The Classic Story of a Spender and a Saver

The untypical financial planning blog! Yes, my wife came up with the title as I get teased a bit for being a little frugal. However, we do try to find some humor in it. Hopefully some of these random thoughts will help you in your financial journey, So enjoy! - James Daniel, CFP®, CFA, CMT, EA Now for the DISCLAIMER: This blog is not intended as financial advice. We encourage you to consult with your personal advisor before acting on anything you read here.

Personal Finance FYI: are you due a tax refund on your stock options or grants?

Written on September 7th, 2017 by Jamesno shouts

medicare plan F vs. plan G

Written on August 21st, 2017 by Jamesno shouts

Came across these two videos that compare Medicare supplement plans F and G.  Most folks naturally gravitate toward Plan F since it covers the deductible, but that may not be the best choice.  Especially once you consider the higher premiums and higher annual increases associated with Plan F.

https://www.youtube.com/watch?v=sHj3-Y_gwUs

https://www.youtube.com/watch?v=bmU0KdQuxbU

 

Find unclaimed money in your name

Written on August 18th, 2017 by Jamesno shouts

Good article about a new website on Clark Howards site:  http://clark.com/personal-finance-credit/this-website-will-notify-you-if-theres-unclaimed-money-in-your-name/

Redefining Retirement age……

Written on July 17th, 2017 by Jamesno shouts

Two legendary rock musicians performed in Atlanta last night.  Peter Frampton is 67 and Steve Miller is 73.  Quite an impressive show.  These guys show that age is only a number and should never be used to slow you down.

CNBC article – protecting retirement income from taxes

Written on June 28th, 2017 by Jamesno shouts

http://www.cnbc.com/2017/06/28/these-tactics-will-protect-retirement-income-from-taxes.html

help a rural hospital, save on state income tax

Written on June 6th, 2017 by Jamesno shouts

There is a rural health crisis in Georgia and many rural hospitals are facing severe demographic, industry, and financial challenges. Now, you can pay your 2017 Georgia income taxes with a contribution to a qualified rural hospital, improving access to health care for their fellow Georgians.

A summary of the key features of SB 180 include:

·         90% of each contribution qualifies for an offsetting tax credit

·         A maximum credit of $5,000 for individuals and $10,000 for married couples

·         For AMT taxpayers, contributing may save them money

·         The tax credit pre-approval submission process takes less than two minutes

Learn more at http://www.georgiaheart.org/.

A Life Changing rally on tap?

Written on May 2nd, 2017 by Jamesno shouts

Interesting article.  Could it really happen?  http://www.marketwatch.com/story/a-life-changing-rally-is-shaping-up-in-the-stock-market-predicts-one-fund-manager-2017-05-01

Something to think about

Written on April 4th, 2017 by Jamesno shouts

We never know if this will happen to us or how it could affect our retirement dreams.  A very real disease that we all need to have a plan for:  https://www.yahoo.com/style/this-son-is-documenting-his-mothers-dementia-in-a-heartbreaking-video-series-173544541.html

Why hire a CFA to manage your wealth?

Written on April 4th, 2017 by Jamesno shouts

There is a difference:

https://www.cfainstitute.org/learning/investor/Documents/why_hire_a_cfa_charterholder.pdf