4 Questions to Ask Before Hiring a Financial Advisor

So, you're looking toward retirement and want to find the right person to manage your investments. Whether you’re 20 or 60 years old, it’s important to find someone that will take good care of you and your money. Unfortunately, there's a lot of advisors out there who may not have your best intentions at heart. So how do you find the right person? First of all, I recommend interviewing at least three people. Don't just stick with your friend or family member, but talk to three different people and interview them, just like you would interview someone for a job. Since you’ll be paying them money to manage your finances, it's important to get to know them and make sure that their philosophies l

How to Pay Cash For High Ticket Items

So you've bought into the "no-debt" lifestyle. Everything is going great when suddenly you're faced with a high ticket purchase. There's not enough in your budget to cash flow it, and you definitely don't want to charge it. So what do you do? The answer is pretty simple. In fact, you probably already know what it is. Handle it the way your grandparents did; pay cash. Whether it's an expensive article of clothing, or a new car, using sinking funds to save money will save your budget and keep you out of debt. What is a Sinking Fund? A sinking fund is a savings created by putting small amounts of money away over time to pay for a large purchase. You may have many sinking funds incorporated i

The Best Money Tip For Couples

Once you’ve established financial freedom from your parents, you are allowed to make the decisions about how to use your hard earned cash. You have learned that the money you made belongs to you - it’s yours, not theirs. When talking about your financial responsibilities, you refer to your bills as “my bills,” your spending money as “my spending money,” and your debt as “my debt.” This is a “mine” mindset about your money. This is a normal mindset for a single person to have. However, once you get married, you need to abandon the “mine” mindset and dive into the “ours” mindset. This change will be economically beneficial, but it may not be easy. You may have learned that what you earn is all

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Profit First Coach

info@craigdacy.com |   (512)573-4387

Austin, TX

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