The Plan Wisely Resource Library

The answer to this question depends a lot on two things: the type of debt you have and the type of investor you are. In most situations, paying off high-interest debt — especially credit cards…

The way you should invest your money really comes down to the goal and the purpose of that money. We like to attach purpose to every investment account, because that purpose should drive how the…

You’ve probably heard the terms “financial advisor” and “Certified Financial Planner,” and it can sound like marketing jargon. So what’s the real difference?  Here’s the simple version. A financial advisor is a broad title. Anyone who helps with investments, insurance, or general money questions can…

The question “How much do I need to retire comfortably?” can actually be answered two different ways.One is: How much income will you need in retirement?The other is: How much do you need to have…

One of the most practical and popular questions I get is, “How much should I be saving every month?” People love a rule of thumb, so here it is:If you can, aim to save 15…

So let’s talk about this word “fiduciary,” because it matters more than most people realize.  A fiduciary is a financial professional who is legally required to put your best interest first. Not occasionally. Not when it lines…

Preparing for your kids’ college can be an emotional money decision for parents. We don’t want to feel like we’re denying our kids their “dreams,” and that can make the financial side of college planning…

When we talk about taxes and investing, it helps to zoom out first. There are really three main types of investment accounts, and each one is taxed differently. First are tax-deferred accounts, like traditional IRAs…

If you’re investing for the long term, history favors getting started now — whether that’s investing all at once or easing in with a plan. So what really matters isn’t what the market is doing…

The question of how much risk you should take in your investment account always comes back to one thing: the purpose of the account. Why does this money exist, and when will you need it?…

People ask me all the time, “Am I on track for retirement?” And the honest answer is… you won’t know until you define what “on track” even means for you. Most people start with a…

For many people, budgeting feels restrictive, frustrating, or like something they should do but never quite stick with. That’s not because budgeting doesn’t work. It’s usually because it’s been taught the wrong way. We created…