The Big Picture

MAY 9, 2024

No audited returns, mathematically improbable claims, and zero accountability But none of these “influencers” sell securities to clients, so they do not fall under the regulatory oversight of the Securities and Exchange Commission (SEC).2 2 Sure, you can claim mainstream media is bad, but social media is worse.

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Media Taxes Math Investing 336

Mullooly Asset Management

JULY 28, 2022

“If my required minimum distributions are 5% of my account, does that mean my account will be empty in 20 years?” ” In this week’s podcast, Tom and Casey debunk this common misconception by explaining the math behind required minimum distributions.

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Distribution Accounting Math Retirement 52

Getting Your Financial Ducks In A Row

OCTOBER 31, 2022

Even though it’s been decided that it was politically incorrect, one popular baby-boomer who is now age 63 once admitted that math is tough (Barbie, of the doll fame, who actually admitted that “Math class is tough”). There’s no shame in admitting that factor – for a lot of us, math can be very tough.

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Math Investing Investments Retirement 113

Integrity Financial Planning

FEBRUARY 3, 2023

It’s also not a bad idea to review the bank account numbers you included (some of those digits can be lengthy!). Next, let’s face it, not all of us are exceptional when it comes to math. Taxpayers should always confirm that their math is correct, as this is one of the most common mistakes made when filing. [1]

Taxes 82

Taxes Math Accounting Medical 82

Random Roger's Retirement Planning

NOVEMBER 6, 2023

It's been a while since this sort of thing was relevant for my day job so something could have changed, weeklies didn't exist for example, but if my math is correct then it was way over exposed which would account for last week's decline in the fund price. Please leave a comment if I did the work incorrectly.

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Math Education Management Accounting 105

Clever Girl Finance

JULY 18, 2022

Do the math of your raise. Some quick math will reveal exactly how much extra income you’ll be working with in your monthly budget. If you want to make progress easily, then have your intended savings transferred directly into a separate account. Is it an essential item? After all, you’ve earned it!

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Budgeting Math Accounting Retirement 131

Diamond Consultants

OCTOBER 10, 2023

For instance, they bill on ALL assets (including 401ks not custodied at their firm) and get paid on all accounts regardless of size. Plus, they’re flexible with how they price relationships including planning retainers and subscription fees.

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Math Recruitment Consulting Clients 52

Clever Girl Finance

MARCH 18, 2023

Balancing a checkbook is simply making sure all of your bank account transactions match up to the transactions you've recorded in your checkbook. After all, check-writing was how you accessed the money in your account, and it could take days in order for that check to clear. What does balancing a checkbook even mean?

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Banking Accounting Math Numbers 105

Nerd's Eye View

FEBRUARY 21, 2023

In this episode, we talk in-depth about how after a few mentors in China suggested that Danqin look into private banking and wealth management (as they felt it better suited her than her initial accounting major), she began Googling potential career paths in China but instead came across the CFP Board website and immediately connected with the description (..)

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Financial Advisor CFP Financial Planner Education 130

Clever Girl Finance

AUGUST 14, 2022

Especially if you want to know the best way to save money to cover all your expenses and actually enjoy the fruit of your labor, you'll need something better than a run-of-the-mill savings account. The difference between a sinking fund and a savings account. Life happens. A sinking fund helps you to plan for large purchases.

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Budgeting Accounting Medical Math 105

MazumaBusinessAccounting

JUNE 29, 2020

It may not sound like the most exciting thing, especially if you don’t consider yourself a “math person”, but let’s face the facts, bookkeeping is essential for the success of any small business. All you have to do is connect your business account to our software, and we’ll do the rest. That’s why we’re here!

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Math Accounting Medical Budgeting 83

Discipline Funds

MARCH 1, 2023

And that’s where the math on renting comes into play. We also don’t fully account for the record high number of units currently under construction that are not yet for sale. But from an aggregated market perspective there is no shortage of places to live. You don’t have to buy a house if you want to live somewhere.

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Math Numbers Sales Economy 136

Darrow Wealth Management

MAY 22, 2023

But before proclaiming cash is king and parking your money in an FDIC insured bank account, consider your time frame and how you plan to use the money. The silver lining is cash (and equivalents), such as money markets, high-yield savings accounts, CDs, and short-term U.S. Hold cash or invest? But it won’t last forever.

