The Blue Blaze

The ABCs of Education Investing

Posted by Frankie Corrado on Nov 5, 2018 10:17:00 AM

With school back in session in most of the country, many parents are likely thinking about how best to prepare for their children’s future college expenses.

While it’s a fair bet that most parents and guardians will be filling out the dreaded FAFSA (Free Application for Federal Student Aid) as part of their college application ritual, crossing fingers for a favorable outcome on that process isn’t anyone’s best bet.

We have put together a handy primer with some introductory lessons and key details to prepare anyone looking to successfully plan and pay for their children’s college experience. Read on for more about:

  • The rising cost of a college education
  • The impact of inflation on the cost of higher education
  • Risk management and Opportunity cost
  • Diversification and Goal setting
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Topics: Parents and Children, Goal Setting, College Planning

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: Bell Works, Financial life guidance, Goal Setting

Goal Setting DOES Work, in Finances and Life

Posted by Frankie Corrado on Jul 7, 2017 1:58:44 PM

My Response to: “Goal Setting Doesn’t Work.”

Sarah Robbins of Blue Blaze Financial Advisors, walking in Bryce Canyon National Park

A recent article by Darren Hardy, the creator of the magazine, SUCCESS, shows his smiling picture beside an article where he makes the bold claim that “Goal setting doesn’t work”. As a huge believer in goal setting, I was taken back by the headline but went in with an open-mind. “Maybe this guy has a point I haven’t considered,” I thought.

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Topics: Goal Setting

It’s Your Life, Here’s How to Find What You’re Looking For

Posted by Frankie Corrado on Mar 20, 2017 10:40:47 AM

 When you sit down with a financial advisor, you’re not expecting to be asked questions like, “What is your ideal life?” or “What things are most meaningful to you?”

Those types of questions are reserved for Oprah interviews, not financial planning sessions. You’re expecting to discuss investments, assets, tax returns, debt and retirement planning. What do those deep and probing inquiries have to do with managing your money?

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Topics: Financial life guidance, Goal Setting, Hiking

How to Figure Out (and Achieve) What You Want in Life and Money

Posted by Frankie Corrado on Mar 10, 2017 5:00:00 AM

No one wants to grow up to be a goal setter. But somewhere between high school and college graduation we realize, if we want to be that marine biologist or that fire fighter we always hoped for, we’re going to have to set a goal.

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Topics: Financial life guidance, Goal Setting, First Home, Hiking