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Financial Planning

The Most Dangerous Behavioral Bias: Confirmation Bias

June 11, 2024June 11, 2024 Jared Friedman CFP®Financial Planning

Quick question: which behavioral bias do you think is the most dangerous? Is it our tendency to follow the herd and chase trends? (This one plays out a lot in the stock market.) Maybe the human desire to avoid losses even […]

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Inflation Relief

May 28, 2024May 28, 2024 Jared Friedman CFP®Financial Planning

After months of simmering inflation reports, it looks like inflation finally eased slightly in April.1 Are prices stabilizing? Can we breathe a sigh of relief? Let’s dig a little deeper. What’s inside the latest inflation report? Economists typically look at […]

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Do you know your 401(k) options?

May 21, 2024May 21, 2024 Jared Friedman CFP®Financial Planning

Between high contribution limits, tax advantages, and potential employer matching, a 401(k) can be a homerun for your retirement savings. But if you’ve moved on from your 401(k) employer or are planning a transition soon, do you feel prepared to […]

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The Power of Smart Credit

May 14, 2024May 14, 2024 Jared Friedman CFP®Financial Planning

In addition to maximizing rewards and building credit, it’s essential to emphasize the importance of responsible credit utilization and effective risk management. While credit can be a useful tool, it is critical to employ sound financial strategies to mitigate potential […]

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Why Cash Is Not a Long-Term Investment

May 7, 2024May 7, 2024 Jared Friedman CFP®Financial Planning

In times of market uncertainty, investors often seek the safety of cash. This has been true over the past several years as markets have swung due to the pandemic, geopolitical events, Fed rate hikes, inflation, gridlock in Washington, technology trends, […]

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The Pocket Financial Planner

Jared Friedman CFP®

The Art of Financial Planning is a blog that focuses on financial planning and  money management. I work at Redwood Financial Planning.  Learn more here.

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