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Personal Finance FAQ

What should you do immediately after getting laid off?

Dallas, Texas based certified financial planner Jason Hull recommends having a short term and a long term plan if you recently lost your job because of the coronavirus pandemic. To do in the next 24 hours: File for unemployment. It’s critical to get the flow of income coming in as soon as you can. You […]

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Personal Finance FAQ

How to cut expenses during the coronavirus pandemic

The best strategy for cutting your household expenses is to do a thorough review of your spending from the past 6 months. Be ruthless. For every; line item, ask yourself if this is a need or a want. If it’s a want, cut it until we have more financial security. Then, automate as many payments […]

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Personal Finance FAQ

How to talk to your aging parents about their finances during the coronavirus pandemic

Dallas, Texas based Certified Financial Planner Jason Hull of Hull Financial Planning thinks that, if you need to use coronavirus as a reason to talk to your parents about their finances and you haven’t done so, it’s a great idea. “Most parents were brought up in a time when talking about finances was taboo. They […]

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Personal Finance FAQ

How to Save Money for a Wedding

There are two ways to approach saving for a wedding. First, let’s address the actual activity of saving. I recommend that the couple-to-be establishes a side account to put money aside for the wedding. This will put them in good stead for the future, as having that side account and practicing setting aside money for […]

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Personal Finance FAQ

Should You Pay Yourself a Paycheck If You REFIRED?

Taxes grow without rain. –Jewish proverb My wife and I REFIRED at the end of 2019, with the intent of living solely off of the profits of our real estate investments. Since I am on some boards, I receive income from those boards, and, because of that earned income, we’re still able to contribute to […]

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Personal Finance FAQ

USAA’s Investment Products Are Quickly Moving to USAA in Name Only

Always sleep with one eye open. Never take anything for granted. Your best friends might just be your enemies. –Sara Shepard When I was a junior at West Point, we all were offered a loan. It was for $12,000, if I remember the amount correctly, and there were 3 banks that offered the loans. There […]