LifeManaged Blog
America, Freedom, and Financial Opportunities
Independence Day is an important reminder of the unique financial freedoms and opportunities available to us in America. Here's how our country supports and empowers individuals in their pursuit of financial independence: Investment Freedom Americans enjoy the freedom...
How Much Do You Need to Earn to Feel Truly Rich?
It’s a question that seems simple but is surprisingly complex. Inspired by Ben Carlson’s "Rich People Who Don’t Feel Rich" and insights from the Wall Street Journal, we’ll explore why even those earning hefty salaries might not always feel wealthy. This post delves...
Date Nights and Dining Delights: Choosing Your Hard
Today more than ever, the allure of frequent date nights and dining out can be tempting. But when was the last time you stopped to consider the financial toll they take on your long-term financial goals? Learn how to “choose your hard” and face the challenges of...
Dollar Cost Averaging & The only game in town.
Investing in stocks is very difficult. Buying them at the right time and catching the bottom while emotions are running high is nearly impossible. Over the course of the last few weeks, I have been asked many times about when the right time to invest is. The answer...
Managing Cash Flow for Small Business Owners
As our government continues to address the implications of the novel coronavirus, we at LifeManaged, share the same uneasy feeling as other business owners about the coming months. Confusion, uncertainty, stress, and fear of the unknown is making it difficult to...
What would you pay to protect your financial future?
Benjamin Franklin once said that if you are failing to plan, you are planning to fail. This makes sense in all aspects of life. Would you start a business without a plan? Would you build a house without a plan? Would you host wedding without a plan? If you...
What will the stock market do in 2020?
Although Wall Street is full of analysts making predictions year after year on the S&P500 target, for MOST investors, it just doesn’t matter. If we examine some of the major institutions who forecasted for 2019 below, we will find that even the most renowned...
Who do you receive Financial Advice from?
My friend Joe, an ER doc in Colorado asked me how he should save for his daughter’s college education. The answer was simple, I told him to enroll in a 529 Plan directly through the State of Colorado. When you put money into a 529, you protect your money...
How much do I need when I retire?
Experts say you will need 80% of your pre-retirement income after you retire. I have never understood this philosophy. Why would I want to retire and then live on less money than I did my entire life? This begs the question people always ask me – “How much money do...
When do I need a Financial Advisor?
Yesterday! If you do not have a Financial Advisor, you need one immediately. Often people believe they need to “sort things out” before hiring a Financial Advisor. If you find yourself asking, when do I need a Financial Advisor, you are already...