing over and over again and expecting a different result.

Continue reading

Why the Heck Don't You Use a Rewards Credit Card? 

Rewards Credit Cards

I’m not sure if I have a problem, but I am always curious to see what type of credit card people use when checking out. I certainly see a wide variety, but inevitably I see a lot of non-rewards type credit cards and debit cards.

Now don’t get me wrong, I am sure I’ve misidentified plenty and also know there are debit cards that offer some sort of cashback. And I will admit, this definitely wasn’t any kind of a scientific experiment, but I feel like I’ve been doing this for quite a while (hopefully, this doesn’t put me in creepy status).

Continue reading

The 3 Financially Savvy Things You Must Do After Getting a New Job

Financial things to do after new job

So you made it through all the interviews and landed a great job. Now it’s time for the rubber to meet the road. Getting a new gig is great, but for many of us, it is change and that can always lead to a lot of stress.

You now have a new commute, a new role, new colleagues and a completely new routine. Dealing with all of that is hard enough and certainly can add a little anxiety in your life. Take a deep breath and relax. You made it through the hard part.

Continue reading

Low Mortgage Rates Still Add Up to a Lot of Money Over Time

Mortgage interest 1

Do you know how much interest you are paying over the life of your mortgage? I’m guessing you didn’t pay much attention to that after going through the giant stack of paperwork to secure the mortgage in the first place. For most of us, we simply grit our teeth and just start signing.

Well, somewhere in that stack of paperwork was your amortization schedule (fancy loan officer jargon). This is a form that shows all of your payments for the life of the loan and how much interest you would be paying over that time frame as well.

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