Blog2019-12-04T21:14:24-05:00

When Your Profession Comes Calling

By |Feb­ru­ary 18th, 2021|Cat­e­gories: VIDEOS — Mack­ey Mon­ey Minute|

Dur­ing my career, I have been blessed to serve my pro­fes­sion in many capac­i­ties, local com­mit­tee chair, nation­al finan­cial lit­er­a­cy board mem­ber, pub­lic rela­tions spoke per­son and active mem­ber. A few months ago, I was asked to serve in a new way. To devel­op a series of pod­casts that revealed h…

The New Approach to Retirement Planning: part 3 {PFP Section}

By |Feb­ru­ary 16th, 2021|Cat­e­gories: PODCASTS — Mod­ern Mon­ey with Mack­ey|

Being in the peo­ple busi­ness of per­son­al finan­cial plan­ning often requires shift­ing from an expert with all the answers to a coach who ask ques­tions and lis­tens. In this episode of the PFP Sec­tion pod­cast, Mack­ey McNeill, CPA/PFS, gives you the frame­work she uses for her first meet­ing with her retire­ment clients…

The Head Center — The Dynamics of Money — Using the Enneagram for Conscious Transformation

By |Feb­ru­ary 16th, 2021|Cat­e­gories: PODCASTS — Mod­ern Mon­ey with Mack­ey|Tags: |

Con­tin­u­ing our jour­ney into The Dynam­ics of Mon­ey, this pod­cast explores the head cen­ter, Types 6,7 and 5. If you are a head type, have a boss, spouse or good friend that is a head type, this pod will help you under­stand more about the habit­u­al ways of think­ing, feel­ing and behav­ing with mon­ey that are nat­u­ral­ly present for types 6,7, and 5.

The Heart Center — The Dynamics of Money — Using the Enneagram for Conscious Transformation

By |Feb­ru­ary 16th, 2021|Cat­e­gories: PODCASTS — Mod­ern Mon­ey with Mack­ey|Tags: |

Con­tin­u­ing our jour­ney into The Dynam­ics of Mon­ey, this pod­cast explores the heart cen­ter, Types 3, 2 and 4. If you are a heart type, have a boss, spouse or good friend that is a heart type, this pod will help you under­stand more about the habit­u­al ways of think­ing, feel­ing and behav­ing with mon­ey that are nat­u­ral­ly present for types 3, 2 and 4.

The Body Center — The Dynamics of Money — Using the Enneagram for Conscious Transformation

By |Feb­ru­ary 16th, 2021|Cat­e­gories: PODCASTS — Mod­ern Mon­ey with Mack­ey|Tags: |

Con­tin­u­ing our jour­ney into The Dynam­ics of Mon­ey, this pod­cast explores the body cen­ter, Types 9,8 and 1. If you are a body type, have a boss, spouse or good friend that is a body type, this pod will help you under­stand more about their habits of think­ing, feel­ing and behav­ing with money.

The New Approach to Retirement Planning: part 2 {PFP Section}

By |Jan­u­ary 29th, 2021|Cat­e­gories: PODCASTS — Mod­ern Mon­ey with Mack­ey|

Being in the peo­ple busi­ness of per­son­al finan­cial plan­ning often requires shift­ing from an expert with all the answers to a coach who ask ques­tions and lis­tens. In this episode of the PFP Sec­tion pod­cast, Mack­ey McNeill, CPA/PFS, gives you the frame­work she uses for her first meet­ing with her retire­ment clients…

Take Back Your Time A Business Owner’s Guide to Self Planning

By |Jan­u­ary 29th, 2021|Cat­e­gories: VIDEOS — Pub­lished Events|

As a busi­ness own­er, it’s on you. No mat­ter how com­pe­tent your team is, how loy­al your cus­tomer base is or how fast your mar­ket is grow­ing, the suc­cess of your busi­ness and the pros­per­i­ty of all those that are a part of it lie square­ly on your shoul­ders. That’s why it is essen­tial for you to put …

Grow4Ways Leveraging a Simple System for Breakout Growth

By |Jan­u­ary 18th, 2021|Cat­e­gories: VIDEOS — Pub­lished Events|

Grow4Ways is for any busi­ness own­er want­i­ng to clar­i­fy & refine their growth plan and for lead­er­ship teams look­ing for align­ment on strate­gic growth oppor­tu­ni­ties. Grow4Ways is a sim­ple tool to help you change your mind­set, sort your options for growth, nar­row your focus to the most impact­ful opp…

Is Joy a Choice?

By |Decem­ber 12th, 2020|Cat­e­gories: VIDEOS — Mack­ey Mon­ey Minute|

What if every­thing I con­sid­er “neg­a­tive” is the seed of a gift? What if the uni­verse is wise? What if moments I might ini­tial­ly rebel against are actu­al­ly moments giv­en to me by a benev­o­lent uni­verse to help me become a bet­ter human. One with more patience, per­sis­tence, humil­i­ty, love, or wisdom?

Economic Update — Fall 2020

By |Sep­tem­ber 14th, 2020|Cat­e­gories: Prof­it|Tags: |

busi­ness­es should be see­ing – or soon will be expe­ri­enc­ing – some recov­ery in their oper­a­tions. Hav­ing said that, we do not antic­i­pate a “full” recov­ery until mid-2021. There are numer­ous risks that could derail the recov­ery. Most notably, of course, a sec­ond wave of COVID-19 that caus­es gov­er­nors and oth­er gov­ern­ments to shut down their economies again. 

Limiting Beliefs

By |Sep­tem­ber 9th, 2020|Cat­e­gories: VIDEOS — Mack­ey Mon­ey Minute|

Where are you lim­it­ed? Your mind. It can be the gas in your engine of suc­cess, or it can be the brakes, stop­ping or slow­ing your progress. Your lim­it­ing beliefs show up in con­ver­sa­tion. They show up in your mind chatter.

Should I Take Advantage of the Payroll Tax Deferral Executive Order?

By |Sep­tem­ber 3rd, 2020|Cat­e­gories: Cash Flow, Covid-19|

On August 8, 2020 Pres­i­dent Trump put into action a pay­roll tax relief for employ­ees with tax­able wages that are less than $4,000 dur­ing a bi-week­ly pay peri­od through an exec­u­tive order. Employ­ers are able to defer with­hold­ing, deposit and pay­ment of the Social Secu­ri­ty tax­es on those wages dur­ing the peri­od of Sep­tem­ber 1, 2020 through Decem­ber 31, 2020. This is not an exemp­tion of the tax, but strict­ly a deferment.

