In celebration of our triplets turning eight today, I’d like to share a conversation that recently took place in our house. Son: Mom, you used your credit card? So you didn’t have to pay? Other son: You have to pay at the end of the month; otherwise, you pay double the next month. And if [...]
There is some good news in the land of Retirement Planning for 2013. Of course, it remains hard to predict what our taxes will look like next year, but everybody will have the ability to set aside more than we did last year on a tax-advantaged basis. 401k contributions For 2013, the maximum 401k contribution [...]
My fellow financial blogger and Garrett Planning Network member Jim Blankenship has challenged members of the financial planning community to do our part to encourage an increase in the overall savings rate in America. The numbers are pretty dismal of late. According to the Bureau of Economic Analysis, our savings rate was actually negative in [...]
For several years, without particular discipline or regularity, I’ve been capturing random statements that come out of the mouths of my triplets. This was recommended to me by more seasoned parents, and it seems like the kind of thing I’d regret not having done 15 years from now. In the spirit of sharing at Thanksgiving, I [...]
There is some good news and some bad news in the Social Security Administration’s recent announcement regarding the Cost of Living Adjustment for 2013. The (moderately) good news is that Social Security recipients will receive a 1.7% increase in their checks in 2013. More relevant for parents of twins and triplets is the bad news: [...]
I recently received a voicemail from my father-in-law indicating that there was an article on the front page of Sunday’s Real Estate section in the Arizona Republic that I really ought to read. His insistence made it clear that something was “up”, so we stopped at the store and got a copy of the Sunday paper. [...]
I’ve recently joined a number of my Garrett Planning Network colleagues in contributing to Dimespring, a new personal finance website with a ton of good, accessible advice. I’m honored to be a part of it. My first contribution deals with what happens if you’re renting a house that goes into foreclosure. Check it out, and [...]
Special note: this blog entry is part of a movement to raise awareness of the importance of life insurance. Today, August 22, over 100 bloggers and members of the financial media, will do their part to improve the financial lives of many members of the blogosphere and beyond. Please consider checking out some of the [...]
A general investing maxim that has been passed down over the years is that Dollar Cost Averaging (DCA) is a good way to invest, particularly for beginning investors. The basic approach is that you invest a consistent amount at regular intervals, which ensures that you buy more shares when prices are low (and fewer shares [...]
I continue to be surprised and somewhat perplexed about the current popularity of questioning the value of a college education. I think there are many thought-provoking aspects to the discussion, a couple of which make a lot of sense to me. Let’s face it: the ever-escalating cost of college is making life more financially difficult [...]
Subscribe to Multiples & Money! (your information will be kept completely private)
Kevin O'Reilly, CFP® is the principal of Foothills Financial Planning, Inc., a licensed Investment Advisory firm based in the Ahwatukee Foothills neighborhood of Phoenix, Arizona, with offices in Scottsdale, Glendale, and Peoria/Sun City. Kevin is also the proud father of triplets!
A Roth IRA Revolution
Will my triplet siblings prevent me from getting into Harvard?
From TwentySomething to Millionaire
Stuff My Triplets Say – Credit Cards
The Easier It Is, the More We Spend
Pay Less at the Gas Pump This Summer
Next Generation Debt (Hint: It’s Decreasing)
Mick Jagger Guards Against Economic Outpatient Care
Debt, American Style
Debt Myth: You Don’t Qualify for Student Loans
Suzanne: Kevin, it sounds like student loan debt is the nex...
Kevin O\'Reilly, CFP®: Thanks, Suzanne. I agree, and in fact I use Amex ...
Suzanne: Kevin, Very nice article. It's interesting how cr...
Kevin O'Reilly, CFP®, CRPC®
Fee-only Financial Planner & Investment Advisor
4425 E. Agave Road, Suite 122
Phoenix, AZ 85044-0619
Telephone: 480-445-9072
Email: info@FoothillsPlanning.com
