The Consulate Journal: Our Financial Blog

The Consulate Journal is our written blog, dedicated to educating our audience on a wide range of topics.  Sometimes we’ll be sharing our financial planning philosophies, and other times sharing our views of money and its place in our lives.  Most often, we’ll be sharing specific and actionable financial planning strategies that we use with our clients. 

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Is It the Chicken or the Egg?

February 12, 2019

Which came first, the chicken or the egg? This age-old question can be adapted to many questions on origin, including financial planning. Financial planning’s “chicken and egg” question is: Is it about saving or spending less that brings forth financial…

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Home Equity Credit Line: An Invaluable Tool

January 29, 2019

For many years now, I have been promoting one of the greatest and most invaluable (but underappreciated) financial planning tools—the home equity credit line (HECL). An HECL is an agreed-upon balance that you can borrow from at your own choosing…

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2018 End of Year

January 8, 2019
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Understanding Stocks

January 2, 2019

At the time this article was written, the U.S. stock market had just lost 12 percent in the preceding 2.5 months. This type of market decline causes a serious amount of angst and worry among stock investors. Watching their account…

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Financial Planning for the Unexpected Accident

December 18, 2018

A broken sternum. It turns out that there is a significant amount of financial planning that results from breaking your sternum. One week after my wedding (and the day before I was to leave for my honeymoon), my mother called…

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The Higher Purpose of Money

December 11, 2018

The bee seems like a simple insect, but without its ability to pollinate plants, we would most likely starve. Water seems simple enough, but it is the source of life to all living organisms. Air is nothing more than a…

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 IRS Notices: Potential Waste of Time

November 27, 2018

The Internal Revenue Service (IRS) uses algorithms (i.e., computer program applications) to examine the data that it receives and then fires off notices to taxpayers to explain distributions from individual retirement accounts (IRAs) and other forms of retirement accounts. When…

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