You Only Get a Mulligan in Golf

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA In golf the low scores wins. The player with the least strokes per round is the winner. If you hit a bad shot into the woods or the water hazards (ponds) you can get what is called a Mulligan. You… Continue Reading: You Only Get a Mulligan in Golf

The Complimentary 1,440 Credit Card

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA My brother-in-law Bob recently told me about the Complimentary 1,440 credit card. Here were some of the features he mentioned: * You must use the 1,440 everyday* It expires at the end of the day* It automatically re-news the next… Continue Reading: The Complimentary 1,440 Credit Card

Things are More Expensive When You Pay For Them Yourself

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA We never gave our children an allowance when they were growing up.  I had an allowance when I was a kid.  Unfortunately for me my dad tied what I could get for an allowance to my grades.  He would say,… Continue Reading: Things are More Expensive When You Pay For Them Yourself

I’m Debt Free!!!

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA No, not me! Heavens no! I have a few helpers. They help you spend your money. Some folks call them ‘children.’ This is a colleague of mine whose goal was to be debt free by age 55. He reached his… Continue Reading: I’m Debt Free!!!

The Difference Between Tax-Free and Taxable Investments

This article, last updated in December 2023, is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA. Investors need to know the difference between tax-free and taxable investments. Tax-Free Investments One way to have tax-free investments is to own state or municipal bonds. The interest paid on these bonds is not taxable… Continue Reading: The Difference Between Tax-Free and Taxable Investments

The Roaring Twenties 2.0

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Happy belated New Year. I hope that News Year’s Day was not too rough for you. The firework display at Bushnell Park in Hartford, CT were awesome!  The last Roaring Twenties was, well, the 1920s; a mere century ago. The times… Continue Reading: The Roaring Twenties 2.0

Capital Gain Distributions and Tax Loss Harvesting

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Year to Date Returns Its late fall here in Connecticut.  Soon we will celebrate Thanksgiving.  Investors certainly have a lot to be grateful for this year. The markets (so far) have been kind to investors in 2019.  Through November 12,… Continue Reading: Capital Gain Distributions and Tax Loss Harvesting

The Difference Between Good Debt and Bad Debt

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Good Debt For most folks one of their primary goals is to be Debt Free.  With that said, there will be times when it is appropriate to borrow money. Good Debt is borrowing to purchase a home. If managed appropriately,… Continue Reading: The Difference Between Good Debt and Bad Debt