The Blue Blaze

1 Easy Thing You Can Still Do to Lower Your Tax Bill for 2017

Posted by Frankie Corrado on Feb 13, 2018 2:51:48 PM

 

A client of mine recently asked me if she could still make a 401k contribution for the prior year (2017). Unfortunately I had to explain that no, she couldn’t - that window closed on December 31st.

But good news! There is still time to save in a tax-smart way for the prior year.

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Topics: Financial life guidance, Tax prep, Financial Services, Optimal Life,

It's Hero Time. Thanks, Charitable Gift Fund.

Posted by Frankie Corrado on Dec 18, 2017 7:56:55 AM

 

Image courtesy of rawpixel.com via Upsplash

 

It Isn’t Over Till It’s Over.

Time’s running out to tick off all those 2017 new year resolutions.

If being a hero is still on your list (unchecked), there’s a way to make this happen: start a charitable gift fund.

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Topics: Financial life guidance, Purpose,, Values, Charitable

We Told Our Colleagues It Was Time to Change. Their Response Surprised Us.

Posted by Frankie Corrado on Dec 4, 2017 9:29:02 AM

 

Image courtesy of MacPhysto on Upsplash

You never know what will happen when you propose bold change. The only guarantee is that you’ll get people’s attention...and a LOT of people weighing in with opinions.

At this year’s Alliance of Comprehensive Planners (ACP) annual conference, Blue Blaze had a spot at the Board table as well as time on the agenda. We proposed big change. We got lots of feedback.

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Topics: Financial life guidance, Optimal Life,, Values

Ready for Your Optimal Life? First, Ask the Right Questions.

Posted by Frank J. Corrado, CPA, CFP on Nov 19, 2017 8:37:02 AM

Frank Corrado, a Blue Blaze financial life guide, encourages a client to do a deep dive into her goals and motivations. 

We're talking about my money, Right? 

(No. Not first thing, anyway.)

Remember the first time an adult you respected told you, “If you’re having a difficult time deciding what is the right thing to do -- just listen to your gut. Deep down, if it’s right, you’ll feel it.”

That’s exactly how I felt the first time I was introduced to the concept of appreciative inquiry.

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Topics: Financial life guidance, Optimal Life,, Purpose,, Values, Appreciative Inquiry

Big Spender? Own It On Purpose.

Posted by Frank J. Corrado, CPA, CFP on Oct 11, 2017 5:19:27 PM

Photo credit: Atte Gronlund on Upsplash

If you’ve ever wanted to feel completely comfortable making big purchases and spend substantial sums of money without regret, first, find your purpose.

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Topics: Financial life guidance, Optimal Life,, Purpose,, Values

Equifax Breach Blues? Before You Freeze Your Credit, Read This.

Posted by Frankie Corrado on Sep 22, 2017 11:07:38 AM


Earlier this week, we posted a letter we shared with clients containing some insight into the Equifax data breach, including options for responding to this potential invasion of privacy and identity theft. We’re sharing that information again, below.

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Topics: Credit, Identity Protection, Tips

What's Your Big Idea and How Will You Prepare?

Posted by Frankie Corrado on Sep 13, 2017 2:07:57 PM

Photo credit: Peter Dant Photography

On August 21, 2017, the first total solar eclipse in the United States since 1918, ran from coast to coast, from Oregon to South Carolina.

It was a big deal.

Some financial experts raced ahead in the news, predicting a $700 million dollar ‘hit’ to the USA’s collective productivity bottom line, thanks to people taking time out of their day (or the day off) to watch the celestial show. (Read why Forbes says this is bunk.) The Associated Press reported that it was the most observed and reported eclipse in history.

It was special for those of us occupying the north west hemisphere as this eclipse event was only visible in the United States and there won’t be another one like it until April 2024.

How special was it?

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Topics: Financial life guidance, Goal Setting, Bell Works

Top Wedding Gifts That Inspire Happiness Far Into the Future

Posted by Frankie Corrado on Aug 18, 2017 8:40:00 AM

 

Image courtesy of Jeremy Wong

More and more people are marrying in their late 20’s and well into their thirties. They’ve been working for a few years. They’ve already bought furniture and appliances for their apartment or home.

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Topics: Savers

The Path To Awesome Part 3 or, Good Debt? You Bet!

Posted by John Munley on Aug 11, 2017 2:54:07 PM

 

Build Good Credit, Early.

This is the third part of our three-part series on The Path To Awesome: Top Three Financial Habits to Help You on Your Way. I detailed in the first blog, that I was inspired to write these by a very personal response to Kid President’s exhortation that everyone find their own path to awesome. As a father and former young person myself, I see this as a chance to more widely share some of the conversations I’ve had with my own daughters about developing good financial habits to help us all get to our own, very special brand of awesome.

However, just because this wraps up our Path To Awesome discussion, the conversations about developing good financial habits won’t end, and they shouldn’t.

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Topics: Financial life guidance, Parents and Children

The Path to Awesome: Top 3 Financial Habits to Help You on Your Way - Part 2, or, Don’t Just Park Your Money

Posted by John Munley on Aug 1, 2017 7:20:00 PM

The Path to Awesome, Part 2: Don’t Just Park Your Money

John Munley and his daughters.

Last week, I shared some advice I want to gift to my young daughters about establishing good financial habits, early. My inspiration was a speech the principal at my daughter’s school gave during her moving up ceremony. I was especially moved by a quote by Kid President about The Path to Awesome.  

This week, my focus is on some of the nitty-gritty specifics of early investing strategies because the money we earn (or receive as gifts) really can continue to grow with us -- if we take even a few hours to learn more about some simple principles and investment tools. And this IS important (and I hope my daughters are listening!), because the earlier we begin using these principles and tools, the more money our investments will earn and the more freedom and options we’ll have as we travel on our path to awesome.

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Topics: Parents and Children