Nerd's Eye View

DECEMBER 1, 2022

As financial planning has evolved over the years, better tools have become available to help advisors maximize their impact with more clients by increasing their efficiency. robo-advisors) might someday replace human advisors, there are still many elements of financial planning that benefit from engagement with a human advisor.

Planning 246

Planning Financial Planning Financial Advice Clients 246

Dear Mr. Market

AUGUST 23, 2024

Dear Mr. Market: Budgeting apps play a vital role in helping us keep track of our spending, save for future goals, and maintain control over our financial health. Today, we dive into six promising alternatives: YNAB (You Need A Budget), PocketGuard, EveryDollar, Goodbudget, Honeydue, and NerdWallet.

Budgeting 111

Budgeting Education Financial Planning Management 111

MainStreet Financial Planning

JANUARY 10, 2025

A quote from one of my favorite books, The Little Prince by Antoine de Saint-Exupery says, A goal without a plan is just a wish. Whether you’re focused on building a retirement fund, saving for a big purchase, or simply improving your financial habits, setting clear, realistic goals and crafting a solid plan are the keys to success.

Budgeting 86

Budgeting Planning Retirement Financial Planning 86

Nerd's Eye View

MARCH 6, 2025

As such, new firms that start with low fees might make plans to raise fees quickly and, in the meantime, avoid promising clients that the fees will stay the same. And while new clients often come in at higher fees, early clients may still be paying well below the firm's current rates.

Clients 182

Clients Ethics Financial Advice Budgeting 182

Clever Girl Finance

FEBRUARY 28, 2023

Maybe you overspent on a housing project or didn’t account for a last-minute expense, but your budget got blown again. Thus, a paper and pen option like a budget binder could be the tool to unlock your financial success. What is a budget binder? A budget binder is a visible way to use a zero-based budgeting system.

Budgeting 105

Budgeting Planning Accounting Management 105

Nerd's Eye View

DECEMBER 5, 2023

billion of AUM (and is now increasing the firm's marketing budget and hiring a dedicated marketing professional to help further expand his firm's reach). billion of AUM (and is now increasing the firm's marketing budget and hiring a dedicated marketing professional to help further expand his firm's reach).

Compensation Planning 245

Compensation Planning Planning Financial Advisor Clients 245

Abnormal Returns

JANUARY 15, 2025

podcasts.apple.com) Retirement Retirement is a great time to do some creative tax planning. theatlantic.com) Five insights from Dana Miranada's new book, "You Dont Need a Budget: Stop Worrying about Debt, Spend without Shame, and Manage Money with Ease." nextbigideaclub.com) Five types of wealth you should actually shoot for.

Retirement 157

Retirement Tax Planning Taxes Budgeting 157

Clever Girl Finance

JULY 16, 2023

Budgeting as a couple is critical in managing your household finances. Your budget not only allows you to plan and track where the money will be spent, but it enables you to direct the course of your finances together. What is the best budget for a married couple? How do you split finances as a couple?

Budgeting 98

Budgeting Communication Certified Financial Planner Accounting 98

Clever Girl Finance

AUGUST 21, 2024

Setting a budget might sound about as fun as doing your taxes, but trust me, it doesn’t have to be a drag! Think of it as planning your future, making sure you have enough for those big dreams, and yes, even being able to order your favorite dinner in on Friday night. Plan for the unexpected 5. Table of contents 1.

Budgeting 98

Budgeting Planning Retirement Transportation 98

Carson Wealth

JULY 3, 2024

Set up separate plans and goals for your business and your personal finances. Have a Comprehensive Budget (and Stick to It) A well-structured budget is a roadmap for your business’s financial health. It helps you plan for future expenses, allocate resources efficiently and stay on track with your financial goals.

Financial Planning 142

Financial Planning Planning Retirement Planning Tax Planning 142

Clever Girl Finance

NOVEMBER 4, 2023

Love it or hate it, if you want to be financially successful, you need to budget your money and success with budgeting means understanding budget categories. So, let’s talk about the various categories that you might need, including a budget categories list! How many categories should I have for a budget?

Budgeting 98

Budgeting Insurance Retirement Food 98

Clever Girl Finance

JANUARY 16, 2024

There are many different ways to come up with your perfect budgeting strategy. Alongside your monthly budget, you should also have a bare bones budget waiting in the wings. Table of contents What is a bare bones budget? Who needs a bare bones budget? It’s a budget that only covers the necessities.

Budgeting 98

Budgeting Food Transportation Retirement 98

Clever Girl Finance

JULY 13, 2024

The 60/30/10 budget turns the traditional rules of budgeting upside down. Instead of focusing on discretionary spending, this budgeting rule emphasizes sprinting toward our financial goals. And although the 60/30/10 rule budget won’t work for everyone, many could use it to take their finances to the next level.

