How do I Price my Goods & Services?!

What is the role of product or service cost in the conversation about price?  The truth is cost has little or nothing to do with sales price.  The marketplace, that place of competition between buyers and sellers, sets price.  The price you can obtain for your product or service is based on perceived value.  CEOs… Read More

Delaying IRA Contributions Can Be Costly

Make your 2014 investment now, not next April, to boost your nest egg and trim taxes

reposted from The Wall Street Journalby: Jonnelle Marte   It’s a new year. And that means it’s time for investors to do what they could have done last year—but didn’t.   Namely: make contributions to their 2013 individual retirement accounts. Indeed, an analysis of traditional and Roth IRA contributions made by Vanguard Group customers for… Read More

Procrastination Doesn’t Pay

The Little Things Add Up

At any age, saving for retirement is and should be a very high priority.  The concept is easy; start early, save as much as you realistically can, and put your money into a diversified portfolio, is and always has been critical to being prosperous in retirement.  One aspect that is often overlooked is the timing… Read More

5 Keys to Smart Investing

Making decisions about your retirement account can seem overwhelming, especially if you feel unsure about your knowledge of investments.  However, the following basic rules can help you make smarter choices regardless of whether you have some investing experience or are just getting started.    Don’t lose ground to inflation It’s easy to see how inflation… Read More

3 Tips for Creating A Successful Strategic Plan or Map

Imagine you’re somewhere in South America.  It’s swampy, the ground soggy and sloppy, your footing unsure.  The air is thick with moisture, and the heat hangs as heavily on you as a water-soaked comforter.  You’re alone, with just your senses and a few navigational tools.    What’s your next move?  Will you take some time… Read More

How to Become a Savings Junkie in One Simple Step

My mother was born a saver. It is in her DNA. To prove this let me share one of her stories:   “One of my favorite pastimes (when I was a little girl) was counting the change in my piggy bank. I always engaged in the ritual alone in my room. I would lie on… Read More

The Purpose and Power of Clarity

Lessons Learned at Aileron

Last week, I spent 2 days in The Course for Presidents at Aileron. The purpose of the course is to introduce professional management techniques to business owners with revenue between $1 Million and $20 Million.  Be sure to check back for more posts about what I learned during this course.    These 2 days, like… Read More

5 Marketing Metrics Every Business Should Be Tracking

The Science of Art

Last week I attended HubSpot’s 2013 Inbound Conference in Boston, MA. I learned so many things that my head is still spinning, but I think that the biggest takeaway from the week for me was this simple statement (that hit me like a ton of bricks driving back at 1:30am from Dayton), Marketing is the… Read More

Ideal vs. Acceptable

Financial Planning Definitions

At Mackey Advisors™ we do some things a bit differently than the rest of the financial world.  Prospective clients are looking for financial advice they are encouraged not to show up to our office with briefcases bulging with investment statements and tax returns.  Numbers are numbers and too often they bring on feelings of fear… Read More

5 Reasons you Should Love Living on a Budget

Why do we dislike budgeting?   Because it is hard work!   Seriously, budgeting, or planning your income and spending, requires that you look at your life, your priorities and your values.  Good budgeting takes introspection and most of us don’t want to spend a lot of time looking inside ourselves.  But like anything challenging,… Read More