How Many Clicks Does It Take?

By |August 28th, 2020|Cat­e­gories: Prof­it|Tags: |

I’m an entre­pre­neur; I love build­ing things. My favorite part of grow­ing a new com­pa­ny is shar­ing ideas about great prod­ucts and ser­vices with poten­tial buyers/customers. My favorite part is mar­ket­ing, par­tic­u­lar­ly when it works […]

Harnessing the Power of Education and Training: Leadership Through Learning

By |July 30th, 2020|Cat­e­gories: Own­er Lifestyle, Prof­it|

I believe the first thing busi­ness own­ers need to under­stand is the dif­fer­ence between train­ing and edu­ca­tion. Train­ing is uti­lized when you are try­ing to increase the uni­for­mi­ty, effi­cien­cy and repeat­able qual­i­ty of your prod­uct or ser­vice. Edu­ca­tion is uti­lized to increase the auton­o­my of your employ­ees to reduce the need for heavy hand­ed man­age­ment, nim­ble response, and increased customer/client satisfaction.

Is Hyperfocus Ruining Your Creativity?

By |July 23rd, 2020|Cat­e­gories: Own­er Lifestyle|

When you think of your busi­ness life, do you feel like you are on a steel bridge or a swing­ing one? Or some­where in between? If you don’t feel com­plete­ly con­fi­dent in your busi­ness struc­ture you are doing your­self and your busi­ness a dis­ser­vice. When you have to hyper­fo­cus on where your metaphor­i­cal hands & feet are or which way the wind might blow you are using all of your big beau­ti­ful brain pow­er to not die (again, metaphor­i­cal­ly). And that’s no way for a busi­ness own­er to operate. 

Are You in the Womb or the Tomb?

By |July 21st, 2020|Cat­e­gories: Own­er Lifestyle|

It’s a scary time. The nov­el coro­n­avirus.  The gov­ern­ment ordered shut down of schools and busi­ness­es. Mas­sive unem­ploy­ment. Social unrest. Remote every­thing. Change is in the air. It’s not the kind of change that is hap­pen­ing to some­one else, it is per­son­al, shift­ing your dai­ly life in numer­ous ways. Change cre­ates uncer­tain­ty. It can feel like the ground beneath your feet is mov­ing. Where to you go to find cer­tain­ty? Sta­bil­i­ty? Peace? Inside.

An Entrepreneur’s Largeness

By |July 14th, 2020|Cat­e­gories: Lega­cy|Tags: , , , , , |

Best­selling author, Sue Monk Kidd said in a recent inter­view with Brene Brown on her pod­cast, Unlock­ing Us, “Every per­son has their own par­tic­u­lar genius, that is their large­ness, that is unique to them. Bring­ing it forth is a life’s work… It’s fright­en­ing to think of hav­ing this part of our­selves, this mag­ni­tude, this pas­sion in our­selves… Bring­ing forth your large­ness is a gift to the world.”

What I Now Know to be True: Reflections on being a CARES Act Advisor

By |June 26th, 2020|Cat­e­gories: Lega­cy|

I became the team’s CARES Act expert and began work with small busi­ness­es (whether they were clients or not) to help nav­i­gate the PPP and EIDL loan land­scapes.   In the days, weeks and months that fol­lowed I began to encounter over and over again the true spir­it of the Nation’s entre­pre­neur­ial community. 

Seeing the Bigger Picture: How One Entrepreneur Transitioned His Business

By |June 26th, 2020|Cat­e­gories: Lega­cy|

As the busi­ness grows, expe­ri­ences ups and downs, and presents what seem like a nev­er-end­ing series of demands, the own­er may feel like their busi­ness owns them, not the oth­er way around.    Below is the sto­ry of my jour­ney from busy entre­pre­neur to retired and how I was able to plan and accom­plish the transition. 

Currant Leaves & Other Joyful Things

By |June 17th, 2020|Cat­e­gories: Own­er Lifestyle|Tags: , , , |

It is tempt­ing to bow to the mind chat­ter that fills my head as soon as I awake. To make my first task, my to do list.  But I did not go into busi­ness to be a slave to it. I start­ed my busi­ness to serve my pas­sion for help­ing busi­ness own­ers, while at the same time giv­ing myself the gift of cre­at­ing the life of my dreams.  Dreams of joy and morn­ing strolls.

The Mackey Money Minute — 3 Rs to Recovery — Revenue Resilience

By |June 11th, 2020|Cat­e­gories: VIDEOS — Mack­ey Mon­ey Minute|

“The best time to plant a tree is 20 years ago. The next best time is right now.” Resilience is the abil­i­ty of a sub­stance or object to return to its orig­i­nal shape after being bent, stretched, or pressed. Rev­enue resilience is the abil­i­ty of your rev­enue stream to recov­er after an unex­pect­ed eco­nom­ic event. Resilience gives you the capac­i­ty to sur­vive unex­pect­ed events, so you can thrive when the recov­ery comes.

The Mackey Money Minute — 3 Rs to Recovery — Revenue Friction

By |June 9th, 2020|Cat­e­gories: VIDEOS — Mack­ey Mon­ey Minute|

Fric­tion is any­thing that makes it hard­er for some­one to buy from you. As you recov­er rev­enue, how can you reduce fric­tion in your sales, mar­ket­ing and pro­duc­tion process­es? Think Ama­zon one click. Find what you want, one click and it arrives at your door. How can you embrace tech­nol­o­gy to make it eas­i­er than ever for clients and cus­tomers to buy what they need, from you? Exam­ples of sim­ple new tech­nol­o­gy tools that reduce fric­tion are pro­pos­al soft­ware that gives instant and con­sis­tent feed­back, cal­en­dar soft­ware mak­ing appoint­ments eas­i­er to set up, auto billing soft­ware, con­tent shar­ing and man­age­ment tools, sales engage­ment, and of course, com­mu­ni­ca­tion and con­fer­enc­ing soft­ware. Begin look­ing for places to reduce fric­tion by map­ping your process from mar­ket­ing to sales, to pro­duc­tion. Deter­mine the cur­rent cost and time in each buck­et. What is your 80/20 here? What 20% of your mar­ket­ing, sales and pro­duc­tion process is drag­ging 80% of your cost and increas­ing time and fric­tion? Begin here as these are your most sig­nif­i­cant drags on prof­its. Gath­er a cross func­tion­al team and begin to deploy new ideas and tech­nol­o­gy. Keep ask­ing, what makes it eas­i­er and faster for clients and cus­tomers to work with us? Right now, change is eas­i­er. With social dis­tanc­ing and busi­ness clo­sures, everyone’s life has been impact­ed in some way. Change is no longer slow, it is fast, and con­stant. Your clients and cus­tomers are expect­ing change. And they are more will­ing to for­give you if things don’t go well the first time out of the box with a new change. For retail­ers, most bars, restau­rants and enter­tain­ment venues, the jour­ney from a customer’s home to your loca­tion is fric­tion. If this is you, health and safe­ty may be your biggest chal­lenge in reduc­ing fric­tion. Over com­mu­ni­cate and make your safe­ty process front and cen­ter to the client expe­ri­ence. Spend a few min­utes right now to cap­ture your first thoughts on areas of fric­tion in your process. Who are the best team mem­bers to gath­er for your cross func­tion­al team? Make notes now while things are on your mind. Set a time line for get­ting start­ed. Join us next for a look at Resilient Rev­enue. Mackey

