Do you use cash anymore? With the wide use of debit and credit cards, we seem to need it less and less. In spite of the fact that we kill ourselves to acquire more and more of the green stuff! Younger generations use plastic and electronic payments more than anyone. Look at PayPal, Amazon and […]
My Mom worked for the University of Kentucky for 41 years. Yep, 41 years! Who does that anymore? Hardly anyone. Most working Americans will change jobs 11 times during their working years, according to Fidelity Investments. That works out to a job switch about every 4 years. Job transitions are an example of Life Event. […]
In my previous article, Sudden Wealth from A Life Event?, I mentioned a huge number of life altering events that create sudden wealth. This article will focus on an Inheritance. When you inherit money it usually accompanies a very emotional time. You may be still grieving over a lost relative or friend. Sometimes the sudden […]
Ever gone out to dinner and had a terrible experience? Of course, we all have. Today was one of those rare occasions that I had lunch and dinner at a restaurant. Oddly enough, both experiences were really bad. I had terrible food for both meals, and one bad attitude server that really didn’t care. Why […]
As a financial advisor, I get more than my share of strange phone calls. Some are real doozies! So when I picked up a recent call, I braced for impact! Some calls are really weird, other times someone is soliciting my business. This call wasn’t a question about investing either. The caller had just experienced […]
Debt sucks. Credit card debt really sucks. I’ve seen some unbelievable balances over the years. Besides racking up huge balances on your cards, and living like you’re Ritchie Rich, there are several whopper mistakes you will want to avoid. What are the whopper credit card mistakes you should avoid? 1. Using your credit card for […]
We have all made investments that we’d like to forget about. You know the one. The one that had such great promise only to plummet like a runaway elevator in a horror flick! “Why did I buy this?” “Was my researched flawed in some way?” “Why didn’t I sell sooner!” Just a few questions you probably […]
I’ve always been fascinated with meditation. Recently I started using an iPhone app called Headspace. Headspace walks you through how to mediate. It’s really quite nice. One of the primary things meditation helps with is mindfulness. Mindfulness is defined as being in the present, the here and now, fully engaged in whatever is happening, free […]
Now that the 4th of July is upon us, it may be time to think about our own financial independence! There will be no fireworks and no picnics, just some hard work to reach your own financial independence. I promise it will be worth it. The secrets to achieving financial independence are pretty straight forward. […]
Who really needs life insurance anyway? That’s a great question. Many people are “sold” life insurance every year. Some need it, some don’t. More often than not, it’s probably the wrong amount. My suggestion is to do some financial planning first to determine your need. If you are the only breadwinner in the family, you […]
About David Dedman
David A. Dedman is President and Founder of Lexington Wealth Management, a wealth management and 401(k) advisory firm. David has been assisting investors and business owners invest smarter, grow wealth and plan for the future for over 20 years. David has appeared in such publications as WealthManagement.com and the Huffington Post.
- Fear and Greed: Still the Great Motivators April 1, 2012
- 5 Reasons to Do Financial Planning…Even During A Zombie Apocalypse March 22, 2012
- The Difference Between Saving & Investing June 12, 2012
- 5 Killer Estate Planning Errors August 16, 2012
- Oh No! Not Another Market Correction! April 11, 2012
- Is Cash Obsolete? July 31, 2014
- Sudden Wealth From A Job Change? July 29, 2014
- Sudden Wealth From An Inheritance? July 24, 2014
- Financial Lessons From A Simple Lunch July 22, 2014
- Sudden Wealth from a Life Event? July 17, 2014
- Is Cash Obsolete? | The Diligent Advisor: […] the wide use of debit and credit cards, ...
- Sudden Wealth From A Job Change? | The Diligent Advisor: […] be a very large sum of money, so be info...
- Sudden Wealth From An Inheritance? | The Diligent Advisor: […] my previous article, Sudden Wealth from ...
- Sudden Wealth from a Life Event? | The Diligent Advisor: […] It will be stressful. When you have this...
- Financial Lessons From A Simple Lunch | The Diligent Advisor: […] The bigger lesson for my son was about h...