Budgeting 98

Budgeting Transportation Retirement Food 98

Clever Girl Finance

FEBRUARY 11, 2025

If you’re thinking about using the cash envelope system to budget effectively, having the right cash envelope wallet is key. A well-organized wallet makes it easy to divide, access, and track your cash, helping you stay committed to your budgeting goals. The cash envelope system essentially puts you on a cash budget.

Budgeting 77

Budgeting Numbers Management Insurance 77

Clever Girl Finance

DECEMBER 16, 2023

If you don’t feel like you truly have a strong handle on your finances, one possible cause for that is using a budgeting method that doesn’t work. While not everyone needs a to-the-penny balanced budget, some type of budgeting strategy or template is really important if you want to know where your money is going month after month.

Budgeting 98

Budgeting Retirement Accounting Taxes 98

Clever Girl Finance

MARCH 29, 2024

When you are paid on a biweekly basis, it may make sense to create a biweekly budget. A biweekly budget is perfect for those who get paid every other week. You can structure your budget around your paychecks so you don’t miss anything with your money, and you can find out how here! How does a biweekly budget work?

Budgeting 98

Budgeting Planning Accounting Management 98

Clever Girl Finance

OCTOBER 9, 2023

Whether you’re working for yourself or have an irregular job schedule, budgeting on an irregular income can be tough. But creating a budget for this type of income is easy to learn! Table of contents Budgeting when you have an irregular income 1. Create your baseline budget 2. Can you budget with an irregular income?

Budgeting 98

Budgeting Planning Education Retirement 98

Clever Girl Finance

SEPTEMBER 5, 2024

But once I discovered the magic of budget templates, everything changed. Table of contents What is a budget template? The Best budget templates: Spreadsheets The Best budget templates: Apps Expert Tip: Find a budget template that works for you What are some key features to look for in a budget template?

Budgeting 98

Budgeting Accounting Management Banking 98

MainStreet Financial Planning

APRIL 28, 2025

For our family, my husbands upcoming retirement after 29 years in the military was not just about financial planning for the futureit was also about making his long-held dream a reality. But a trip like this doesnt just happenit takes thoughtful financial and logistical planning. Lets plan it together. One of his biggest goals?

Financial Planning 54

Financial Planning Planning Retirement Budgeting 54

Clever Girl Finance

AUGUST 10, 2023

Budgeting is one of the most important financial habits to develop. There are so many budgeting methods out there to choose from, but it’s not just creating a budget that will set you up for financial success. How do I plan for variable vs fixed expenses in my budget? What are average expenses for a household?

Budgeting 98

Budgeting Insurance Accounting Medical 98

Clever Girl Finance

JANUARY 16, 2023

Just because you’re on a budget doesn’t mean that you can’t pamper yourself. In fact, I’d argue that self-care is one line item that should remain in your budget as you work to improve your finances. There are some frugal tips that you can leverage to pamper yourself on a budget. Don’t forget to budget for it ahead of time.

Budgeting 105

Budgeting Food Planning Financial Planning 105

MainStreet Financial Planning

NOVEMBER 9, 2023

Many of our clients have used Mint and it has been a favorite of MainStreet Financial Planning for many years. With the recent news of Mint shutting down, we wanted to share a few helpful alternatives for budgeting tools to help you stay on track with accomplishing your goals! month or if you pay all at one time it is $99.99/year

Budgeting 98

Budgeting CFP Financial Advisor Financial Planning 98

Nerd's Eye View

OCTOBER 16, 2023

Given that larger firms tend to have more substantial marketing budgets to attract clients, smaller firms and their advisors have had to look for alternative ways to differentiate themselves from the competition.

Financial Planning 246

Financial Planning Marketing Marketing Financial Advice 246

Clever Girl Finance

MARCH 9, 2024

How can you ensure you don’t go over your budget? However, with the right strategies, learning how to stay on budget can be done! Table of contents Fundamentals for budgeting success 6 Tips for staying on budget Expert tip: Try loud budgeting How can you ensure you don’t go over your budget? Let’s dive in!

Budgeting 98

Budgeting Accounting Planning Transportation 98

Clever Girl Finance

SEPTEMBER 11, 2023

Like many, you might shudder at the word budget, or perhaps it sounds too boring or challenging to figure out. But the 50-30-20 rule and the 50 30 20 budget template prove it doesn’t have to be difficult. If you’re looking to simplify your budgeting process or are new to budgeting, then this might be the perfect match!

