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The 15 Minute Plan

Have you seen those commercials for fitness programs that say all you have to do is spend 15 mins a day in their program and you will get lean and fit.  You know, they show a before and after picture of someone that has been through the program.  Now, I do not know if they work, but I do know if you stick with any kind of plan you will see some kind of results. It is no different with your finances.  You have to have a plan and stick to it.  Here are some steps to your 15 minute plan. The start of any plan revolves around cash flow management.   In the 17 years that I have been in financial planning, I have found that the most successful people are those that can create, manage and read an Income-Expense statement.  You start with a system for collecting your data.  You can use pen and paper; an Excel spreadsheet; a ...

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Can Bourbon Save Social Security

So I know what you are about to say, what does Bourbon have to do with Social Security.  Well nothing in regards to the distilled spirit itself.  But a possible excised tax could save the day.  Our Founding Fathers have used an excised tax on Spirits three times in American history to pay for wars.  Washington did it to pay for Revolutionary war debts.  The Great Whiskey Rebellion eventually forced a repeal.  But then Thomas Jefferson and Abraham Lincoln both used a Spirits Tax to pay for their respective wars; War of 1812 and the Civil War.  Today the Federal Government does not have tax on spirits, they leave that up to the state governments. Fast forward to today.  Social Security has been called the Third Rail of politics.  A subject that politicians do not want to tackle for fear of being ousted from their jobs.  So what are the three biggest problems with Social Security and possible solutions. The ...

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