Author - Chuck Rylant, MBA, CFP®

1
Making Financial Planning Easy
2
What’s The Point Of All Of This?
3
Maximize Your Life Potential (Part II)
4
What are STRIP Bonds?
5
Maximize Your Life Potential

Making Financial Planning Easy

Have you ever gone to the doctor, auto mechanic or other professional and left their office more confused than when you walked in?  Last week I met with a new attorney for a consultation.  Between our two businesses, we have five different lawyers we use for various purposes.  I’m not particularly pleased about that, but as life gets increasingly complicated, so too does the need for more attorneys.

I’m used to working with attorneys and have a basic understanding of most aspects of law, but we were discussing an area I’m not particularly familiar with.   As I listened to the …

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What’s The Point Of All Of This?

If you’ve followed my writings for a while, you may have noticed my slant on financial planning is less about money and more about a rewarding and satisfying life.  Money is a necessary part of life, but not the purpose of it.  Sometimes we get so focused on earning money, that we forget what that money is for.What's The Point of All of This?

Here is a tale that always brings me back to reality when it’s easy to miss the forest for the trees.   I’ve seen this many places so I don’t know who credit as …

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Maximize Your Life Potential (Part II)

In my last post I suggested that the hourly wage your employer exchanges for your life is worth far less than you think.  In this post I’m going to help you get a better handle on what that number really is.

To correctly estimate how much you’re worth per hour, you need to first calculate how much time you spend doing things for work that you don’t enjoy or wouldn’t do if you didn’t have to.  For example, would you go to the dry cleaner or spend time commuting to and from work every day?  What about going to lunch …

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What are STRIP Bonds?

Bonds called Treasury Strips have buttressed many portfolios during the recent stock market downturn. As fear replaces greed as the driving force in the market, panicked investors are seeking safety, and one of the safest investments is a U.S. Treasury bond. Investors compete to buy these bonds, driving up their price. This is normal when the economy is moving toward deflation. A key reason for owning Treasury Strips is to protect portfolios in deflationary times.

Strips are modifications of regular Treasury bonds. Regular Treasuries consist of two components. The principal component is a promise to pay a fixed sum at …

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Maximize Your Life Potential

Maximize Your Life Potential Have you ever wondered how much your life is worth?  I’m not talking about your net worth, which is the value of everything you own minus your debt.  I mean how much you’re trading your life, in exchange for your employer’s money?  Strange idea, isn’t it? It’s known as your opportunity cost; or the value of the opportunities that you are foregoing by pursuing the activities that you do on a daily basis.

This will be no surprise to you, but life isn’t fair.  Some people have it easier than others.  But there’s one thing in life that IS

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