Create Efficiency to Create More Time

By |June 5th, 2020|Cat­e­gories: Cash Flow|Tags: , , , |

There are things that we must do in life to get ahead per­son­al­ly and pro­fes­sion­al­ly.  Not all things are fun and easy.  We just need to put on our big girl/boy pants and get them done.  Maybe we should not do them with a lazy atti­tude, but we can make sure that we are doing them in the most effi­cient man­ner.  Here are 5 sim­ple changes to make that will help you get things com­plet­ed more efficiently.

The Mackey Money Minute — The 3 Rs to Recovery — Revenue Passion

By |June 4th, 2020|Cat­e­gories: VIDEOS — Mack­ey Mon­ey Minute|

Recov­er­ing rev­enue runs the spec­trum from regain­ing your cus­tomers trust in terms of health and safe­ty so they feel safe con­tin­u­ing to do busi­ness with you, to com­plete­ly rein­vent­ing rev­enue as you now know it today. The old idea, “this is the way we do it here,” must go. Along the way, attempt to redis­cov­er your passion

The Mackey Money Minute — The 3 R’s to Recovery Introduction

By |June 2nd, 2020|Cat­e­gories: VIDEOS — Mack­ey Mon­ey Minute|Tags: |

The 2020’s were already shap­ing up to be the most dis­rup­tive decade in our his­to­ry. Accel­er­at­ing tech­nol­o­gy, increas­ing impacts from cli­mate change, gen­er­a­tional wealth trans­fer on a mas­sive scale, as well as a glob­al lead­er­ship vac­u­um, were set­ting the stage for an accel­er­at­ing pace of change… before the nov­el coro­n­avirus came into our lives.  With COVID, it’s like we all board­ed the Star­ship Enter­prise, just as it was mov­ing into warp speed.

Why Your Top Line isn’t Your Most Important Number

By |May 29th, 2020|Cat­e­gories: Prof­it|Tags: , , |

If you have ever played or watched golf, then you are prob­a­bly famil­iar with the phrase “dri­ve for show and putt for dough.” The idea here is, your dri­ve can be a great and an impres­sive shot, but you don’t win tour­na­ments and make mon­ey (dough) if you’re not putting well. I think this same con­cept applies to the way busi­ness own­ers think of their top line revenue.

Are you the Fuel, Engine or Engineer?

By |May 22nd, 2020|Cat­e­gories: Own­er Lifestyle|

Sim­ply put, an engine is a machine for con­vert­ing ener­gy (fuel) into motion. And an engi­neer is a per­son who designs, oper­ates and over­sees an engine. Most busi­ness own­ers start out expect to be all three: fuel, engine & engi­neer for their start­up. We boot­strap, use sweat equi­ty, and “build the plane as we fly it” all in the hopes that lit­tle by lit­tle we find oth­er sources of fuel to cre­ate motion with­in our busi­ness and build a stur­dy engine to gen­er­ate the prof­it & lifestyle we envi­sion. We start gen­er­at­ing cash, hir­ing a team, sourc­ing ven­dors, cre­at­ing struc­ture, invest­ing in cap­i­tal, etc.

Covid-19 Cash Flow FAQ

By |May 11th, 2020|Cat­e­gories: Cash Flow, Covid-19|

Covid-19 Cash Flow FAQ     Q: What is your num­ber one tip to improve cash flow?   A: There are many things that you can ana­lyze on your bal­ance sheet from accounts receiv­able and inventory […]

PPP & EIDL Loan Update 5/1

By |May 1st, 2020|Cat­e­gories: Covid-19|

COVID-19 Dai­ly Com­mu­ni­ca­tions Infor­ma­tion accu­rate as of 05/1/20 PPP & EIDL Updates:   It was con­firmed Thurs­day by the Trea­sury and Small Busi­ness Admin­is­tra­tion that on Wednes­day agen­cies tem­porar­i­ly shut out big banks from the […]

Covid-19 Daily Communications 04/24/2020

By |April 24th, 2020|Cat­e­gories: Covid-19|

COVID-19 Dai­ly Com­mu­ni­ca­tions 04/24/20 High­lights: The Sen­ate and the House have passed the $320 bil­lion sec­ond round of Pay­check Pro­tec­tion Pro­gram (PPP) stim­u­lus relief dol­lars as of Thurs­day. A Pres­i­den­tial sig­na­ture is expect­ed as early […]

Congress Reaches Deal on $450 Billion Package

By |April 21st, 2020|Cat­e­gories: Covid-19|

COVID-19 Dai­ly Com­mu­ni­ca­tions Infor­ma­tion accu­rate as of 04/21/20 High­lights: PPP & EIDL Loan Update Con­gress appears to of passed a new $450 bil­lion stim­u­lus deal–with anoth­er $370 bil­lion ear­marked for pop­u­lar small busi­ness fund­ing pro­grams.  The […]

By |April 21st, 2020|Cat­e­gories: Busi­ness Wise|

The Pros­per­i­ty Play­book is avail­able now on Ama­zon! Build a plan for the future of your busi­ness! Turn­ing a fam­i­ly-owned busi­ness over to the next gen­er­a­tion is the biggest finan­cial trans­ac­tion a busi­ness own­er will ever make […]

COVID-19 Daily Communications 04/14/20

By |April 14th, 2020|Cat­e­gories: Covid-19|

COVID-19 Dai­ly Com­mu­ni­ca­tions Infor­ma­tion accu­rate as of 04/14/20 High­lights: SBA Eco­nom­ic Injury and Pay­check Pro­tec­tion Loan Pro­gram Updates High demand for Eco­nom­ic Injury Dis­as­ter Loans (EIDL) has led to impor­tant changes lim­it­ing the size of […]

Need Loan Application Help?

