Yearly Archives: 2016


Stress and Money

By Drew Hefflefinger, CFP® Managing personal finances is stressful. With so many considerations, either immediate or in the future, it can feel overwhelming and cause unwarranted stress. Let’s address some of the basic causes of financial stress and how to best approach it. Money and health: two of the most common causes of stress. By exercising, eating well, and understanding our bodies we can, for the most part, live healthy lives. By eating poorly, not [...]

By | 2016-05-13T17:12:05+00:00 May 13th, 2016|Financial Planning|0 Comments

Investment Return

By Drew Hefflefinger, CFP® Stock picking and market timing is generally a fool’s game --- the market is out of our control. What we can control is how we manage our investments. By focusing on the planning process, tax liability, expenses, and our behavior we are setting ourselves up for success and a positive investing experience. If I could tell you what the next hot stock, sector, or country is going to be I would [...]

By | 2016-05-02T20:44:23+00:00 May 2nd, 2016|Investments|0 Comments

When to Consider a Professional Advisor

By Drew Hefflefinger, CFP® Knowing when to seek professional help is not always clear. If we break our leg, it is pretty obvious we should see a doctor immediately. However, knowing when to engage with a competent and professional advisor can be a little vague --- At its core it is all about transitions. When we make transitions we are typically faced with major financial decisions. Some decisions appear straight forward --- larger mortgage payments decease [...]

By | 2016-04-29T19:34:24+00:00 April 29th, 2016|Financial Planning|0 Comments

Income: Your Greatest Financial Asset

By Drew Hefflefinger, CFP® The ability to generate income is typically a young professional’s greatest financial asset. To keep life afloat today and build for the future requires regular incoming cash flow. To break this down there are two primary themes to consider --- what you can, and cannot control. What is your greatest financial asset? To many it stumps --- from homeowners I often hear, “my home”. However, this is not true in many [...]

By | 2016-04-14T16:26:17+00:00 April 14th, 2016|Financial Planning|0 Comments

Financial Bites for Baby Sharks: Students Loans [Part Two]

By Drew Hefflefinger, CFP® Consolidation, income-driven repayment and private refinancing are three commonly confused topics in the student loan world. All can help customize repayment, however, all are very different. In repayment it is worthwhile to understand the options and see how each strategy can be applied to your personal situation. Typically, a standard federal student loan is issued as a 10-year term paid in equal monthly payments… all very cookie cutter. But we are [...]

By | 2016-03-25T17:31:23+00:00 March 25th, 2016|Financial Planning, Legal|0 Comments

Financial Bites for Baby Sharks: Student Loans [Part One]

By Drew Hefflefinger, CFP® THE WHY behind student loans. This post will discuss how law school, and thus student loans, are a means of increasing human capital, how that capital may be used today, and offer insight into what the future may bring. Student loans are a part of nearly every lawyer’s life --- you may be on track to the lifestyle you dreamed of in law school, but debt is a constant pull on [...]

By | 2016-03-18T17:49:45+00:00 March 18th, 2016|Uncategorized|0 Comments

Financial Bites for Baby Sharks: Introduction

By Drew Hefflefinger, CFP® As part of a new bi-monthly series, “Financial Bites for Baby Sharks” will focus on personal finance topics that are relatable and targeted towards young attorneys. The goal of the series is to inform readers on a variety of topics that can affect their personal finances. First, I would like to say thank you to the Denver Bar Association for the opportunity to contribute to the blog. After reading a few [...]

By | 2016-03-18T17:37:42+00:00 March 18th, 2016|Uncategorized|0 Comments