Author Archives: Michael Smith

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About Michael Smith

MBA, CFP®

Michael Smith is a Resident Financial Planner at Financial Finesse with over 15 years experience in financial planning and service. His primary role is in service delivery of Ask-a-Planner Days, and the Financial Helpline.

He writes weekly on the ins and outs of daily life as a financial educator.

He has an extensive background in the full service financial services, banking, accounting, and financial planning industries. He achieved the CERTIFIED FINANCIAL PLANNER™ designation in 1999 and joined Financial Finesse in April 2010.

Favorite Blogs: Darwin's Finance, Zero Hedge.

Fun Fact: Played rugby for a long time & still has all his original teeth, but has had four knee reconstructions.

Favorite Quote: "Never drink a beer you can see through." -Self

How Making Mac-n-Cheese is Like Investing

If you invest, look at the big picture and determine your risk tolerance and asset allocation before deciding which of the myriad of investment strategies you’ll employ. Continue reading

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Are You in a Cash Flow Drought?

If you can reduce expenses a bit while increasing your income, it’s almost like a double win or making twice the progress. Continue reading

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Happy 4th of July!

On this Independence Day, I and all of the employees of Financial Finesse would like to wish you and those you love a very Happy 4th of July! Continue reading

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Why Your Social Security Projection is Probably Wrong

If you keep it simple and focus on these behaviors, you will make the big debate about the future of Social Security a moot point in your financial life. Continue reading

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When is Borrowing From Your 401(k) a Good Idea?

I agree that it is usually not a tactic I would advocate, but there are some circumstances when it makes more sense than most other options. Continue reading

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Is Your Financial Life a Thriller?

If you’d like to get some basic starting points for your financial life, there are a few things you can do. Continue reading

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The 2 Big Financial Mistakes Most People Make

There are two “mistakes” I see people make that are completely fixable and would reduce financial stress on a monthly basis and help establish a better equilibrium point. Continue reading

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Posted in Communicator, Money Saving Ideas | Tagged , , , , , | Leave a comment

Going Against the Odds

If you find yourself in a situation that seems overwhelming, what can you do? Continue reading

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I Don’t Even Know Where to Start!

The best way I’ve found to get someone started is for them to see the aerial view, the big picture, and then move into more detailed things later. Continue reading

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What’s Your Magic Number?

Of course, it’s going to be a different number for each of us and there are countless ways to arrive at a number that makes sense for your life so my goal here is to try to help you figure out a reasonable estimate of what you might need without having to run numbers on a spreadsheet or a website that may or may not be worth the time it takes to prepare the estimate. Continue reading

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