By |April 7th, 2020|Cat­e­gories: Covid-19|

The Pay­check Pay­ment Pro­tec­tion pro­gram appli­ca­tion win­dow is now open! While many appli­cants are hav­ing suc­cess with the process there have been chal­lenges to some, for instance, Wells Far­go has stopped tak­ing appli­ca­tions. If you’re […]

Cash Flow Tools

By |April 6th, 2020|Cat­e­gories: Busi­ness Wise, Covid-19|

If you are like many of the busi­ness own­ers that we work with, you are scroung­ing togeth­er how to main­tain as much busi­ness as pos­si­ble dur­ing these tough eco­nom­ic times and try­ing to keep up […]

Which Road To Take?

By |April 6th, 2020|Cat­e­gories: Covid-19|

With so many pos­si­bil­i­ties, it is hard to deter­mine which Covid-19 Stim­u­lus option is right for you. Answer the ques­tions above to start think­ing through which next step to take. To access the links and […]

Cares Act & Paycheck Protection Program

By |March 30th, 2020|Cat­e­gories: Covid-19|

(Infor­ma­tion accu­rate as of 03/30/20) High­lights: The Coro­n­avirus Aid, Relief, and Eco­nom­ic Secu­ri­ty Act (“CARES Act”), signed into law on Fri­day March 27, 2020, intro­duces the Pay­check Pro­tec­tion Pro­gram (the “PPP”) with $349 bil­lion in fund­ing and […]

Senate Passes $2 Trillion “CARES” Act

By |March 25th, 2020|Cat­e­gories: Covid-19|

COVID-19 Dai­ly Com­mu­ni­ca­tions (Accu­rate infor­ma­tion as of 03/25/20) High­lights: Sen­ate pass­es $2 tril­lion Coro­n­avirus Aid, Relief and Eco­nom­ic Secu­ri­ty (“CARES”) Act. In the ear­ly morn­ing hours.  Wednes­day the Sen­ate pass­es the most sweep­ing stim­u­lus package […]

COVID-19 Daily Communications 3/23

By |March 23rd, 2020|Cat­e­gories: Covid-19|

(Infor­ma­tion Accu­rate as of March 23rd 2020) High­lights: Sen­ate fails to pass $2 tril­lion Coro­n­avirus Aid, Relief and Eco­nom­ic Secu­ri­ty (“CARES”) Act, stalling the enor­mous mea­sure for the sec­ond day. The bill failed 49–46 just […]

Families First Coronavirus Response Act

By |March 18th, 2020|Cat­e­gories: Covid-19|

Fam­i­lies First Coro­n­avirus Response Act Comm 2020.03.18 (Infor­ma­tion accu­rate as of March 18th, 2020) It is our hope at MACKEY to con­tin­ue bring­ing val­ue-added con­ver­sa­tions to our clients and prospects as it relates to an […]

Business Owner 911 Response

By |March 18th, 2020|Cat­e­gories: Covid-19|

Busi­ness own­er 911 response to COVID-19 Below is a list of response busi­ness own­ers can take to weath­er the cur­rent eco­nom­ic sys­tem. Cash. Cash. Cash. Know where you are and if you don’t fore­cast cash, […]

We are all in this together

By |March 13th, 2020|Cat­e­gories: Covid-19, On Our Minds|

(This infor­ma­tion is accu­rate as of March 13th 2020.) Just when we think the world can’t move any faster, it does. Like many of you, my thoughts and actions around the coro­n­avirus (COVID-19) have changed […]

We are now on 100% renewable energy!

By |March 11th, 2020|Cat­e­gories: Own­er Lifestyle|

In an effort to tru­ly mod­el the need for a more sus­tain­able oper­a­tion, we will begin the tran­si­tion this week to 100% renew­able ener­gy with the instal­la­tion of a solar pan­el sys­tem on the roof of our Belle­vue Ken­tucky office.

What’s Your Make or Break?

By |Feb­ru­ary 25th, 2020|Cat­e­gories: Busi­ness Wise|

What could make you? What could break you? Nei­ther should be a straw on the camels back. A company’s Make-or-Break is the one thing your com­pa­ny must do excep­tion­al­ly well in order to achieve its […]

Open Book Management in 3 Easy Steps

By |Feb­ru­ary 12th, 2020|Cat­e­gories: Busi­ness Wise|

A 2016 Robert Half report found that 25% of pri­vate­ly held com­pa­nies share all their finan­cial infor­ma­tion with their employ­ees, an increase in 18% from just four years prior.[1] This trend demon­strates that finan­cial transparency […]

Choosing the Greater of Two Goods

By |Jan­u­ary 29th, 2020|Cat­e­gories: Busi­ness Wise|

Last year, I was help­ing Colleen, a new client, explore her company’s expan­sion into the craft brew­ery busi­ness. She had two loca­tion options, both of which were very lucra­tive. One was a dock from an […]

2019 Economic Review

By |Jan­u­ary 16th, 2020|Cat­e­gories: Busi­ness Wise|

Even with slow­ing eco­nom­ic growth, 2019 proved to be a ban­ner year for both stocks and bonds.  Favor­able pol­i­cy devel­op­ments occurred that helped buffer the glob­al man­u­fac­tur­ing reces­sion sparked by the trade war.  Key takeaways […]

Tax Checklist

By |Jan­u­ary 8th, 2020|Cat­e­gories: Busi­ness Wise|

It’s everyone’s favorite time of year again. No, I know the hol­i­day sea­son is over. I am talk­ing about tax sea­son. Alright, I know it’s not real­ly your favorite time of year.  How­ev­er, hope­ful­ly we can […]

Spiced Bean and Sausage Soup

By |Jan­u­ary 7th, 2020|Cat­e­gories: Cre­ative|

A pros­per­ous win­ter sup­per Noth­ing fits more per­fect­ly into a cold win­ter evening than a bowl of hearty soup. This one will warm your insides and put a smile on your face. Because it is simple […]

Want 2020 to Really Be Different?