Investing 102

Investing Investments Accounting Wealth Management 102

Mish Talk

DECEMBER 12, 2022

Medium of exchange, unit of account, store of value. Someone do the math for me. Money itself is a commodity but commodities are generally not money. What Is Money? Money is a commodity whose primary function is a medium of exchange. Money has three properties. How much will Michael Saylor be worth? Oh, one more small thing.

Numbers 130

Numbers Math Insurance Government 130

Discipline Funds

MARCH 6, 2024

This is akin to changing a savings account into a checking account. Most of the bonds held by the domestic private sector are held in retirement accounts and by wealthy investors with a low marginal propensity to consume. This is the basic math behind what’s happened to every consumer who owns these bonds.

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Banking Government Economy Assets 118

Validea

JUNE 14, 2023

In the mid 1960s, AT&T accounted for a staggering 8% of the S&P 500 while General Motors was 7% of the index ( source ). In 2000, General Electric accounted for over 5% of the S&P 500 ( source ). At their peak, AT&T and General Electric (GE) were titans of industry that dominated the market. times its current value.

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Math Accounting Marketing Marketing 109

Sara Grillo

APRIL 11, 2023

Here are some Excel models financial advisors can use to create your Chart of Accounts. If you are a flat fee financial advisor download this chart of accounts template. DOWNLOAD FF TEMPLATE If you are an advice only planner , download this chart of accounts template. For those of you who are new to my blog/podcast, hi!

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Financial Advisor Management Accounting Consulting 97

MainStreet Financial Planning

JUNE 28, 2024

A parent owned 529 plan will get counted as a parent asset on the FAFSA, aid will be reduced by 5.64% of the account value. Let’s work out the math, if you have $100,000 in a parent owned 529 plan, then student aid will be reduced by $5,640, over 4 years that is over $20,000! Share budgets and make contribution commitments.

Planning 62

Planning Math Accounting Education 62

Random Roger's Retirement Planning

JUNE 3, 2024

Do the math on your particulars like what your various sources of earned income will likely be, how much your RMDs will likely be and so on. Work with your accountant though. With more normal scenarios, really crunch the numbers with your accountant. How much are you likely to end up with in your retirement accounts?

Numbers 98

Numbers Taxes Retirement Accounting 98

Random Roger's Retirement Planning

FEBRUARY 29, 2024

The simple 40 year trade for bonds of "number go up" is finished and as a matter of math, can't be repeated. Several times I've cited corporate issues I've seen in accounts I don't manage maturing in the mid-2030's being carried at 70 cents on the dollar. Taking volatility out of a fixed income portfolio is fairly simple.

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Marketing Marketing Math Portfolio 95

Cornerstone Financial Advisory

JANUARY 8, 2024

Math errors: Simple addition and subtraction mistakes can delay your return. Consider using electronic filing software that does the math automatically to avoid mistakes. Incorrect bank account information: If you opt to receive your refund via direct deposit, provide the correct bank account information.

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Marketing Marketing Taxes Economics 98

Clever Girl Finance

FEBRUARY 6, 2023

The term personal finance ratios might be giving you flashbacks to math class. Whether you’re putting money in a savings account, your company’s 401(k), your personal IRA, an investment account, or even setting aside physical cash, it qualifies! Money in a checking, savings, or also money market account is highly liquid.

Numbers 97

Numbers Assets Retirement Budgeting 97

The Irrelevant Investor

JUNE 9, 2019

link] I didn't see the "a year" part which changes the math dramatically. If you were contributing $5,000 a year into an investment account with the goal of amassing $1 million, you can get there, assuming like Baron said, you have patience. I have to issue a retraction related to the tweet below. Turns out, Ron Baron is mostly right.

Math 52

Math Accounting Investing Investments 52

Random Roger's Retirement Planning

JUNE 30, 2024

We've gone over the math before that starting as late as 55 can catch a lot of the way up if they can afford to save a very high percentage of their income. Flipping the switch from paying a mortgage to saving into a retirement account seems plausible to me. I realize that not every undersaved 55 year old can do this but some can.

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Retirement Math Taxes Accounting 75

Carson Wealth

FEBRUARY 22, 2023

Then I have $105,000 gathering 5% interest in my account, and the next year I make $5,250. The math, despite Einstein’s interpretation, is really fairly simple. Between kids and grandkids, careers and everyday demands, an automatic withdrawal from your paycheck to a distant account is probably not on your mind much.