Budgeting 105

Budgeting Taxes Transportation Healthcare 105

Clever Girl Finance

JANUARY 16, 2024

A quick Google search of budgeting methods will show you that there’s no shortage of options out there. There is, however, one particular budgeting method that could work well if you are just getting started with budgeting and more so if you don’t like the idea of a monthly budget. What is a paycheck budget?

Budgeting 98

Budgeting Accounting Banking Planning 98

Clever Girl Finance

SEPTEMBER 7, 2023

In personal finance, where income, expenses, dreams, and aspirations converge, the budget emerges as a crucial tool. It’s not just a set of numbers, rather, it’s a strategic plan that empowers you to navigate the complexities of financial decisions. Table of contents What is a family budget? What is a family budget?

Budgeting 98

Budgeting Transportation Medical Insurance 98

Clever Girl Finance

JANUARY 22, 2024

If you’re really struggling financially and aren’t sure which problem to tackle or how, budget counseling can help. Table of contents What is budget counseling? Does budget counseling affect your credit score? Articles related to counseling and budgeting Consider budget counseling to get your finances in order!

Budgeting 96

Budgeting Financial Counseling Debt Management Financial Advisor 96

Abnormal Returns

JUNE 9, 2024

humbledollar.com) Russia An increasing portion of Russia's budget is dedicated to fighting Ukraine. wsj.com) A plan to invest and accelerate agricultural productivity. (spyglass.org) Alternatives More investors are facing up to the problem with illiquid alternatives. msn.com) How Russian propaganda spreads despite bans in place.

Financial Advising 273

Financial Advising Budgeting Economics Media 273

Abnormal Returns

OCTOBER 25, 2023

whitecoatinvestor.com) You can only plan so much for retirement. bestinterest.blog) What is the goal of reverse budgeting? awealthofcommonsense.com) Automatic enrollment in retirement savings plans works. If either of them doesn't happen, you don't run out of money." humbledollar.com) Why you need something to retire to.

Retirement 261

Retirement Budgeting Planning Accounting 261

MainStreet Financial Planning

JANUARY 23, 2025

Review Your Estate Planning Documents Take some time to review the key documents in your estate plan, such as your will, power of attorney, and property deeds. Revise Your Annual Budget Look over your budget from the previous year and make adjustments for 2024.

Estate Planning 77

Estate Planning Budgeting Taxes Insurance 77

Nerd's Eye View

DECEMBER 13, 2024

Also in industry news this week: While the SEC has had the power to restrict mandatory arbitration clauses in RIA client agreements for more than a decade, an advisory committee meeting this week suggests support for such a measure isn't unanimous CFP Board saw a record number of exam-takers during 2024, reflecting recognition of the professional and (..)

Financial Planner 246

Financial Planner CFP Retirement Certification 246

Nerd's Eye View

DECEMBER 23, 2022

”, a series of measures that will have significant impacts on the world of retirement planning. A review of financial planning actions, from tax-loss harvesting to charitable giving, that have a December 31 deadline.

Financial Planner 246

Financial Planner Financial Planning Retirement Planning Budgeting 246

Nerd's Eye View

OCTOBER 24, 2023

Sarah-Catherine is the founder of Aptus Financial, a fee-only financial planning firm based in Little Rock, Arkansas, that is approaching $2M in revenue and works with over 480 client households. Welcome to the 356th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Sarah-Catherine Gutierrez.

Financial Advisor 246

Financial Advisor Financial Planning Planning Clients 246

Nerd's Eye View

OCTOBER 14, 2024

Many employee advisors gravitate toward service-oriented roles; this preference often stems from their initial motivation for entering the profession – wanting to help clients or perform the more analytical aspects of investing and financial planning. Rarely do they enter the field to be in a sales or marketing role.

Strategic Planning 246

Strategic Planning Sales Clients Planning 246

Abnormal Returns

NOVEMBER 29, 2023

theretirementmanifesto.com) Retirement planning is difficult because there are so many things decisions to make. wsj.com) What is the difference between traditional and reverse budgeting? (nytimes.com) Retirement Some alternatives to a fixed retirement withdrawal rates. rogersplanning.blogspot.com) Who is going to take care of you?

Retirement 274

Retirement Retirement Planning Budgeting Portfolio 274

Good Financial Cents

MARCH 17, 2023

This information is critical if you want to create a budget and manage your money correctly. I’ll also share some budgeting and side hustle tips so you can get the most out of the money you earn. In your budget, you should plan to set aside money to cover future expenses, such as a vacation, a house downpayment, retirement , etc.

Budgeting 103

Budgeting Taxes Retirement Planning Food 103