What, Exactly, Does William Do?

Ask 10 people what a financial planner is and you’re likely to get 10 different answers. The trouble is: all of the answers may be correct, depending on the financial planner. My name is William Duncan, the founder of Duncan Financial Planning, LLC of Henderson, Nevada. I’m not going to attempt to answer the question for other financial planners. I’m going to tell you what I do. First, I’m not in competition with the...

What Next? After the BK or Foreclosure

Declaring bankruptcy or having a bank foreclose on your home effects people differently. You could be saddened, angry, frustrated or relieved; depending on the circumstances. Regardless of how it happened, close the door on that chapter in your life and, if at all possible, use the clean slate to give yourself a financial makeover. If you are jobless or in the midst of a Chapter 13 repayment plan, you may need to get back on...

Too Big of a Mess to Fix

Bankrupty(BK) and Foreclosure are serious matters. I hate to see anyone take that kind of hit, if they can avoid it. However, sometimes our financial lives get into such a mess that you can no longer see any way out. If you’ve arrived at the point where you can’t pay your bills without borrowing money, just to make the minimum payments – you’re in trouble. What to do? Depending on the situation, many of us should...

Frugal – The New Chic

Most of us don’t save enough. Many of us feel that it’d be too big of a sacrifice of our lifestyle now, even though we might be dooming ourselves to three choices: working forever, living in poverty if we do retire, or dying young. Ouch! Hurts but it’s true. I’m learning too. I’ve made many poor financial choices in the past but I’ve gained knowledge and am doing better with my finances all the time. You can...

Today Matters

Life is all about choices. The choices you made in the past can be celebrated, accepted or, if needed and if you’re lucky, mitigated. You can never make a choice in the future, you can only make a choice in the present that affects your future. When it concerns your personal finances: enjoy today but don’t spend like there’s no tomorrow. The last several posts have been leading me to the fact that we’ve got to find a...

Free Up the Cash – Free Up Your Life!

In one of the previous posts, I described credit card hell and how wonderful it feels to get out credit card debt. I stand by those remarks. However, we still need to talk about how to get rid of those oppressive balances. There are two camps with different thoughts on how you should attack balances on multiple credit cards. The first camp believes you should choose the card with the highest interest rate to pay off first...