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…
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…
What are the 6 behaviors that predict future wealth? Our moneyman, Certified Financial Planner Paul Fain, joins us now to share the traits of people who know how to build financial security. PAUL, LET’S DIVE IN, WHAT ARE SOME OF THE BEHAVIORS OF GOOD WEALTH CREATORS? 1. Planning: Goal-setting and future orientation. 2. Responsibility:…
INTRO: Tax season is in full swing and taxpayers are immersed in organizing their records and filing their returns. What forms do you need to have on hand to file an accurate tax return? Paul Fain, president of Asset Planning Corporation, joins us now with a guide to commonly used IRS tax forms. PAUL…
A viewer asks, “When is the best time to start taking Social Security?” Our moneyman, Certified Financial Planner™ Paul Fain joins us now with answers. PAUL, MAYBE WE SHOULD START BY REVIEWING THE EARLIEST AND THE LATEST THAT YOU CAN START SOCIAL SECURITY BENEFITS… Age 60: Widow/Widower Age 62: Reduced normal benefit…
Over the past few months, several investor lawsuits have made headlines in the Knoxville area. How can you avoid making bad investments? What are the right questions to ask before writing a check to a financial advisor? Our moneyman Paul Fain, president of Asset Planning Corporation, joins us again with tips to protect your money.…