Articles
I Have a Secret to Tell You
I have a secret to tell you about making more money. First, I want to tell you why we are having this discussion. I did a Google search on ways to make more money and was surprised to find that most of the answers had nothing to do with production or work. The...
Changing Your Financial Pace
The long-term survival of a human being, a family, a company, a nation, or a tomato plant for that matter, depends upon its ability to be more right than wrong in the actions it takes. Right actions allow the organism to survive longer, produce more, flourish, and...
A Story About Gravity
If you live on planet earth you know about the natural law of gravity. You understand the necessity of it. If you’re like me you’ve probably tested it. I remember the day I jumped off the top of my slide with an umbrella, convinced I could fly like Mary Poppins. I...
How to Thrive, Expand & Pay Taxes
As a private practice owner, I have a natural disdain for paying taxes. I see how much my partners and I, and all of our clients pay every year and I dream of all the business expansion and wealth building which could occur if 25-40% of our production was not siphoned...
How to be Smarter than a Physicist
Albert Einstein is quoted as saying, “The hardest thing in the world to understand is the income tax.” And this guy is a world-renowned physicist! I am thinking he probably hired a good accountant to help him navigate through the process of preparing and filing his...
Cost of Financial Freedom
Call me old fashioned, but I love the grind. I love it when it starts getting really heavy and hard. I love it when everyone is ready to quit and throw in the towel. I love it when I get 55 reasons why something “can’t be done.” I didn’t always love it, but I sure do...
A Lesson From a Rock Star
Just Press Play I listened to a lot of hair bands growing up in the ‘70s and one thing was for sure – most of them could have cared less about their reputation. I remember reading about wild parties, trashed hotel rooms and out of control concerts. This was the PR...
The Anatomy of Financial Ruin
https://econologicsfinancialadvisors.com/the-anatomy-of-financial-ruin/Anatomy: separating or dividing into parts for detailed examination. Ruin: a. a state of complete destruction b. the state of having lost money, social status, etc. - Merriam-Webster As an advisor, I have spoken with hundreds of practice owners and I have seen them go...
Let’s Watch the Grass Grow!
Recently I read this quote from American economist Paul Samuelson: “Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” For those of you who have been to Las Vegas, you know what he’s talking...
Pass the Wine, Please…
I recently took a trip to France and had the opportunity to tour some wineries. Fascinating business, making wine. Did you know winemakers use satellites to monitor their vineyards? Some of them even have their land divided into grids so that they can monitor the soil...
Just Press Play
If you have ever turned on the TV and saw the infomercial for the INSANITY workout, you would know that it is a 30-minute, high intensity workout that basically turns you into a big ball of sweat, rolling on the floor gasping for breath. When I decided to take the...
Minimizing Taxes
Throughout history taxes have been necessary to pay for public services and needs. As the civilization grows, so does government, and this requires more revenue to pay for the expenses of the Treasury. Legislation is passed and new financial commitments are created on...