Remember the McDonald’s hot coffee fiasco? A lady bought a cup of coffee, spilled it on her lap and sued. McDonalds was found liable and damages were assessed in the millions. It doesn’t take much [...]
In Econologics® Results-Based Financial Planning®, we utilize a 3-valued equation to guide us in the accomplishment of an Optimum Financial Condition in one’s household—Income-Expense-Protection. This sequential equation starts with the earning of income, then the [...]
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 [...]
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 [...]
One of the most important economic decisions one can make during one’s lifetime is choosing the person to act as the primary financial advisor to your household. To choose more than one primary advisor has proven time and time again to be disastrous since the conflicting opinions and advice from more than one advisor will cripple your ability to be certain in your decisions and will therefore prevent necessary action being taken to improve your financial condition.