By |Jan­u­ary 1st, 2020|Cat­e­gories: Cre­ative|

  I don’t make New Year’s res­o­lu­tions, but I do take this qui­et time at the end of the year to reflect and acknowl­edge all the learn­ing, growth and stum­bles of the past year. 2019 has been […]

End of 2019 Projection

By |Decem­ber 10th, 2019|Cat­e­gories: Uncat­e­go­rized|

What might 2020 hold for glob­al finan­cial mar­kets?  Broad­ly, more of the same … Volatil­i­ty.   The past year has expe­ri­enced sig­nif­i­cant insta­bil­i­ty for the finan­cial mar­kets.  Decem­ber 2018 saw stocks sell off sig­nif­i­cant­ly only to rebound […]

Ginger Pumpkin Scones

By |Decem­ber 10th, 2019|Cat­e­gories: Cre­ative|

Gin­ger Pump­kin Scones A pros­per­ous hol­i­day break­fast For me, food, real­ly good food, is an essen­tial part of my pros­per­i­ty.  I love to cook and this blog post con­tains one of my favorite win­ter recipes, Pumpkin […]

Do You Listen or Just Hear?

By |April 25th, 2019|Cat­e­gories: Busi­ness Wise|Tags: , , , , |

Have you ever had a con­ver­sa­tion with some­one and thought, “are they real­ly lis­ten­ing to me or are they just nod­ding their head in agree­ment?”  It is also frus­trat­ing to have some­one lend a response […]

Why Every Business Owner Needs a Doula

By |April 3rd, 2019|Cat­e­gories: Busi­ness Wise|Tags: , , , , |

Mer­ri­am-Web­ster Online defines a doula as a per­son trained to pro­vide advice, infor­ma­tion, emo­tion­al sup­port & phys­i­cal com­fort to a moth­er before, dur­ing and just after child­birth. When I was preg­nant with my daugh­ter in 2015, […]

Discussions & Decisions When Adding a Partner or Shareholder

By |Feb­ru­ary 26th, 2019|Cat­e­gories: Busi­ness Wise|Tags: , , , , |

Adding a part­ner or share­hold­er is not sim­ple.  As with any agree­ment involv­ing mon­ey, spend­ing the time hav­ing dif­fi­cult con­ver­sa­tions up front is well worth your time and ener­gy.  A clear agree­ment avoids unnec­es­sary conflicts […]

The Power of Asking a Stupid Question

By |Jan­u­ary 15th, 2019|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

When you were young, your teacher said, “there are no stu­pid ques­tions.”  You believed her once. Raised your hand and asked a ques­tion. Then at recess your class­mates teased you unmer­ci­ful­ly.  You made up your […]

You’ve Got a Budget…Now What?!

By |Decem­ber 26th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

As we enter the home stretch of 2018, most small busi­ness­es have already begun and final­ized the process of putting togeth­er their bud­get for 2019. Time for reflec­tion is over and most orga­ni­za­tions are looking […]

Light a Fire Under 2019 | 6 Simple Steps

By |Decem­ber 20th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

Whether you’ve knocked 2018 out of the ball park or you are tired of being dis­ap­point­ed at year end. If you want to make 2019 bet­ter, this arti­cle is for you. The biggest oppor­tu­ni­ty entrepreneurs […]

3rd Quarter Economic Update | November 2018

By |Novem­ber 15th, 2018|Cat­e­gories: On Our Minds|Tags: , , , , , |

It can’t get a whole lot bet­ter in the U.S. job mar­ket (or can it?).  The employ­ment sit­u­a­tion con­tin­ues blast through expec­ta­tions.  The num­ber of Amer­i­cans los­ing their jobs and apply­ing for unem­ploy­ment ben­e­fits each […]

Ask Mackey Episode 10 | 2018

By |Octo­ber 9th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

Here at Mack­ey Advi­sors we have a “4 ways to grow your busi­ness” tool.  In a recent client coach­ing ses­sion, while using this tool, we arrived at 52 dif­fer­ent strate­gies to grow the busi­ness.  After con­sid­er­ing the […]

The 4 Ways To Grow Your Business

By |Octo­ber 4th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

Here at Mack­ey Advi­sors we have a “4 ways to grow your busi­ness” tool.  In a recent client coach­ing ses­sion, while using this tool, we arrived at 52 dif­fer­ent strate­gies to grow the busi­ness. After […]

Ask Mackey Episode 9 | 2018

By |Sep­tem­ber 12th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

Most busi­ness own­ers are lousy at finance.  The bru­tal fact is finance isn’t your first love.  You just want it to work and not scare the heck out of you.  The good news is, you […]

8 Steps to a Stronger Financial Foundation

By |Sep­tem­ber 5th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

Most busi­ness own­ers are lousy at finance.  The bru­tal fact is finance isn’t your first love.  You just want it to work and not scare the heck out of you.  The good news is, you […]

3 Tips for Creating a Fun and Effective Team Outing

By |August 8th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

A great team is key to a high per­form­ing com­pa­ny.  Invest­ment in your team, with great coach­ing, train­ing and feed­back is essen­tial. Bri­an Scu­d­amore, in this Forbes arti­cle, puts forth the idea that team building […]

Benefits of Proper Inventory Management

By |July 25th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , |

For some busi­ness­es, inven­to­ry can be one of their largest assets and/or their largest expense.  Poor inven­to­ry man­age­ment can make or break a bot­tom line.  Below are some ben­e­fits of prop­er inven­to­ry man­age­ment: Improves cash […]

The Tariff Tiff and History Repeating Itself

By |July 19th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

“His­to­ry doesn’t repeat itself, but it often rhymes.” – Mark Twain Finan­cial crises have hit the glob­al mar­kets on a reg­u­lar basis through­out his­to­ry.  And it appears finan­cial crises will con­tin­ue to pop up at […]

Don’t Shoot the Messenger, Two Tales of Financial Sorrow

By |July 5th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

“When you argue with real­i­ty, you lose, but only 100% of the time.” – Byron Katie Opti­mism and finan­cial data are both dou­ble edge swords.  Too much of either is a slip­pery slope. Exces­sive focus […]

The Wonderful World of Sales Commissions

By |June 26th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

Con­grat­u­la­tions, you have done it!!! Your busi­ness is tak­ing off, and the demands on your time have tak­en you to the point where you no longer have the capac­i­ty to man­age all aspects of your […]

Ask Mackey Episode 6 | 2018

By |June 14th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , , |

Opti­mism is essen­tial for an entre­pre­neur.  Your abil­i­ty to see pos­si­bil­i­ty pro­pels you into busi­ness. In tough times, it is what keeps you in the game. As an opti­mist your atten­tion is on tomor­row, on […]

