Thursday, August 24, 2017

Hello Folks !!

Welcome to 

Middle-aged Money Man 

a blog devoted to considering and choosing the wise money moves 
one needs to make between the ages of 35 to 55.

So, if you were born between 1965 and 1985, you're gonna find lots of helpful tips and information here.  But why would I do this?

I am convinced that the decisions we make from 35 to 55 either rescue from past bad financial decisions or enable us to build consistently compounding cash.  The ways in which we think and act in these specific years will determine the second half of our lives.

In reading popular financial blogs that are active at this time, the topics seem to be focused on three subjects: 

1. Millennials
2. Debt Rescue / Reduction
3. Retirement Planning

ALL great subjects. ALL very needed in the blogging space.  ALL useful.

But what about the rest of us......... those of us born 
after the Baby Boomers and before the Millennials?

It is my opinion that those of us in the middle of life face FAR MORE financial questions and challenges than any other group.  We have to deal with a wider range of issues than either of these groups.

My name is Richard Barbee, and I am the Middle-aged Money Man.  I am 47 with two young boys. I am a homeowner, business owner, and am currently dealing with LOTS of things related to money. I am right in the middle of this challenge, facing the same daily and weekly and monthly issues that you are.

You may be asking:

How do we prepare ourselves to even get ready for 'retirement' (if that ever comes)?
Can I develop financial discipline when there are limitless options and opportunities?

How do I juggle all of the current money obligations that I have?
Can I have some fun with money now, while doing all the wise things I need to do?

What do I need to do first, second, third, and so on?
What is the best use of my money and how do I put it into action?

How can I best prepare to care for my own parents down the road?
What are the best ways to teach my children financial responsibility?


Well.... I hope this blog offers you an efficient and productive use of your time.  I will address some of the following issues:

1. Cash - cash flow, cash accumulation, cash reserves, cash liquidity, savings
2. Debt - debt management, good debt, bad debt, leverage, opportunity, getting out of debt
3. Legal Documents  - wills, powers of attorney, business entity formation, trusts

4. Insurance - risk management, home & auto, umbrella policy, life, disability, business, liability
5. Mortgage - payoff or manage, extra payments, strategy, complicated schemes, refinance
6. Cars - lease, buy, refinance, used vs new, maintenance, strategy for purchase

7. Investments - when, where, ways to invest, contribution rate, strategy, purpose
8. Medical and Long-term Care Planning - parents, special needs children, personal care
9. Business - planning, life cycle of ownership, maximizing personal wealth, retirement plans

10. Education - planning for college, debt or no debt, parental co-signer, grants
11. Legacy - parenting, adult children, charitable giving, tithing, grandchildren, trusts

So, if these sound interesting or helpful, Bookmark This Blog and stay tuned.  I think you will be glad you did.

Be Blessed,

Richard Barbee
9724 Kingston Pike #701
Knoxville, TN  37922

These are the opinions of Richard Barbee and not necessarily those of Cambridge, are for informational purposes only, and should not be construed or acted upon as individualized investment advice. None of the above should be construed as individual legal, investment, or tax advice. Please consult with a legal, investment, or tax professional regarding your unique circumstances. Neither Richard Barbee nor Cambridge can offer legal advice.

Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Slate, Disharoon, Parrish and Associates, LLC are not affiliated.

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