What do real financial planners study? A few weeks ago, I was on the organizing task force of the Financial Planning Association’s Retreat Conference. Five certified financial planners from Tennessee were among the 400 attendees described as the “Thinkers, Thought Leaders & Change Makers” of the financial planning profession. The opening keynote address was a…
Facebook, Blue Apron, Pinterest, Lyft and Uber – what do they have in common? All of these companies made their stock available to investors in Initial Public Offerings, or IPOs. What is an IPO and should we invest in one? Certified Financial Planner Paul Fain provides the answers this week on Sunday Money. PAUL,…
Salary.com’s ”Mom Salary Wizard” finds that Mothers should earn as much as $170,000 for raising a family! Paul Fain, president of Asset Planning Corporation, joins WBIR this Mother’s Day to honor all the moms out there. PAUL, IT’S HARD TO PUT A MONETARY VALUE ON THE EFFORTS OF A MOM BECAUSE THEY ARE REALLY PRICELESS…
A recent survey used data from the Bureau of Labor Statistics to determine the average “Living wage” for each state. Certified Financial Planner Paul Fain reviews the most expensive and least expensive states to live in. PAUL, FOR THE STUDY, HOW WAS A “LIVING WAGE” CALCULATED? The study used the 50/30/20 budgeting rule — which…
Usually when we financial planners speak of financial independence, we’re referring to “retirement.” However, I strongly believe that the range of financial decisions that come with attaining adulthood (often accompanied by graduation around the same time) are just as critical – if not more so – than planning for retirement. After all, the foundational choices…
With tax season behind us, a viewer asks, “How long should I keep my tax records?” Well, for that matter, let’s ask our Moneyman – Paul Fain, president of Asset Planning Corporation – how long should we keep all of our financial records? PAUL, LET’S START WITH TAX RETURNS, HOW LONG DO WE NEED TO…
The HBO smash series, Game of Thrones, is a medieval soap opera featuring dragons and knights and zombies, but our Moneyman – Certified Financial Planner Paul Fain – says the story has plenty of analogies to valuable financial lessons, this week on WBIR. PAUL, THIS SHOULD BE FUN, WHAT IS YOUR #1 FINANCIAL LESSON…
This week, we’ve got another viewer question for our Moneyman, Paul Fain – president of Asset Planning Corporation. Wayne asks: “How can parents give their children a solid foundation in lifelong saving and investing?” PAUL, WAYNE RAISES A GOOD POINT, PARENTS ARE SUPPOSED TO TEACH LIFE LESSONS… He does: “we teach our kids so many…
The first quarter of 2019 is in the books. How did your investments perform? Our Moneyman, Certified Financial Planner Paul Fain, reviews the Q1 tale of the tape. PAUL, LAST YEAR WAS FORGETTABLE FOR INVESTORS, HOW ARE WE FARING SO FAR IN 2019? Best Quarter in a Decade: U.S. Stocks 14% Foreign…
Dear Brother and Sister, Recently I was fortunate enough to be able to attend the Caring and Coping caregiver workshop put on by Alzheimer’s Tennessee. I want to share with you some of the things I learned. We have to learn to live in her reality now. She is not going to remember what she…