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Retirement Taxes Planning Math 98

The Big Picture

NOVEMBER 21, 2023

00:11:16 When Paul met me, I was modeling companies like Priceline in my spare time and investing out of my, you know, probably Fidelity account at the time. But the problem with it is, 70% of the people in this country will never have a savings or investment account. So here’s the math, Barry. So think about this, 3.7

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Investing Investments Startup Accounting 246

Random Roger's Retirement Planning

DECEMBER 17, 2023

That might just be mental accounting, maybe for someone else it makes sense to pay those monthly, the point is to not forget about these. What income sources do you have like SS, investment account or anything else? Simple math is that this person needs to save $23/yr to come up with that additional $350,000.

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Retirement Math Insurance Accounting 75

The Big Picture

NOVEMBER 14, 2023

She has a really fascinating background, very eclectic, a combination of math and law. You, you get a, a BS in Mathematics and a JD from Boston University Math and Law. It is something, math has always come easy to me since a child. I didn’t get an advanced degree in math. Not the usual combination. What happened?

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Math Management Insurance Assets 130

Mr. Money Mustache

FEBRUARY 25, 2025

Its just basic math. The Betterment Portfolio Longtime readers know that Ive had a growing portion of my investments in a Betterment (robo-advisor) account over the past eleven years (see the ongoing report here ). What if the Earnings are Rising? Part of the reason is that most of the AI boom seems to be happening in the US.

Marketing 66

Marketing Marketing Sales Portfolio 66

Clever Girl Finance

AUGUST 19, 2022

Accountant . There will always be high demand for accountants — and these roles are now moving online. If you have analytical and math skills, you can put them to good use here. Of course, before you kick things off, you will need to be a Certified Public Accountant (CPA). Photographer .

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Accounting Math Clients Management 94

Clever Girl Finance

OCTOBER 20, 2022

Financial wellness is an ongoing game, which means you regularly need to pause and check in on your accounts to see how things are going. Importantly, liquid net worth is different than your overall net worth because it only takes your liquid assets into account. Savings accounts. Checking accounts. Money market accounts.

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Assets Accounting Math Portfolio 59

Clever Girl Finance

JANUARY 22, 2024

By participating in these ideas, you can start building a new successful habit and get that savings account built up fast. Further, you could even open up a dedicated savings club account just for your challenges. That’s $3,365 per year when you do the math! 30-day meal planning challenge Eating out is expensive.

Accounting 90

Accounting Budgeting Banking Planning 90

Clever Girl Finance

JANUARY 29, 2023

Your assets include everything from the cash in your bank accounts to the value of your stock portfolios and the market value of anything tangible that you own such as a house or a car. Best net worth calculator by age Why not make the math simpler when finding net worth? It also includes valuables like art or jewelry.

Budgeting 119

Budgeting Retirement Assets Education 119

Clever Girl Finance

DECEMBER 16, 2023

Once you know your weekly or monthly income, you can do the simple math of calculating how much 70% would be. A note: be sure to keep your emergency fund in an easily accessible account. Don’t put it into a retirement account where you won’t be able to get the money out for years.)

Budgeting 96

Budgeting Retirement Accounting Taxes 96

Random Roger's Retirement Planning

JULY 8, 2023

That is difficult to pull off but if you do the math on that it shows long term outperformance. That's mental accounting on my part, draw your own conclusion but a normal yield for ten years is fine with me, an all time low yield for 10 years or more is not. 75/50 seeks to capture 75% of the upside with only 50% of the downside.

Asset Allocation 74

Asset Allocation Math Portfolio Assets 74

Clever Girl Finance

FEBRUARY 10, 2023

And don't worry if math isn't your thing because we've included 50 30 20 budget spreadsheet ideas to help you stay on top of your budgeting strategies. Every dollar has a purpose Secondly, it helps you account for every dollar. Savings can take many forms ranging from your emergency fund to your savings account.

Budgeting 98

Budgeting Taxes Transportation Healthcare 98

Good Financial Cents

APRIL 19, 2023

The first step is to build a small savings account that you can use later. On the other hand, if I open an investing account today, that takes some effort. But as that account grows and I check it four times a year, my returns go up, and my effort goes down. Open a high-interest savings account and park even $100 dollars in it.

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Accounting Investing Investments Media 105