According to CNBC, there is more than $1.2 trillion in outstanding student loan debt, owed by 40 million borrowers, who have an average balance of $29,000. * Do you have student loan stress? Large student loan balances can be a significant cause of stress. Stress over loans can lead to resignation. “I’ll have student debt […]
Archives for December 2017
The Advice Industry
A little history of the advice industry In this post I’d like to give a little history and background on the advice industry. It may not grab you right off as being the most compelling reading, but please stick with it. I have some valuable points to develop. See related: The Advice Indsutry, Part II […]
A Fresh Perspective on the Budget
Many of you have heard the old adage, If you fail to plan you plan to fail. Your financial planning begins with your cash flow planning – your budget, in other words. This spending plan keeps you focused on working toward achieving your financial goals. The order of operations is this: Establish and quantify financial […]
What’s it Like Working with a Financial Planner?
What’s it like working with a financial planner? I know many people reading this blog post have never engaged a professional financial planner before, and may be a bit reticent about what to expect. So let me tell you all about working with a financial planner at CameronDowning. We always offer a complimentary first meeting. […]
Financial Planning for Millennials
As a Millennial, you are in a unique position to start strong when it comes to your money. Financial planning for Millennials looks very different than planning done for Baby Boomers, and requires special attention. Here are the top three financial priorities of Millennials, by far, in no particular order: How do I pay down […]
Dependent Care Flexible Spending Account
A flexible spending account (FSA) is an elective benefit offered by many employers. There are generally two types: the FSA for healthcare expenses, and the FSA for dependent care expenses. This is part two of a two-part series. Here I describe the dependent care flexible spending account. You’ll find my post on the healthcare FSA here. […]