January 1, 2009

The Financial Coach

Because of my limited abilities with uploading this document onto the website, I have moved it to my blog: please visit: and click on the page “The Financial Coach”. Or better yet, click on the link at the bottom of this main page. Thanks.

monthly column
November 30, 2008

Desire and need – $

George F. Will asked in the October 25th issue of Newsweek “Does anyone doubt that Americans consume too much and save too little? In the three decades prior to the 1990s, Americans saved nine cents of every after-tax dollar. Since then, they have saved 3.5 cents of each dollar; in each of the last three […]

Economics and politics
November 30, 2008

3 squared

In a previous post I discussed the Rule of Random Threes: whenever a new idea comes at me from 3 totally different sources, then that idea has secured its place in current thinking and therefore in mine. I’m as much a part of the common culture as most, even though I don’t want to think […]

November 27, 2008

Thanksgiving redeux

Each year I give sincere thanks for the family and friends who sustain me, for good health, inspiring and provocative work, and as my much loved mother always says “to have been born in pleasant places.” This year I add to that standard list: to live in the present. Our current and shared present provides […]

October 11, 2008

Go ahead – speak up!

Over the past three weeks, I’ve had the privilege and opportunity to do what I most love: facilitate group think tanks!  Remodelers Advantage, with whom I’ve worked since 2003, provides the structure for 12 or so non-competitive remodeling companies from around the country to meet twice yearly and de-construct / re-construct member company’s as well […]

Management Theory
October 1, 2008

QuickBooks not just in September – ALL YEAR ROUND!

It’s October 1st, summer has ended and with it the long hard slog through August which was consumed by the completion of my revised edition of Managing your Remodeling Company using QuickBooks Pro. This manual of some 260 pages spans the entire process of program set-up, data entry, report production and analysis. It became the […]

Quick Books Pro for Remodeling
August 19, 2008

Company triage? Use the 80/20 rule!

Over the years of working with remodeling contractors, some simple patterns have become apparent. One remodeler’s strong interest in people leads to success in sales. Another’s love for design produces award-winning projects. Still another with a fondness for systems can produce a company which produces predictable and repeatable customer experiences, time after time. Each company […]

Job cost accounting, Metrics
August 18, 2008

The IRS & Independent Contractors – BEWARE!

No doubt you’re fully aware of the need to hire only certain types of companies as Independent Contractors for tax reporting purposes rather than employees. You might also be aware that if the IRS reviews the facts regarding the worker’s status, the employer can be held liability for all Federal employee taxes including: federal income […]

Job cost accounting
August 17, 2008

Who’s a pessimist? Economic modeling & the future.

After failing physics and thereby failing to become an undergraduate in the school of architecture, I studied economics. This was before economic modeling gained the enormous advantage of computers to extract data from multiple sources and thereby build future assumptions. This ability is now called ‘econometrics’ and adds to the art of economics a scientific […]

Economics and politics
August 17, 2008

Individualist mentality vs. collectivist mentality

David Brooks in the NY Time Op-Ed section on Tuesday August 12th comments from China that: “The world can be divided in many ways – rich and poor. democratic and authoritarian – but one of the most striking is the divide between the societies with an individualistic mentality and the ones with a collectivist mentality” […]

Economics and politics