Posts by Robb Engen
A Look Back At Expenses This Year
One of the benefits of setting up a monthly budget as well as forecasting income and expenses is that at the end of the year I can review each of the areas where we spent our money and make improvements for the future.
Read MorePerfect Asset Allocation Doesn’t Exist
Index investors are constantly fine-tuning their asset mix to achieve the perfect balance. In reality, does all of this diversification and re-balancing protect you in a bear market?
Read MoreCell Phone Shopping
Cell phone shopping can be a bit stressful if you aren’t sure what you want or need. Sometimes the sales associate will try and sell you on a package with an unlimited plan, which may sound great at the time, but you may not need all of those extras.
Read MoreExtended Warranties: 6 Reasons Not To Buy
Last year my wife and I bought a new living room furniture set, and we finally succumbed to temptation and purchased a new television.
Read MoreHow To Repair Your Credit
But you can prevent your financial situation going from bad to worse by living within your means and taking the following steps towards credit repair.
Read MoreInsider Tips: How To Save Money At Restaurants
By understanding the many ways restaurants can manipulate you to spend more money on your dining experience, hopefully you can keep more of your hard earned money in your wallet and out of the greedy restauranteurs’ hands.
Read MoreUnderstanding Life Insurance: Part Two
You’ve heard the phrase, “buy term and invest the difference”? Term insurance is pure insurance protection, there are no gimmicks, bells or whistles.
Read MoreUnderstanding Life Insurance: Part One
Life insurance is a plan where you pay money to an insurance company while you are living, and the insurance company pays your chosen beneficiary upon your death
Read MoreSuccession Planning
Business succession planning is critical for the future success of your company, especially if you run a family business. It is a well known fact that family business succession planning fails by the third generation.
Read MoreForecasting Income And Expenses
After tracking my monthly spending with a budget for over a year, I decided that I needed to look further ahead and so I created a spreadsheet to forecast income and expenses over an entire year.
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