Optimism & Data

By |June 6th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , , , |

“When you argue with real­i­ty, you lose, but only 100% of the time.” — Byron Katie Opti­mism is essen­tial for an entre­pre­neur.  Your abil­i­ty to see pos­si­bil­i­ty pro­pels you into busi­ness. In tough times, it […]

1st Quarter Economic Update | May 2018

By |May 18th, 2018|Cat­e­gories: On Our Minds|Tags: , , , , |

Our eco­nom­ic indi­ca­tors con­tin­ue to run pos­i­tive for the first quar­ter of 2018.  Con­sumer spend­ing, busi­ness invest­ments and res­i­den­tial fixed invest­ments rose at a 4.6% annu­al rate.  Gross Domes­tic Prod­uct (GDP), a broad mea­sure of […]

Holding Yourself Accountable

By |April 4th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , , |

It is easy to talk about account­abil­i­ty and respon­si­bil­i­ty when it relates to oth­ers.  When you turn the mir­ror on your­self, it can be painful. Our cul­tur­al norms are to look out­side of our­selves.  For […]

What’s The Value?

By |March 27th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

We are a soci­ety obsessed with find­ing a “good deal”, which is why cus­tomers today place such a heavy empha­sis on pric­ing. This leaves the busi­ness own­er with plen­ty of ques­tions: What should I charge? […]

Ask Mackey Episode 3 | 2018

By |March 15th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

At Mack­ey Advi­sors we have been on a path of learn­ing how to see our ser­vices through the eyes of our clients. This 180-degree change in per­spec­tive seems like a sim­ple shift to dis­sect, however, […]

Cash Is King!!

By |Feb­ru­ary 22nd, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , , |

“Cash is King” is an expres­sion that is wide­ly used in ana­lyz­ing busi­ness­es.  Why is it some­thing that you, as a busi­ness own­er, need to man­age?  Well, with­out cash you could not do the things […]

Ask Mackey Episode 2 | 2018

By |Feb­ru­ary 19th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

Do you want to meet or exceed your com­pa­ny goals?  Then you have got to Get Rhythm! John­ny Cash sang about rhythm in his famous song, Get Rhythm.  It starts out, “Get Rhythm when you get […]

4th Quarter Economic Update | January 2018

By |Feb­ru­ary 15th, 2018|Cat­e­gories: On Our Minds|Tags: , , , , |

Once again, the eco­nom­ic met­rics we fol­low indi­cate growth is strong around the world.   The ultra-loose mon­e­tary poli­cies that were imple­ment­ed due to the finan­cial crises a decade ago have led to an expand­ing global […]

Get Rhythm? Why Rhythm is as Important as Accuracy in Your Financial Reporting

By |Feb­ru­ary 7th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , , |

Do you want to meet or exceed your com­pa­ny goals?  Then you have got to Get Rhythm! John­ny Cash sang about rhythm in his famous song, Get Rhythm.  It starts out, “Get Rhythm when you […]

It’s About More Than Taxes

By |Jan­u­ary 24th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , , |

It is offi­cial­ly everyone’s favorite sea­son of the year. No, I am not refer­ring to one of the tra­di­tion­al four sea­sons; I am, of course, refer­ring to tax sea­son. It seems that every time tax […]

Ask Mackey Episode 1 | 2018

By |Jan­u­ary 9th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , , |

The New Year is a nat­ur­al time for reflec­tion and goal set­ting.  Per­haps 2017 was so excit­ing you raised the bar on what you now believe is pos­si­ble.  Or per­haps 2017 was filled with […]

Ready to Kick A$$ in 2018? Here’s How in 3 Steps

By |Jan­u­ary 4th, 2018|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

The New Year is a nat­ur­al time for reflec­tion and goal set­ting.  Per­haps 2017 was so excit­ing you raised the bar on what you now believe is pos­si­ble.  Or per­haps 2017 was filled with challenges […]

What is a Statement of Cash Flows?

By |Decem­ber 28th, 2017|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

There are three finan­cial state­ments that pro­vide a pic­ture of the finan­cial health of your busi­ness: The Bal­ance Sheet shows what the busi­ness has and what the busi­ness owes, along with its net worth The […]

Client Spotlight | Marty Grunder!, Inc.

By |Decem­ber 26th, 2017|Cat­e­gories: On Our Minds|Tags: , , , , |

Mar­ty Grun­der dis­cov­ered his entre­pre­neur­ial spir­it when he was a teenag­er with a used lawn mow­er look­ing for a way to put him­self through col­lege. Through deter­mi­na­tion and hard work, he grew that ini­tial $25 […]

Happy Holidays to Everyone!

By |Decem­ber 20th, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , , |

Sal­ly — “If it seems too com­pli­cat­ed, make it easy on your­self – just send mon­ey. How about tens and twen­ties?”  My how the times have changed!  This quote from “A Char­lie Brown Christ­mas” is […]

Matt’s Monthly Money Must Do’s | January 2018

By |Decem­ber 15th, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , , |

Jan­u­ary is often the cold­est month of the year in the North­ern Hemi­sphere.  In fact, in Jan­u­ary 2017 there was a Euro­pean cold wave that hit a lot of East­ern and Cen­tral Europe.  Greece was […]

What Will You Pay for Medicare in 2018?

By |Decem­ber 1st, 2017|Cat­e­gories: On Our Minds|Tags: , , , , |

The Cen­ters for Medicare & Med­ic­aid Ser­vices (CMS) has announced that the stan­dard month­ly Part B pre­mi­um in 2018 will remain $134 (or high­er, depend­ing on your income). In 2017, most Medicare ben­e­fi­cia­ries who received […]

What’s Holding You Back?

By |Novem­ber 29th, 2017|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

Dur­ing a recent review of a prospec­tive client’s results, he men­tioned how dis­ap­point­ed he was in his out­comes.  Sev­er­al years ago, he was on track to accom­plish his goals, yet as we spoke, he wondered […]

Matt’s Monthly Money Must Do’s | December 2017

By |Novem­ber 21st, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , , |

Do you ever feel “-meh” about the hol­i­days?  Some peo­ple love them too much!  They will put their dec­o­ra­tions up too ear­ly and keep them up too long.  Oth­ers, well, they just despise the holidays […]

Proposed Tax Reform Legislation

By |Novem­ber 21st, 2017|Cat­e­gories: On Our Minds|Tags: , , , |

On Novem­ber 2, 2017, House Repub­li­cans released their com­pre­hen­sive tax reform plan, the Tax Cuts and Jobs Act. Then, on Novem­ber 9, 2017, Sen­ate Repub­li­cans released their own plan. The two plans have much in […]

3rd Quarter Economic Update | October 2017

By |Novem­ber 16th, 2017|Cat­e­gories: On Our Minds|Tags: , , , , |

Eco­nom­ic growth is strong around the world.  The num­ber of coun­tries with economies that are in a reces­sion are at near all-time lows.  The ultra-loose mon­e­tary poli­cies that were imple­ment­ed due to the finan­cial crises […]

Client Spotlight | Oregon Tilth, Inc.

