Life is full of things to worry about, and a surveys show that two-thirds of people are more afraid of running out of money in retirement than they are of actually dying. That may seem surprising, but it can be a real possibility – and therefore a very legitimate fear – if you haven’t planned properly. Now, we assume you’ve done some planning. If n…

Parents and students all across the country continue to wonder how they are going to pay for college. Over the last thirty years, the cost of college has risen astronomically. Since 1987 we have had over a 500% increase in the cost of college tuition. In that same time frame, college tuition has risen at a rate 2.5x that of home prices, over 3x tha…

Don't let retirement catch you off guard. Learn about the three common mistakes people make when calculating finances and how to avoid them.Door Greg Welborn

Can you DIY your personal finances? By now, most of us are familiar with the term DIY or “do-it-yourself”. The idea behind DIY is essentially that anyone can figure out how to do something by spending a few hours on YouTube or on the internet. We make our own home improvements, fill out our own taxes, and make our own car repairs. But what about th…

Can A Financial Advisor Help You? Can a financial advisor help you in a meaningful way? The short answer is yes but, we do in fact have the data to back it up. In today’s Bench Talk, we’re going to discuss how a financial advisor can help you in a meaningful way. Let’s start with a quick example. Most of us reading this have probably tried to do ou…

What is investing? We all hear about the great investors like Warren Buffett, Jack Bogle, and Benjamin Graham. Hollywood portrays these investors and the likes as shrewd investors who outsmarted the market. Investing can oftentimes seem like a difficult or foreign task when you hear these stories, but it doesn’t have to be. Here is the investment c…

The great Yogi Berra once said, “If you don’t know where you’re going, you will end up in a different place.” When planning for retirement, Yogi’s words are spot on. Today, instead of lecturing you on retirement we thought it would be easier to ask two main questions. Are you saving enough for retirement today? How much is enough? Its important to …

Sometimes our advisors can inhibit us from our financial goals. This week, Greg walks you through common mistakes that advisors make and how to find one that fits you.Door Greg Welborn

Danny talks through how financial consulting can truly help you achieve your financial goals.Door Danny Beckwith

Did you know that there are over 45 million people in the United States that carry student loan debt? And….as of right now, you just watched me make my last payment, and I am no longer one of them. Here’s how I paid off $50k in student loan debt. When I graduated from undergrad less than four years ago, I had 12 different loans with a principal bal…

How to have 1 Million dollars by 65, seriously. Greg breaks down key points you can use to start saving for your retirement. Take some steps today to create a successful plan.Door Greg Welborn

One of my favorite movie quotes is from a film called Miracle. If you’ve seen that movie, you know it’s about the 1980 U.S. Men’s Olympic Hockey Team, a team that was comprised of a bunch of college-age boys who were given no chance as they entered Lake Placid, NY in the Olympics. They ended up stunning the world by taking gold. The scene that’s my…

It’s important to assess the health of your estate plan. More often than not, people do not adequately prepare for estate planning and retirement. In order to make it easier, we compiled together 10 simple yes or no questions to help you assess your estate plan. Does your family have a mission statement? Can your heirs participate in decisions? Do …

For today’s episode, I’m going to be talking about beer and financial plans. I know what you’re thinking, those two things don’t go together. But, the similarities may surprise you. As an avid home brewer I’ve spent countless hours trying to perfect different recipes. However, the process as a whole is actually quite simple and requires only four i…

This episode is all about understanding your 401(k) plan. At its core, a 401(k) is a type of retirement savings plan that companies will offer to their employees to help save for retirement. The general consensus and what most of us have been told is that you should contribute to a 401(k). This is true for many of us, but a lot of people follow thi…

One of the biggest concerns couples have is how to talk about their finances. When it comes to money and finances, this question almost always hits the top five list. So, how should couples talk about finances? Well first, it’s important to ask these three questions: What? How? and When? First, you need to determine what you are specifically going …

How To Become A Millionaire Do you want to be a millionaire? Of course, that’s a silly question because most people would answer yes. When we think of millionaires, we think of people with big mansions, fast cars, and elegant clothes and jewelry. We also tend to have an image in our heads of how they became millionaires. If you Google “how to becom…

Value of Fee-Only Advice After being in the business for a while now, I have found that most people really don’t know what we do. Of course, our clients know, because they see it on an on-going basis, but does the general public really know the value that we add? Let’s take a step back… Most of us are familiar with the traditional relationship with…

Scott talks about how to cultivate a grateful and generous heart within the family. He includes the habits he built with his own children and looks at the importance of the values surrounding generosity while saving money for the future.Door Scott Sommers

You Need a Solid Financial Plan Here’s a quick recap of the importance of having a solid financial plan. Some of you will remember the football player Brandon Williams who was drafted in 2006 by the San Francisco 49ers. In his early career Brandon’s Uncle, who was a die-hard fan, would send him a 49ers jersey every year – unaware that Williams coul…

Greg shares why First Financial Consulting started creating videos and a podcast about offering objective financial advice. He also talks about his relationship with his father and how many helpful conversations about life and work took place on a bench.Door Greg Welborn