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 INSANITY plunge, I ordered 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 a continuous basis, creating a limitless demand on the resources of the […]
Skyrocket Your Income
The topic of income and making more money seems to be at the top of everyone’s agenda. When I consult with practice owners, making enough money is the #1 priority for most of them and as well it should be. After all, the amount of income you create is going to allow you to survive […]
Protect Your Assets From the Enemy
Asset protection is an often overlooked, yet vital part of obtaining the Optimum Financial Condition. It also has many different meanings and applications. Most of us tend to think of asset protection in the scope of what happens if there is some kind of a lawsuit levied against us. Other very important questions you should […]
Don’t Let the Tax-Tail Wag the Dog
I have a confession. Taxes are not my favorite subject. The tax code is a complex labyrinth of opinions and verbiage which would take a lifetime of research to try and clarify. Unfortunately, in working with over 200 practice owners I can say that a vast majority of your financial complaints are due to some […]
Eliminating Debt: 4 Action Steps
After meeting with over 200 families, it’s been my experience that one of the primary concerns most private practice owners articulate as being THE barrier to their financial freedom is having too much debt. During the delivery of a financial plan, one of my most enjoyable moments is when we review and analyze eliminating their […]
Preserve Your Reserves
I do like simple things. There is no truer test of a genius then someone who can take something that is seemingly very complex and reduce it down to a simplicity. One of the reasons I admire private practice health care professionals is their ability to take a complex case with a patient, apply their […]
If the analytics are boring, then you’ve got the wrong numbers
I was never much of numbers person, which may sound like a contradiction coming from a Financial Planner. I happen to have the viewpoint that the attainment of REAL financial freedom is achieved primarily by your consistent good habits, attitudes, and actions while having the persistence to plow through the barriers which challenge you along […]
Private Practice Professionals: Pay Yourself First!
Part of my responsibility as a Financial Advisor is to observe and communicate what successful actions you as a private practice professional can do to ensure your financial future is certain and secure. The first step on your journey to obtain Financial Power is to Pay Yourself First! You may ask yourself how to pay […]