By |Octo­ber 24th, 2017|Cat­e­gories: On Our Minds|Tags: , , , , , , |

Ore­gon Tilth is a non­prof­it orga­ni­za­tion and lead­ing cer­ti­fi­er, edu­ca­tor & advo­cate for organ­ic agri­cul­ture since 1974. Our mis­sion to make our food sys­tem and agri­cul­ture bio­log­i­cal­ly sound and social­ly equi­table requires us to find practical […]

Matt’s Monthly Money Must Do’s | November 2017

By |Octo­ber 19th, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , , |

Novem­ber is a big birth­day month in my fam­i­ly.  My two sis­ters and father have birth­days in Novem­ber.  So not only do I have to wor­ry about their birth­day gifts, but I also must start […]

Simple & Actionable Year-End Tax Tips

By |Octo­ber 18th, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , |

At Mack­ey Advi­sors we are all about tak­ing sim­ple steps to max­i­mize your finan­cial well-being.  Each year some of the most ben­e­fi­cial steps often go unno­ticed.  While fil­ing tax­es each Spring is impor­tant, plan­ning for […]

Ask Mackey Episode 10 | 2017

By |Octo­ber 12th, 2017|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

When I speak with fel­low busi­ness own­ers this time of year, they often talk to me about how they are either land­ing or miss­ing their cur­rent annu­al goals. I love those con­ver­sa­tions, but for me […]

Medicare Open Enrollment Begins October 15

By |Sep­tem­ber 29th, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , |

What is the Medicare open enroll­ment peri­od? The Medicare open enroll­ment peri­od is the time dur­ing which peo­ple with Medicare can make new choic­es and pick plans that work best for them. Each year, Medicare […]

Negative Interest Rate Policy (NIRP) — The Great Experiment | 2017 Update

By |Sep­tem­ber 19th, 2017|Cat­e­gories: On Our Minds|Tags: , , , |

Back in July 2016, I penned a blog that dis­cussed the nov­el, and poten­tial­ly dan­ger­ous, way sev­er­al world economies tried to stim­u­late their nation’s economies by forc­ing neg­a­tive inter­est rates. To date, sev­en for­eign central […]

The Equifax Data Breach

By |Sep­tem­ber 14th, 2017|Cat­e­gories: On Our Minds|Tags: , , , , , |

On Sep­tem­ber 7, 2017, Equifax, one of the three main cred­it report­ing agen­cies, announced a mas­sive data secu­ri­ty breach that exposed vital per­son­al iden­ti­fi­ca­tion data — includ­ing names, address­es, birth dates, and Social Secu­ri­ty numbers […]

5 Power Keys to Scorecarding

By |Sep­tem­ber 11th, 2017|Cat­e­gories: Busi­ness Wise|Tags: , , , , , , |

Good data begins in your book­keep­ing and account­ing depart­ment.  If it also ends there, you have wast­ed one of the most valu­able tools in your tool box.  The pow­er in your data is with your […]

Remedies for Anxiety Surrounding Your Business

By |August 30th, 2017|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

“Anx­i­ety is caused by a lack of con­trol, orga­ni­za­tion, prepa­ra­tion & action.” — David Kekich The above quote was post­ed to Mack­ey Advi­sors Face­book page recent­ly.  As I read this, I was sur­prised as to […]

2nd Quarter Economic Update | August 2017

By |August 22nd, 2017|Cat­e­gories: On Our Minds|Tags: , , , , |

U.S. eco­nom­ic reports improved quar­ter-over-quar­ter.  U.S. busi­ness­es appear to have emerged from a mul­ti-year earn­ings slump, with the Q1/Q2 S&P 500 sales and prof­its show­ing year-on-year growth for the first time since late 2014. GDP […]

Matt’s Monthly Money Must Do’s | September 2017

By |August 18th, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , , , |

The Romans were lazy.  That’s right, I said it: “Lazy”.  The typ­i­cal response would be that, along with build­ing an empire, Romans built high­ways, aque­ducts, col­i­se­ums, etc.  Many of those basic designs are used today, […]

8 Paths to a Prosperous Mindset

By |August 17th, 2017|Cat­e­gories: Busi­ness Wise|Tags: , , , , |

Account­ing and finance is all about the num­bers.  Or is it? Get­ting the right data to the right peo­ple at the right time is crit­i­cal to mak­ing informed, impact­ful deci­sions in your com­pa­ny.  This is […]

8 Paths to Expanding Your Prosperity Mindset

By |August 3rd, 2017|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

Account­ing and finance is all about the num­bers.  Or is it? Get­ting the right data to the right peo­ple at the right time is crit­i­cal to mak­ing informed, impact­ful deci­sions in your com­pa­ny.  This is […]

Social Security and Medicare Trustees Reports: Financial Challenges Continue

By |July 27th, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , , , |

Every year, the Trustees of the Social Secu­ri­ty  and Medicare Trust Funds release reports to Con­gress on the cur­rent finan­cial con­di­tion and pro­ject­ed finan­cial out­look of these pro­grams. The newest reports, released on July 13, […]

Matt’s Monthly Money Must Do’s | August 2017

By |July 11th, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , , |

I was born in August some years ago.  Rather than just cel­e­brate a day or week, I cel­e­brate my whole birth month.  Grant­ed, the cel­e­bra­tion has changed dras­ti­cal­ly from when I was knee high to […]

Client Spotlight | Krombholz Jewelers

By |June 27th, 2017|Cat­e­gories: On Our Minds|Tags: , , , , , |

For over 75 years, Kromb­holz Jew­el­ers has been the pre­mier jew­el­er in Cincin­nati. Now in it’s fourth gen­er­a­tion of fam­i­ly own­er­ship, Kromb­holz spe­cial­izes in bespoke fine jew­el­ry, vin­tage jew­el­ry and help­ing indi­vid­u­als re-pur­pose or consign […]

