FAQs
+How does this work?
- First, we see if we are a good fit. Do you like me? Do I like you?
- If yes, then you get a data gathering form to help you track down all of the pieces of your financial life.
- You send them over.
- I build a file.
- We have our first meeting where I lay out where you are at right now, and the work begins. This work includes, but is not limited to:
a. What are your goals, hopes, aspirations?
b. How is your budget working?
c. How do taxes work?
d. How does a mortgage work?
e. Should you buy a rental?
f. What happens if you have kids?
g. How does saving impact tax?
h. How does not saving impact investments?
i. What is a reserve fund?
j. What if you take a sabbatical?
k. What if you have to take care of a family member?
l. What if you hate your job?
m. What if your health fails?
n. What if you die?
o. What if you make more money?
p. What if you make less money?
q. How much do you need to retire?
r. How much do you need to be rich?
s. How do you decide between job offers?
t. How will making more or less money impact your tax liability?
u. How much money shoul you give away?
v. Why is a budget so important?
w. What makes you feel secure financially?
x. What is an appropriate budget?
y. What if you haven't saved for your kid's education?
z. What is the best way to save for your kid's education?
- This doesn't happen in just one meeting. We have at least four, and after each you will receive a to do list which will help fine tune your current picture and set you up for the future.
+Do you work hourly?
I rarely take hourly work. With planning, each string pulls another, so to look into one piece of your personal economy without knowing the other I can't truly analyze your problem.
+Do you really never work hourly?
OK, sometimes I do, but for very specific situational analysis. For example, how do I save for retirement if I have no retirement plan through work? How can I set up an investment account? How much will college cost?
What is not an hourly question: Am I ready to retire?