Financial Planning Blog
Introduction to Professional Risk Assessment
Introduction to Professional Risk Assessment Professional risk assessment, a pivotal process in financial planning, strikes at the heart of making informed investment decisions. Notably, at
The Importance of Fiduciary Responsibility in Financial Planning
The Importance of Fiduciary Responsibility in Financial Planning In the realm of financial planning, the significance of fiduciary duty cannot be overstated. A fiduciary is
Estate Planning Essentials for Small Business Owners
Understanding the Role of Fee-Only Advisors in Financial Planning Fee-only advisors, such as those at Datapoint Financial Planning, operate under a model where compensation is
The Impact of Divorce on Financial Planning
Understanding the Scope and Expertise of Datapoint Financial Planning Datapoint Financial Planning, spearheaded by David E. Barfield, CFP®, is distinguished by its comprehensive approach to
Expert Investment and Financial Strategy Services in Canton, GA
Facebook Twitter LinkedIn When it comes to securing your financial future, having a sound investment and financial strategy is paramount. In Canton, GA, residents are
How Advice-Only Financial Planning Can Help You Achieve Your Retirement Goals in Cumming, GA
Facebook Twitter LinkedIn Are you a Cumming, GA resident looking to secure your financial future and achieve your retirement goals? Advice-only financial planning may be
The Benefits of Hourly Financial Planning: How It Works for You
The Benefits of Hourly Financial Planning: How It Works for You Facebook Twitter LinkedIn In the ever-evolving landscape of financial advice, one model stands out
Small Business Finance with Hourly/Advice-Only Financial Experts
Small Business Finance with Hourly and Advice-Only Financial Experts Facebook Twitter LinkedIn Effective financial management is essential for small business success, yet navigating this terrain
Inflation and Its Effects on Fee-Only Financial Plans
Inflation and Its Effects on Fee-Only Financial Plans Facebook Twitter LinkedIn Strategies for Long-Term Security In today’s ever-evolving economic landscape, inflation poses a significant challenge
Cryptocurrency Investing with Fee-Only Advisors
Cryptocurrency Investing with Fee-Only Advisors Facebook Twitter LinkedIn The Rise of Cryptocurrency Investment Cryptocurrency has revolutionized the financial landscape, offering a new way to invest
Developing Your Financial Plan
Developing Your Financial Plan Facebook Twitter LinkedIn Having a solid financial plan for your family is more critical today than ever before. Pensions are disappearing
Ignore the Financial Noise
Facebook Twitter LinkedIn How in the world do I stay focused on long-term investing goals with all the noise around me? And how do I
SECURE Act 2.0 Key Features
SECURE Act 2.0 Key Features Facebook Twitter LinkedIn On December 23rd, 2022, Congress passed the Consolidated Appropriations Act of 2023, which included the SECURE Act
Lifestyle Creep can Ruin Your Retirement!
Lifestyle Creep can Ruin Your Retirement! Facebook Twitter LinkedIn When you get a raise or a bonus, does your spending on lifestyle consume all the
Saving for Retirement is Your Own Responsibility
Saving For Retirement is Your Own Responsibility Facebook Twitter LinkedIn Gone are the days of private sector companies providing pensions for their employees. And even
Backdoor Roth IRA: What is it and Why Should I Care?
Backdoor Roth IRA: What is it and Why Should I Care? Facebook Twitter LinkedIn In previous blogs, I’ve written about the importance of tax diversification
Advantages of a Health Savings Account (HSA)
Advantages of a Health Savings Account (HSA) Facebook Twitter LinkedIn If you have a high-deductible health plan (HDHP) through your employer and have access to
Common Financial Mistakes
Common Financial Mistakes Facebook Twitter LinkedIn As a flat fee financial planner, I tend to work with younger clients who haven’t yet built up enough
The Effect of Inflation on Retirement Planning
The Effect of Inflation on Retirement Planning Facebook Twitter LinkedIn How much money do I need to retire? Or stated another way: How much money
Financial Habits for Building Wealth
Financial Habits For Building Wealth Facebook Twitter LinkedIn Financial Freedom: the option to work or coast, to pursue a passion, to control your own time
Is FIRE Really Feasible?
Is FIRE Really Feasible? Facebook Twitter LinkedIn I’m a Certified Financial Planner™ practitioner, and I also “retired” from my first career at age 52 after
Is It a Good Idea to Pay Off Your Mortgage?
Is It a Good Idea to Pay Off Your Mortgage? Facebook Twitter LinkedIn Like most personal finance decisions, it depends. I’m a financial advisor, and