It takes nearly 18 hours to drive from Chicago to Orlando, Florida. Gas for the trip is $89-$173. Plan to set aside 1 day and 5 hours to travel the 2,025 miles from Ann Arbor, Michigan to Tempe, Arizona. Gas will cost anywhere from $156 to $304.
Dual or seasonal residents choose to make those types of treks between two homes twice a year to take advantage mostly of milder temperatures and more comfortable climates elsewhere.
By Marc C. Shaffer
It’s been a busy few months at my office. Three partners, including myself, were married within a four week time span! That means there was a lot of discussion about the best financial advice for engaged couples and newlyweds.
I would hope by the time you’re a newlywed, you have already had the intimate discussions that help you discover who your partner is, what they desire, and understand where your similarities and differences lie. While conversations leading up to a marriage are more philosophical in nature, after the wedding you have to add some action to the ideas. Philosophy + Action keeps marriage and life on track.
By Michael J. Searcy
Twenty-five dollars. That was the tiny amount that caused a friend’s daughter to lose the government benefits she was receiving for her special needs.
When you are a parent or caregiver to a child with special needs, navigating the system alone is a challenge. As hard as you try to do everything right, sometimes a small mistake can have lasting repercussions. In this instance, a friend set up an account for her daughter and paid a $25 fee to get the account started. She then transferred $2,000 into the account, the legal limit allowed in her daughter’s case, so they could manage her finances from this account. She was devastated to find out that the $25 had been reported as causing her daughter’s account to exceed her limit and therefore lose her benefits.
By Marc C. Shaffer
Kansas City always has something exciting to offer, but the excitement that has centered around the Kansas City Royals these past few years has made the city even more electric. I had the opportunity to hear Dayton Moore speak during a series called Break the Fast which is produced by Group O’Dell. Break the Fast is a way to get small business owners together to improve their businesses.
Mr. Moore was a great speaker for the group. He talked to us about building a championship culture, and it was great timing because it was just a few months after the Royals had lost the World Series in 2014. As we know now, they ended up winning the World Series the following year, but I thought it was more impactful to hear what they had been doing for years to get to a championship and how they exhibited character even when things didn’t always go their way. What a joy it was to see their hard work pay off the following year!
Financial markets are rarely easy to navigate alone, and when you add in economic factors, complex political and global developments and devastating weather events, it can seem even more challenging.
Experience has taught us that successful investing requires discipline and patience. A long-term investment focus can help when emotions run high. While balancing ongoing changes can seem daunting, a steady course can help buffer you against turbulence and uncertainty.
To help you overcome these challenges, we’ve compiled a list of common mistakes and guidelines.
The best course in dealing with elder financial abuse is to prevent it. There are a variety of ways you might assist elderly people in addressing their financial lives to reduce the chance of their being financially exploited.
Elders who are able can protect themselves. Share these tips with elders in your life so they might become active participants in watching out for themselves.
By Marc C. Shaffer
As I was chatting with my mentor one day, he tells me there’s a great guy he wants me to meet and his name is Marc Shaffer. Well, that’s me, of course. I had him explain and he told me I was too busy focusing on one thing and all of my energy, my time and my passion was being exhausted in that one area.
I wasn’t spending time with myself, I wasn’t letting myself contemplate what was beyond that singular area of focus, and if I continued along that path, I might end up having done one great thing in my life at the expense of knowing myself and growing in other areas.
Luckily, I had someone in my life who could recognize this behavior and keep me accountable to living a full and diverse life.
Do you have someone in your life keeping you accountable to the things you say you want to accomplish?
By Michael J. Searcy
I have been fortunate to have the freedom of choice in my life and it has steered me through a life I enjoyed. I chose a place to settle down and start my own financial planning and wealth management firm, and I was happy both professionally and personally.
Until I wasn’t.
Now, that might sound like I had reached a negative spot in my life, but in reality, I had just reached a point where I was ready to pivot.
By Michael J. Searcy
Are you limiting your investment success by letting emotions about market volatility control your decisions? We know that you’re more likely to find success, however you define it, if you have a plan in place. Your plan needs a defined purpose and vision, corresponding goals, and a timeline for measurement. But it’s not enough to just have a plan, you also have to trust your plan. When emotions take over, they can quickly steer you off course. That doesn’t mean prudent changes can’t or won’t be made along the way to your goal, but without discipline, you may as well throw your plan out the window or not bother making one at all.
This year has already taken us through some market ups and downs. After months of relative calm, extreme movement in the market can lead to confusion. Fluctuations can be unnerving and it’s very normal to have anxiety, especially when headlines are shouting doomsday predictions to get more attention. Understanding the potential causes of the volatility and having steps in place to get through the fluctuation can help ease your anxieties.
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