The #AskTheAdvisor Show

Bad spending decisions are crippling to your financial health, but I bet you would be shocked to find out what’s causing the biggest damage to your finances. Check out this week’s episode to find out what it is, and what you can do about it.

If you didn't already know it, YOLO is an acronym which stands for You Only Live Once. So far as we know that is certainly a true statement. But when it is stated in connection with finances, it is also associated with a spendthrift attitude, which is probably best summed up with the phrase "spend now and worry later."

The problem with following that path is multifaceted, not least of which because all debts eventually come due. Worse still, it could destroy your financial future. Check out this week's episode and let me know what you think.

As you probably noticed, the stock market took investors on a wild ride last week. At times like this it is more important than ever that you keep your cool and stay grounded to your plan. We have 5 tips to help you out and make you better off for the next one.

Social security plays an essential role in providing the income that Americans need after the end of their careers, yet many people don’t fully understand everything they should know about the program. What you don’t know can end up costing you after you retire, so tune in for some valuable info.

Americans are faced with a host of issues when it comes to retirement. Will social security remain solvent? Will Medicare be affordable? Am I saving enough money? In the end you don’t need to worry about all Americans, you only need to worry about yourself. Want a comfortable retirement? Follow my 10 commandments.

On August 16th the world lost the queen of soul after a long battle with pancreatic cancer. For all the success she had in her lifetime she failed to take care of one very simple estate planning basic......creating a will. She leaves behind an $80 million estate, and that will come with a hefty price.

We all do dumb stuff with our money, especially when we’re young. But there are a handful of bad financial moves that almost always come out negative. Nobody’s perfect, but if you avoid these mistakes, you’ll probably be in good shape money wise.

Developing a meaningful retirement doesn’t just happen. In fact, many people actually become a “failed retiree”. That is someone who is depressed with long days ahead and no fun or meaningful activities that they partake in. By following these five action steps, you can avoid becoming a failed, miserable retiree.

Even if your savings aren’t on track, you don’t have to resign yourself to a life of poverty in retirement. In fact, you can retire rich enough to have a comfortable lifestyle by following these power moves for your money.

You likely already know the standard advice about binding wealth: live below your means, max out your retirement accounts, pay off your debt...but in addition to those tried and true methods here are a few lesser known ways to build wealth.