Deliberate Money Moves

If one of your goals is to maintain or increase your lifestyle, doesn't it seem logical that you should know how much your lifestyle costs?   Join me in this episode of Deliberate Money Moves where we talk about the importance of knowing how much we spend.

A lot of people like to use rules of thumb with their finances. Don't fall for that. You are not average. No one is.   Join me in this episode of Deliberate Money Moves where we explore what you need to know to calculate your cash flow.

Money is simply a tool that allows us to do the things we want to do in life.   Join me in this episode of Deliberate Money Moves where we explore why "More Money" is not a goal.

Your estate plan enacts the decisions you would make in circumstances in which you cannot make them.   Join me in this episode of Deliberate Money Moves where we explore documents included in an estate plan and why you should review it yearly.

Life insurance is used to pay for things you would pay for yourself if you were alive to do it.   Join me in this episode of Deliberate Money Moves where we explore how much insurance you should buy, how it should be structured and scenarios to consider.

All homeowners insurance coverage is not the same.   Join me in this episode of Deliberate Money Moves where we explore how insurance companies cut coverage to compete for your business and how that can affect you in times of need.

We live in a lawsuit-happy country. Anyone can sue anyone for anything.   Join me in this Episode of Deliberate Money Moves as we explore the best way to protect yourself from unwanted lawsuits.

I know what you're thinking. Property and Casualty Insurance is boring! Well, sure, if it's done right it's supposed to be boring.   Join me in this episode of Deliberate Money Moves where we explore why boring insurance equals less risk.

Today we are talking about legacy gifting. You're never too young to begin structuring your investments for the right long-term outcome.   Join Me in this episode of Deliberate Money Moves where we explore different opportunities where Capital Gain Tax can get erased when passed to your heirs.

Let's talk about actually using your savings. I know that might sound odd as we tend to save throughout our working life and even sometimes well into our retirement years.   Join me in this episode of Deliberate Money Moves where we explore the tax implications when withdrawing from your savings.

I'm guessing that you don't love to do your own taxes, but even if you do that's no reason to take the risk that comes with preparing your own taxes.   Join me in this episode of Deliberate Money Moves where we explore the tax complexity and why I use a professional, myself! 

Fund your HSA and do not use the money for current healthcare expenses. When you put money into your HSA you get a tax deduction which basically means you haven't paid tax on that income.   Join me in this episode of Deliberate Money Moves as we explore who this "tip" is right for and how to maximize you HSA.

A 1031 exchange allows you to exchange a piece of real estate for another piece of real estate without paying capital gains taxes.   Join me in this episode of Deliberate Money Moves where we explore if a 1031 Exchange is right for you. 

We don't usually think of managing gifts for tax purposes, but as you begin thinking about how you want to share your wealth it becomes very important.   Join me in this episode of Deliberate Money Moves where we explore charitable giving and gifts to your heirs.

I know retirement plans can be confusing, but they are very powerful tools for saving in a tax optimized way.   Join me in this episode of Deliberate Money Moves where we explore four different tax strategies that can enhance your retirement plan. 

We all know we get taxed many different ways, and it's important to understand them all at least to some degree.   Join me in this episode of Deliberate Money Moves where we explore the capital gains tax and how we can use these rates to our advantage.

If you regularly give to charity and have income that fluctuates, I'm going to show you something that is going to save you money. Join me in this episode of Deliberate Money Moves as we explore how to save money on taxes by using a donor advised fund.

A Roth conversion is where you take money that is already in a tax-deferred account and move it to a Roth account. The Already-Taxed or Roth account is the most difficult to contribute to. Join me in this episode of Deliberate Money Moves as we explore how we can get money into a Roth by making conversions. 

There are three tax structures under which you can invest: Taxable, Tax-Deferred and Already-Taxed or Roth. Join me in this episode of Deliberate Money Moves as we explore how each of them works and why you should use them.

Our tax structure is what's called progressive which means the more you make then the more as a percentage that you will pay in tax. Join me in this episode of Deliberate Money Moves as we explore how you can minimize your taxes by shifting your income across the years.

The goal with taxes is not to pay the least amount of tax – it's to keep as much as you possibly can.   Join me in this episode of Deliberate Money Moves as we explore why you should maximize available Tax Breaks for your existing strategies and why you shouldn't let Taxes drive your strategy. 

Once you have a plan in place to sell your Company Stock over time, be sure that money has some place to go. We don't ever want our money to be without a job and the cash you get from your Company Stock is no exception. Join me in this episode of Deliberate Money Moves as we explore how to calculate your savings target in order to determine the best Long-Term Portfolio Strategy for you.

No longer should we simply let newly vested shares drift into our portfolio without a strategy or reason to hold vs. sell. Join me in this episode of Deliberate Money Moves where, together, we develop a strategy for each block of vesting shares. The first thing we must do is differentiate among the shares we are getting.

Taxes are a fact of life. I talk to a lot of people who are trying to find the super-secret way that people with money avoid paying taxes. I'm here to tell you – it doesn't exist. People offering you such strategies are not telling you something. Either that you'll have to pay even more taxes further into the future, or you must give away enough of your money so that you would have been better off...

Is the amount of stock you have accumulated starting to look large to you? Do you want to be sure you are doing the best thing with this important asset? Join me in this episode of Deliberate Money Moves where I go over a short exercise for you to determine if you have the right amount of Company Stock that is appropriate for you and your family.