Transparent Compensation

Daniel Yerger Financial Planning Leave a Comment

All too often, when you read job posts they look like a list from a hostage-taker, where the demands of the role are laid out in long bullet-pointed lists of ideal qualifications and the tradeoff is a vague reference to the career tier the position is intended for. “Must have 5 years experience, skills including X, Y, and Z, and …

Colorado Election Results

Daniel Yerger Financial Planning 1 Comment

While the presidential election is still yet to be decided, Colorado has finalized several ballot measures based on voting proportion while others remain undetermined. Based on where things sit, today, we’ll address the impact of measures that have passed (or are very likely to) and how that will affect your finances in the future. This is important for financial planning, …

You Get What You Don’t Think You Pay For

Daniel Yerger Financial Planning 1 Comment

“If you’re not paying for it, you’re the product.” -Unattributed This expression has come up in popularity over the past several years as the public has become more aware of the business model of popular social media platforms such as Facebook and Twitter. As the public learns that these companies are effectively large advertising platforms designed to target them directly, …

Maximizing the Return on Your Home

Daniel Yerger Financial Planning 1 Comment

A common debate or question for financial planners is whether it’s better to rent or buy a home. As with most things, it depends, but as a general rule, if you don’t intend to constantly move long distances (more frequently than every six years or so), it becomes a valuable wealth-building tool to own real estate. However, real estate is …

The Value of an Education

Daniel Yerger Financial Planning Leave a Comment

The United States has, for many decades now, emphasized above many options “the value of an education.” A significant portion of state and federal tax dollars is spent on K-12 education, with some states going further and providing additional funding at the undergraduate collegiate level and beyond. This cultural trend was magnified at the end of World War Two, when …

Takeaways from FPA Annual Conference 2020

Daniel Yerger Financial Planning 1 Comment

The Financial Planning Association’s Annual Conference is a tradition stretching back decades, bringing together academics, financial planning leaders, industry experts, students, and practitioners to share the latest research, best practices, and latest thought on how the profession of financial planning can improve the lives of everyday people. This piece is going to be a summary of the content I learned …

Poor on Paper

Daniel Yerger Financial Planning 2 Comments

Understanding that two weeks ago I wrote about the behavioral financial biases that lead to someone with political beliefs having their perception of money and the economy skewed by their politics, I’m now probably going to stick my foot in deeper water by talking about a recent political issue: the president’s taxes. In the interest of trying to keep as …

Optimal Cash Flow Management

Daniel Yerger Financial Planning 1 Comment

One of the most common points of improvement early on in the financial planning process is cash flow management. Whether the client lives paycheck to paycheck or is sitting on a significant amount of cash in their checking and savings accounts, most people don’t know the answer to “what’s right for me?” and consequently either overspend and run a constant …

The Value of Trust

Daniel Yerger Financial Planning Leave a Comment

In my newfound academic studies, I get the opportunity to read research. A lot of research. A lot of research. This isn’t for the pure fun and joy of it, but because the effort to obtain a Ph.D. is equal parts your own research and learning what’s already been done in the field. Consequently, you spend a significant amount of …