At Define Financial, we are big fans of tracking your spending. But it’s not because we’re nerds who love spreadsheets. (Although, that is true of your humble author.) We’re big fans of tracking your spending because we think that tracking your spending can have a profound effect on your life. When you track your spending,…
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If you’re reading this, it’s safe to say that you’re still kicking and breathing. But, that won’t last forever. To quote social media guru Gary Vaynerchuk: You’re gonna die. As financial planners, we think that you should plan for this occasion: dying. As heartless as that may sound, consider that it’s the opposite. Planning for your…
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Do you need disability insurance if you’re nearing retirement age? Like most financial planning questions, there is no single answer for every situation. Whether or not you need disability insurance near retirement depends on a few different factors, including: how much money you plan to save over the rest of your working career, the size…
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Who are the best San Diego financial advisors? Glad you asked! In today’s post, I want to highlight a few that I have come to respect and admire. “You. Have. Lost. Your. Mind.” -Taylor’s wife First, pocket these free resources: 35 Critical Questions to Ask a Financial Advisor [Download the PDF] The 10 Biggest Mistakes to…
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Recently, we were working with a client entering retirement. We were helping with her long-term financial plan and she had big (read: expensive) plans. For her golden years, she dreamed of a six-figure remodel on her current home — or maybe even purchasing another, larger property. The good news is that she can afford it. The…
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At the tail end of 2017, I signed up for my first only Brazilian jiu-jitsu tournament. In an effort to be competitive, I set a goal: lose 10 lbs. (This is because you compete by weight class.) Losing 10 lbs meant a strict diet of meat and vegetables. Now, as ridiculous as a strict regimen of…
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Why is cybersecurity so important? The internet is fraught with scammers and rip-offs. And since our entire lives live online, it’s more important than ever to learn how to protect yourself. What You Will Learn Cybersecurity 101: Use Complex PasswordsUse Anti-Virus SoftwareKeep Your Software UpdatedEnable Two-Factor Authentication (2FA) to Improve CybersecurityAlways Use a VPN over…
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The Investment Policy Statement (IPS) is a document that dictates how you invest your money. If you are working with a financial planner, the Investment Policy Statement (IPS) will also dictate how they invest your money for you. Here’s why creating this document is a good move: While your financial planner will make plenty of…
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