Money—A Finite Resource

I was not the best student in high school, academically. However, I was one of those kids that was well liked who always had a good time. I went to a Catholic school and I remember all the nuns telling me that I had a “spark” in my eye. Of course, that would always be […]







Why Borrowing From A 401(k) Might Not Be The Best Idea

Last week, I taught a class at the Plymouth campus of Cape Cod Community College with Gerry, another advisor in our Plymouth office. This class has become quite popular. It is specifically designed to help students prepare for a sound retirement by teaching them how to build a solid retirement system. Cutter Family Finance readers […]







Social Security, A Liability To Some?

Last Wednesday night, I taught a class at the Plymouth campus of Cape Cod Community College on how to create a retirement system for folks approaching retirement. Part of the class is geared toward income planning and how Social Security plays into that. This was a hot topic for that crowd. One-half of a nice […]







The Growing Weight Of Student Debt

Jeff wrote a good article last week about recent changes to federal student financial aid and some possible strategies to help finance college education.   His article addressed some things to consider in the years prior to applying for financial aid, things that may affect the amount of aid available to a student. It is […]







Finding The Right Home For Your Money

I find that when people think about financial planning, they often think about saving, saving, and then saving some more. As most of you know, I’m an advocate of saving and planning for the future; heck, my friends joke that I still have my First Communion money. But remember, you save and you plan so […]







The Financial To-Do List For College Grads

Every year I am asked to teach to the graduating class of my alma mater, Massachusetts Maritime Academy, a class on how to create good financial habits. It is a very popular class. And one that I wish I had available to me when I was their age. This year, I was pleasantly surprised. You […]







Debt Is a Growing Retirement Problem; Don’t Make It Yours

Remember those retirement commercials a few years back, I think from ING? They had pre-retirees carrying around giant numbers that represent how much money they need to save in order to have the retirement lifestyle they want. In our working years, we are in the accumulation phase of our financial lifecycle. And in that accumulation […]







Here’s To Your Financial Fitness In 2016

The most popular New Year’s resolution last year was, no surprise, to get in shape, physically. It was also, no surprise, the most commonly broken resolution.   Resolutions are rarely successful. Why? Because positive change is made by habit, not by resolution. And habits must be acted upon at the beginning, middle and end of […]







Higher Interest Rates—What Do They Mean?

For the first time in nearly a decade, the Federal Reserve will be raising the key interest rate. The “key rate” is the specific rate that determines bank lending rates and the cost of credit to borrowers. The key rate is one of the chief tools used by the Federal Reserve (Fed) to implement its […]







How To Avoid A Financial Hangover

I just love this time of year; it is full of joy, cheer and celebration. It’s a time to eat all the treats we want without gaining a pound because calories don’t count on holidays, right? And it’s a time to buy all the gifts we want for all the people we love, because money […]