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Specializing in financial planning for families
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How To Get The Most Out of Your 401k: What is a 401k?
Part 1 of our 401(k) series: what a 401(k) actually is, and how it compares to an IRA, 403(b), and other retirement accounts. A short video overview to get the foundation right before making contribution decisions.
mkostelnik13
Aug 9, 20221 min read
What Type of Student Do You Have?
Not every student is the same — and neither is the financial aid they'll be offered. Understanding where your student falls on the academic and financial spectrum is the key to knowing which colleges will give you the best package. A short video introduction.
mkostelnik13
Jul 27, 20221 min read
The Three Phases of College Planning
What you should be doing to prepare for college depends entirely on your child's age. From young kids to juniors and seniors, each phase has its own priorities — and different levers you can pull. A short video walkthrough.
mkostelnik13
Jul 26, 20221 min read
Want to do better with your money? Here's how to get started.
"How do you eat an elephant? One bite at a time." Getting your financial life in order can feel overwhelming, but it doesn't have to. A short video on where to start when you're ready to do better with your money.
mkostelnik13
Jul 25, 20221 min read
What Is Your Problem?
<p>Money problems? For many, money is a complicated issue. The […]</p>
mkostelnik13
Jul 21, 20221 min read
If You Have Kids, Check This App Out
Our family started using www.busykid.com about ten months ago, and […]
mkostelnik13
Jul 19, 20221 min read
In A Down Market, This Can Be a Good Move
Down markets feel painful — but they create one of the best tax planning opportunities of the year. A short video on how to turn a paper loss into a real tax benefit.
mkostelnik13
Jul 18, 20221 min read
A Quick Change That Will Help Your Kids With Money
Why most attempts to teach kids about money fail — and the small change that connects the work to the reward.fa
mkostelnik13
Oct 28, 20203 min read
Some Advice to 20-Year-Old Me
Five things I wish someone had told 20-year-old me — about saving, debt, side income, and skills. A personal post on the financial choices that compound over a lifetime, written from the perspective of a guy who learned most of them the hard way.
mkostelnik13
Jul 14, 20205 min read
Child and Dependent Care Tax Credit vs. Dependent Care FSA
<p>Taxes and paying and daycare; two of the worst things […]</p>
mkostelnik13
Dec 2, 20193 min read
What Does A Mutual Fund Cost?
Mutual funds aren't free — but the costs are often hidden in plain sight. A breakdown of share classes, sales loads, expense ratios, 12b-1 fees, and the difference between active and index funds. Because the fees you don't see are the ones that quietly cost you the most.
mkostelnik13
Sep 23, 20194 min read
How Safe is my Money?
<p>Every few years, it happens. A Bernie Madoff (I know, […]</p>
mkostelnik13
Jul 29, 20194 min read
What is a Fiduciary?
<p>We have all sat down with an “advisor” and wondered […]</p>
mkostelnik13
Jul 22, 20194 min read
Should I Pay off Debt or Invest First?
"Pay off debt or invest?" is the most-asked money question — and the honest answer isn't a one-liner. A framework based on debt type, interest rate, liquidity, and life stage, with a take on where Dave Ramsey gets it right and where the math says otherwise.
mkostelnik13
Jul 15, 20194 min read
Real Estate; Should I buy a house to save on my taxes
"Buy a house to save on taxes" is one of the most common pieces of bad advice in personal finance. Here's why the mortgage interest deduction doesn't help most homeowners — and why "saving" $1 in interest to save 30¢ in taxes was never the point.
mkostelnik13
Jul 1, 20193 min read
Saving For College – I Am Starting Late, What do I do?
<p>I understand the guilt of not saving for college. For […]</p>
mkostelnik13
Jun 27, 20192 min read
529 Plans; What If We Do Not Use the Money?
<p>The 529 Plan is a great way to save for […]</p>
mkostelnik13
Jun 19, 20192 min read
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