Erik Baskin, CFP

06/05/2024

In episode 41 of the BLUF Finance Podcast, I talk about how to determine how much to put down on a house as well as what type of mortgage is right for you.

There are tons of relvant considerations like:

- How long you plan on staying
- VA Loan eligibility
- Liquidity available
- Current debt levels
- Interest rates across loan types
- Inentions to use it as a rental or not

Subscribe and listen wherever you get your podcasts!

https://www.baskinfp.com/post/41

04/16/2024

Baskin Financial Planning turned 3 over the weekend.

I can remember being on a golf cart in AZ the day before my best friend’s wedding and getting this email that my firm was officially approved to do business.

If only I knew…that was the only easy part!

What started as a crazy idea over 5 years ago has blossomed into a dream business that has more than replaced my military paycheck, is 2 years ahead of revenue projections, and allows us both get out of the military and build exactly the life we want.

So thankful for the last 3 years, but also super excited and focused on the firm I am building to be doing good work for clients for the many decades to come!

04/02/2024

REAL Financial planning is a complete different world from most of the investment and financial industry!

03/14/2024

Optimizing your money means not overspending, but also the rarely talked about topic of not over saving!

If you're not careful, this can have huge impacts and results in you giving up things you need now, only to pay more tax to the IRS when you pass away in estate tax!

03/13/2024

In episode 29 of the BLUF Finance Podcast, I walk through why sometimes it make make sense to slow down or stop saving for "retirement" entirely. I walk through an example using numbers and tools to show why having too much money someday can be a problem and is not optimal for most families.

Subscribe and listen wherever you get your podcasts!

www.baskinfp.com/post/29-when-it-makes-sense-to-stop-saving-for-retirement

02/28/2024

In episode 27 of the BLUF Finance podcast, I talk about the pros and cons of the main retirement account options for small business owners to setup to save on tax and diversify away from their business whether they have a small side hustle or are full time business owners.

Subscribe and listen wherever you get your podcasts!

https://www.baskinfp.com/post/27-retirement-accounts-for-small-business-owners

01/17/2024

In episode 24 of the BLUF Finance Podcast, I talk about how to calculate and assess your savings rate and some things to think about when deciding whether this is a healthy rate for your family.

Subscribe and listen wherever you get your podcasts!

www.baskinfp.com/post/24-savings-rate

12/19/2023

Thanks to the Wall Street Journal for including me in a recent article on how rate cuts in 2024 will affect homebuyers.

Bottom line, your personal circumstances outweigh timing the mortgage or housing market all day every day!

https://www.wsj.com/personal-finance/mortgages/interest-rate-cuts-2024-mortgages-76172791?reflink=integratedwebview_share

12/14/2023

12/14/2023

Huge thanks to and for including me in today’s article about the effects of the Fed’s rate cuts on mortgages and homebuyers in 2024!

12/14/2023

Huge thanks to and for including me in today’s article about the effects of the Fed’s rate cuts on mortgages and homebuyers in 2024!