Author - Alan Moore, CFP®, MS

1
How Do I Start Saving? 5 Tips To Get Started Today!
2
Should Couples Combine Finances?
3
Why Balance Your Checking Account?
4
The Dangers Of Oversaving – Yes It Is A Word!
5
Should I Buy Life Insurance To Pay Off Student Loans At My Death?

How Do I Start Saving? 5 Tips To Get Started Today!

Very few people get really excited about saving money. Sure, there are some people out there that really love it, but for the rest of us, it just isn’t all that fun. Most would rather spend our money today on things we think will make us happy instead of putting it away to fund our future goals. Why is that? Our brains are actually wired this way. We receive a rush of endorphin’s when we spend money, but don’t receive any benefit when we save money.

When people ask me for advice on how to start saving, the first step …

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Should Couples Combine Finances?

As hard as it is to believe, the world is changing! The topic of combining finances is one that frequently comes up with younger clients and clients that are remarrying, although it is certainly applicable to all couples. Couples can be traditional married couples, same-sex couples, engaged couples, life-long roommate couples, and every set of 2 (or more?) people in between. As more people wait until they are older to get married, there is a level of independence that has been achieved they may not want to give up. Combining finances can represent a loss of independence, control, and even …

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The Dangers Of Oversaving – Yes It Is A Word!

Every time I type the word oversave into Microsoft Word, the ugly red line appears to let me know the word doesn’t exist. But when I type overspend, no red line appears. As a society, we recognize and frequently discuss the dangers of overspending, and yet oversaving is hardly ever mentioned. In a search of Google, overspend has 1,760,000 results, while oversave only has 374,000. Why is that?

I was recently discussing this topic with a group of financial planners. The consensus among these highly skilled and respected advisors is that oversaving isn’t a big …

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Should I Buy Life Insurance To Pay Off Student Loans At My Death?

Student loan debt has topped $1 trillion, and is rapidly climbing. According to FinAid, total student loan debt is growing by $2,853.88 per second… That’s over $10 million per hour! Unfortunately, unscrupulous crooks are using the debt as a way to scare people into making bad financial decisions… Take the following story for example…

A friend recently came to me and was furious… She is in her late 20’s, middle income, with no spouse, significant other, or children. A life insurance salesmen approached her about buying a Whole Life Insurance policy. My friend knew enough to know that she …

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