Finance Bros

Yeah, it's a little morbid to talk about, but life insurance is worth a chat. You pay your mortgage every month, your day care expenses for the kiddos, and try and sock some back for your family's future. Life insurance can make sure all of those things are still taken care of, even if you check in to the Sweet By and By a little early. You may have grand plans financially, and life insurance can guarantee they'll all come true no matter what....maybe just don't tell your wife how much you are worth dead. 

Would you rather make bank or be the bank? Most people we know chase the dream job, the six-figure gig, or they are willing to kiss as much tail as possible for whatever pays the most. Rats chasin' cheese for the most part, unfortunately. Next thing ya know - high car payments, upside down mortgages, maxed out plastic, and gray hair, brother! A high paycheck doesn't change your spending/saving habits. It only amplifies them. Fix yourself before you think your paycheck is the problem. It's better to have the money in the bank than having to wait on your boss to send it to you once a month. 

We like to think we're not alone in thinking that taxes feel a lot like punishment. However, being a participant in the greatest government system the world has ever seen...taxes are inevitable. They still sting, though....Roth IRA vs. Traditional IRA. Saving for retirement can offer tax benefits: some benefits are for you to have now, and some are reserved for later. Depends on you how you want it, bro!

Ah, the glory days. Looking back at old pics of yourself, wondering if you'll ever be able to look like that again. As you open that second bag of sour cream and onion chips, prepping for the second half of Monday Night Football...a revelation....No, you realize. There's no chance on the third planet from the sun you'll ever get back to that body. Well my friends...that's inflation. In America, consumer prices continue to rise along the same trending line that obesity does. Your money can't hide from inflation, but it can fight back. Tune in!

Gettin' a little hot in the kitchen on this episode! We are too young to be the curmudgeons of finance radio, however we feel the points made here hold true. Growing your family COSTS MONEY, and for the people in the back one time....that doesn't make it an evil thing to want to do. Insurance, doctors, baby toys, education, diapers, and all the unnecessary luxury items that exist for your little tyke are going to hit your bank statement. Try and prepare for them. Also, don't blow the baby savings account on parties and shenanigans before the baby is even born.  

We won't say it's imperative...but it is somewhat significant to understand how common investments operate. If you're going to move some money into an investment, probably a good idea to be able to answer "why" you did so. ETF's are a popular investment for people looking to put their hard earned dollar to work. We've covered how mutual funds are more "active" in nature. Prop your feet up for this one, and relax. We expose the laid back, "passive" qualities of ETF's.

Working, saving, budgeting, investing.....You've got to unplug for a second, man. Mapping out all of the necessary or, for that matter, unplanned costs of life can distract you from what truly matters....living your life NOW. We love vacations. As a matter of fact, we probably take too many weekend trips to the mountains or the coast. Obviously, being financially responsible is high on the priority list for us, but don't be a square! Go make a memory, just don't run the train off the tracks by renting the penthouse. You've worked hard to earn play time, so play nice. 

We get this one a lot..."What's a mutual fund?"...In our industry, MF is shorthand for mutual funds. Confusing clients with industry jargon is an age old sales trick used by advisors, lawyers, and the like across the country. We're not in that camp. Join the Bros for this half hour episode. We go through all the thick details to help you get to the bottom of what these MF's are all about. 

It's easier than ever to earn a little extra cheddar on the side. Turn your talent into money. We're not talking about quitting your day job and pursuing underwater basket weaving, brother. We talkin' bout that side hustle. Feel like you don't have any talents that you can monetize?? That's fine too. Clint's rule #4: You don't have to be good to hustle.