Financial Guru or Political Pundit….You Decide!

Ike IkokwuThe Politics of Personal Finance

If you’ve ever listened to a financial guru, financial expert or other authoritative figure in the financial services industry, at some point you’ve probably gotten to hear them talk about politics in some shape, form or fashion. Why is that? Are financial experts “in the closet” politicians? Do they aspire a different life in politics? Or, is there some interrelationship … Read More

What’s Your Wealth Building Formula?

Ike IkokwuThe Blog

Before getting into the basic wealth building formula most people use, I’d like to explain a bit about how banks and similar financial institutions work. Let’s assume for a moment that you are a business owner and I’m the bank. For every $1 you earn in your business, where do I as the bank tell you to put each $1, … Read More

Put An End To The Financial Insanity

Ike IkokwuThe Blog

As a country, nation and even globally, we are in the middle of one of the biggest financial crisis since the great depression. The folks in Washington can’t seem to balance our budget. As each year passes, our national debt that is now in the trillions of dollars keeps increasing. Investors have suffered yet another major setback in their financial … Read More

Winning by Losing: The Lost Art of Failure

Ike IkokwuThe Blog

This week I read a story entitled… “After FCAT Scores Plunge, State Quickly Lowers the Passing Grade” The particular state, test, nor circumstances in the story were relevant to the all too familiar point that popped into my head. In this instance, the state may very well have had their reasons for doing so. Individual student aptitude, after all, is … Read More

Planning For Independence

Ike IkokwuFinancial Guides, Financial Independence Coach, The Blog

I would like for you to view “retirement” as the dirty “R” Word. I know a lot of those in the financial services industry help clients plan for retirement but all of them are missing the boat. You should not be planning for retirement but instead should be planning for financial independence.

Becoming Debt Free

Ike IkokwuFinancial Guides, Financial Independence Coach, The Blog

Ever feel the weight of the world coming down on you? That’s the way anyone feels when they are buried under the rubble of what I call “bad debt.” So what is bad debt? Bad debt is any consumer debt that does nothing to increase your financial position but instead further deteriorates your financial position.

Estimating Your Retirement Income

Ike IkokwuFinancial Guides, The Blog

Most people have three possible sources of retirement income: (1) Social Security, (2) pension payments, and (3) savings and investments. The income that will have to be provided through savings and investments (which you can plan for) can be determined only after you have estimated the income you can expect from Social Security and from any pension plans (over which … Read More

Your Retirement Plan

Ike IkokwuFinancial Guides, Financial Independence Coach, The Blog

How To Get Started The number of people who are financially unprepared for retirement is staggering. One study revealed that more than half of the adults in the U.S. were planning to depend solely on Social Security for retirement income. Another study indicated that the great majority of Americans do not save nearly enough money. This Financial Guide provides you … Read More