You want a financial advisor who is working for you and keeping tabs on how your account performs. Learn about Upward Financial Planning’s investment philosophy and how you may benefit from working with a fee-only advisor who rebalances your account quarterly. As an investment manager rebalances quarterly, it updates the balances to target allocations so […]
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Financial Planning to Enhance Your Life
As the owner and lead planner of Upward Financial Planning, I have a controversial take on vacations for business owners. I will be taking a month-long vacation to live in my camper van in Utah, starting May 10. I know a lot of entrepreneurs and business owners who work so much that they never have […]
Financial Planning for Pastors
Financial Planning for Pastors Holly: Hello, today we’re talking about financial planning for pastors. Daniel, you’ve worked with several pastors before. Can you explain how you came into this niche? Daniel: Yes I have several pastor clients, and I think it’s for several reasons, including the fact that I was a youth pastor for 6 […]
Real Estate Investing 101
Holly: Today we’re talking about real estate investing. Daniel, why are you so passionate about real estate investing? Daniel: Everyone loves the DIY real estate shows, right, but real estate can also be a very lucrative piece of your finances. Being a landlord and owning real estate allowed me the opportunity to quit my job […]
Tax Planner vs. Tax Preparer
Holly: Today we’re talking about tax planning. Daniel what is the difference between a tax-preparer and a tax-planner? Daniel: Well sometimes a tax preparer is also a good tax planner, but most often, the person preparing your taxes is simply inputting the data from what happened with your taxes last year, whereas a good tax […]
Using Real Estate Investing to Reduce Your Tax Bill as a High Earning W2 Individual
Introduction High earning W2 individuals are often left disappointed when looking for ways to reduce their tax bill. Once all the traditional levers are pulled such as IRAs, 401ks, HSAs, and other “low hanging fruit”, they’re left with a significant tax bill. What these high performing individuals often overlook, however, is real estate investing! Real […]
How to Spend your IRA in a down market/Roth Conversions
Surviving In Retirement Today Holly: Welcome to Money tips with Daniel. It’s been an interesting year with the stock market down around 17% and inflation running out of control. Daniel, what advice do you have for those retirees who are no longer working and saving and need to use their investments for daily expenses? Daniel: […]
Utilizing the Roth IRA’s Many Benefits
Holly: Welcome back to Money tips with Daniel. Today we’re talking about the Roth IRA. Daniel, you’ve often talked about how great the Roth Ira is. What exactly is a Roth Ira. Daniel: So an IRA is a individual retirement account. It’s an account that you set up individually as opposed to your employer setting […]
Got Let Go From a Tech Job? Smart Money and Lifestyle Moves to Make ASAP!
If You Got let go from the tech sector In 2022-3: What To Do With Your Stock Options, Old 401k, and Job Search Unfortunately, if you’re working in the tech sector in 2022-23, you have a significant risk of being laid off. With 10s of thousands already laid off and many more expected to be, […]
Year End Tax Savings for Business Owners–Accelerate Expenses
In the last few weeks and months of the year it can be a very advantageous time to make moves that will lessen your tax liability for the year. Did you know that if you are not actively paying quarterly estimated payments throughout the current year for this year’s taxes, then at tax time you […]