The News is Making You Poor

I’ve seen a lot of reactions to the news in the past week, both on the joyful and livid sides of the spectrum. The reasons for those reactions are not something that I have enough expertise or desire to dive into as someone who represents a financial company. However, I am of the opinion thatContinue reading “The News is Making You Poor”

Financial Pearls for the Fresh Pharmacist

Congratulations! You have come so far, learned so much, and it’s finally time to start the career you have worked so hard to prepare for. Along with this new job comes the coveted “pharmacist salary” you’ve been dreaming of for the past six or more years. Personal finance can feel overwhelming, especially when it isn’tContinue reading “Financial Pearls for the Fresh Pharmacist”

Free Your Inner Financial Prisoner

Growing up, my views on money were nothing different than the conventional wisdom seen today. It was something you made after going to college for an indefinite period of time, and then you probably had enough once you turned 70 and could stop earning it. I could “invest” my money by picking a stock ofContinue reading “Free Your Inner Financial Prisoner”

Three Financial Mistakes & How to Avoid Them

I recently read a book called The Latte Factor by David Bach. It is an effective story that demonstrates how small decisions and financial habits can compound over years and years to result in a large financial nest egg. I do recommend the book, and have noticed the financial benefit of making my own coffeeContinue reading “Three Financial Mistakes & How to Avoid Them”

Financial Literacy is Paramount

According to a 2017 study by Careerbuilder, 78% of U.S. workers live paycheck to paycheck in order to make ends meet, nearly 75% of workers say they are currently in debt, and 1 in 4 workers do not set aside any savings each month. Frankly, I’m not sure which one of the above findings pissesContinue reading “Financial Literacy is Paramount”

Mindful Spending in Practice

As the name of our business suggests, we approach personal finance using a mindful approach that considers the returned value from what you are spending, whether your spending ties in to your values and moving you closer to your definition of living a meaningful life, and the opportunity costs of your spending. Mindful spending makesContinue reading “Mindful Spending in Practice”

Our Investment Philosophy

Accelerating your journey to financial freedom occurs in three ways: Earning More Spending Less Investing Efficiently & Effectively Today we will be focusing on the third method: investing efficiently and effectively. As we are not financial advisors, we do not make any specific recommendations regarding how to invest your money. Instead, we will discuss howContinue reading “Our Investment Philosophy”

Ten Things that Bring Me Joy (And How I Optimize My Spending Towards Them)

One of the first tasks we assign to anyone we work with is to write down ten things that bring them joy. In terms of providing a clear picture of an ideal financial future, we believe this assignment is the most important to be able to understand what motivates a person to both trade theirContinue reading “Ten Things that Bring Me Joy (And How I Optimize My Spending Towards Them)”

Roth Conversion & Capital Gains Case Study

Last week we touched on some ways to take advantage of a year in which your income would be lower, specifically by converting funds from a traditional IRA into a Roth IRA as well as selling investments at a gain for the purpose of paying less in taxes. This week we’ll take a deeper diveContinue reading “Roth Conversion & Capital Gains Case Study”

Taking Advantage of a Low Income Year

I first heard the term “mini-retirement” when reading The 4-Hour Workweek by Tim Ferriss several years ago, and it really clicked with me as someone who was just starting their career. In short, as an alternative to working ~40 years straight before starting out to live your life on your own terms, you slide inContinue reading “Taking Advantage of a Low Income Year”