by Ben Hockema, CFP® | Aug 10, 2022 | Basics
Compounding. It sounds like a word they would use on a farm. As in, “I’ve got some compounding to do down on the back forty so I won’t be able to shuck corn with ya this afternoon”. In reality, compounding is just one more of those financial...
by Ben Hockema, CFP® | Jul 13, 2021 | Basics, Investing
A common conversation I have with my young professional clients goes something like this: Client: “I really need to save up money for a down payment on a house” Me: “Why do you feel you need to buy a house?” Client: “If I don’t buy now, I will just keep...
by Ben Hockema, CFP® | Jun 4, 2020 | Basics, Saving
In the first post of this series (“Making A Game Out Of Budgeting”), we talked about focusing on Savings Rate. Today, I want to dive a little deeper into the Power of a High Savings Rate. For many receiving a paycheck, at times it can be challenging to figure out...
