Posted by: Joseph Kuo | March 11, 2021
Financial resourcefulness is the desire and ability to make the most out of your financial resources. Aside from just making more money, financial resourcefulness also involves being well-organized, knowing your financial goals, and finding effective… Read More
Posted by: Joseph Kuo | February 22, 2021
For many of us, managing our finances and building economic security is a nagging concern. We generally know that we should be putting in more effort towards managing our money matters. But more often than… Read More
Posted by: Joseph Kuo | December 29, 2020
Stimulus Check The income thresholds for the second stimulus check of $600 per adult and child will be based on your 2019 Adjusted Gross Income (AGI). The maximum AGI at which you’ll no longer be… Read More
Posted by: Joseph Kuo | December 23, 2020
In Part I, we talked about the difference between term life insurance and permanent life insurance. We talked about reasons you would want life insurance, and that with term life insurance, your goal is… Read More
Posted by: Joseph Kuo | October 8, 2020
Time Savings It doesn’t matter who you are or what you have-time is the ultimate resource. Jeff Bezos or Bill Gates have no more hours in a day than the rest of us. Read More
Posted by: Joseph Kuo | December 27, 2019
Jim told me that he needed me to be his sounding board so he can think clearly and make important decisions that he cannot do it by himself. He has always appreciated the clarity he… Read More
Posted by: Joseph Kuo | April 3, 2019
Broadly speaking, when we talk about retirement savings vehicles, we mean financial accounts that allow for tax deferral or, rarely, permanent tax deferral (i.e. tax-free). The idea is, since there is a tax advantage to… Read More
Posted by: Joseph Kuo | March 4, 2019
Occasionally, I have clients who tell me that they don’t have assets over $10m (or $20m for a married couple) so they don’t need estate planning. There is a misconception that estate planning is primarily… Read More
Posted by: Joseph Kuo | February 11, 2019
First, let me acknowledge that there are many insurance products designed to address different situations. However, we can generally separate life insurance policies between term-life and permanent-life. As many may already know, term-life is for… Read More
Posted by: Joseph Kuo | December 12, 2018
Before we get started, let me clarify that most of these options provide more benefits to businesses on cash basis accounting, rather than accrual method accounting. If you are not familiar with accrual method accounting,… Read More