Your Ever Changing Future Is No Place For A “Rule Of Thumb”

By |June 23rd, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , , , |

Do you go to a doc­tor when you get sick?  Of course!  Do you take your car to the mechan­ic?  You bet!  This makes it inter­est­ing why so many peo­ple choose to act as their […]

Matt’s Monthly Money Must Do’s | July 2017

By |June 13th, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , , |

July is usu­al­ly hot, stormy, and always unbe­liev­ably busy, so I can under­stand your finan­cial to-do list usu­al­ly takes a back seat.  I, how­ev­er, think you can eas­i­ly accom­plish one of these tasks in less […]

6 Financial Tasks Every Business Owner Should Give Up

By |May 4th, 2017|Cat­e­gories: Busi­ness Wise|Tags: , , , , |

You’ve got the dri­ve.  You have the moti­va­tion.  You will do any­thing to suc­ceed.  No task ever stands in your way, but per­haps it should.  The very tal­ents that allow you to be a business […]

Guiding Principles for Changing Markets

By |April 19th, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , , |

“What is your inten­tion?”  It’s a big ques­tion, and one that leads near­ly every aspect of your life – includ­ing the parts that deal with mon­ey. An invest­ment intent is based on the intractable belief […]

Financial Basics for Millennials

By |April 17th, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , , |

With age comes respon­si­bil­i­ty, so if you’re a young adult in your 20s or 30s, chances are you’ve been intro­duced to the real­i­ties of adult­hood. While you’re excit­ed by all the oppor­tu­ni­ties life has to […]

4 Sources of Cash Flow to Fund Your Growth

By |April 6th, 2017|Cat­e­gories: Busi­ness Wise|Tags: , , , , |

For any­thing to grow it needs fuel. In busi­ness, that fuel is cash. The eco­nom­ic cli­mate for most busi­ness­es is pos­i­tive right now, but that doesn’t mean you aren’t hav­ing cash flow chal­lenges. In fact, […]

What to Expect When You Are Expecting…Sales

By |March 31st, 2017|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

Busi­ness own­ers are obsessed with one num­ber in their busi­ness. You guessed it… sales. Every busi­ness own­er wants to con­tin­ue to grow their sales line. This num­ber is the result that almost every busi­ness owner […]

Client Spotlight — Full Throttle Indoor Karting

By |March 28th, 2017|Cat­e­gories: On Our Minds|Tags: , , , , |

Full Throt­tle Indoor Kart­ing is Cincinnati’s pre­mier high-speed indoor go-kart track locat­ed in Spring­dale, near Tri-Coun­ty Mall.  Every­one from the novice to the pro­fes­sion­al rac­er will enjoy the state-of-the-art karts and rac­ing at speeds up […]

The U.S. Economy

By |March 15th, 2017|Cat­e­gories: On Our Minds|Tags: , , , , , |

This past month, the Mack­ey Advi­sors team attend­ed an eco­nom­ics pre­sen­ta­tion by Alan Beaulieu, the Pres­i­dent of ITR Eco­nom­ics and a lead­ing author­i­ty on glob­al eco­nom­ics.  His pre­sen­ta­tions are infor­ma­tive and detailed pro­vid­ing unique insight […]

Ask Mackey | The 3 Signs

By |March 8th, 2017|Cat­e­gories: Busi­ness Wise|Tags: , , , , , |

https://vimeo.com/207479949/settings/embed Approach­ing a rail­road cross­ing when the train is on the near­by track, you are faced with flash­ing red lights, a red and white stripped cross bar, a big X sign that says, Rail­road Crossing. […]

New Year’s Resolutions

By |Feb­ru­ary 17th, 2017|Cat­e­gories: Per­son­al Plan­ning|Tags: , , , , , , |

Res­o­lu­tions are sup­posed to be your inten­tion for the new year, not a to-do list for the first week of Jan­u­ary that is nev­er ful­ly com­plet­ed.  I have yet to see some­one accom­plish a resolution […]

Ask Mackey | The Right Tools

By |Feb­ru­ary 15th, 2017|Cat­e­gories: Busi­ness Wise|Tags: , , , , , , |

https://vimeo.com/204222830/settings/embed Like many young women, I learned to cook watch­ing my Moth­er.  By the time I left home, I was pret­ty good too. My love of cook­ing was fos­tered in two ways.  One, I loved […]

How Entrepreneurs Prosper

By |Feb­ru­ary 9th, 2017|Cat­e­gories: Busi­ness Wise, Uncat­e­go­rized|Tags: , , , , , , |

Like many young women, I learned to cook watch­ing my Moth­er.  She was a great south­ern cook, her spe­cial­ty being fried chick­en. By the time I left home, I was pret­ty good too. My love […]

Client Spotlight — Mach III Clutch, Inc.

By |Octo­ber 27th, 2016|Cat­e­gories: Busi­ness Wise, Uncat­e­go­rized|Tags: , , , , , |

Mach III Clutch, Inc. is a man­u­fac­tur­er of clutch­es and brakes that are used in the dri­ve sys­tems of indus­tri­al machin­ery. These prod­ucts, fun­da­men­tal­ly, trans­fer motion from one rotat­ing com­po­nent, such as a motor, to another, […]

November 1 Kicks Off Open Enrollment for Health Marketplaces

By |Octo­ber 26th, 2016|Cat­e­gories: On Our Minds, Uncat­e­go­rized|Tags: , , , , |

Begin­ning Novem­ber 1, 2016, indi­vid­u­als (includ­ing their fam­i­lies) may apply for new health insur­ance or switch to a dif­fer­ent health-care plan through a Health Insur­ance Mar­ket­place. The open enroll­ment peri­od ends Jan­u­ary 31, 2017. Individuals […]

Hiring a Professional Consultant: The Real Cost

By |Octo­ber 26th, 2016|Cat­e­gories: Busi­ness Wise, Uncat­e­go­rized|Tags: , , , , |

Hir­ing a pro­fes­sion­al con­sul­tant is a big deci­sion. Adding capac­i­ty, exper­tise and val­ue are all great ben­e­fits when tak­ing the next step for­ward. How­ev­er, many busi­ness own­ers only focus on one thing when it comes […]

Why Planning is Important

By |Octo­ber 17th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , , |

If you have spent any sig­nif­i­cant time with the Mack­ey Advi­sors team, you have prob­a­bly real­ized that we some­times sound like a bro­ken record when it comes to the con­cept of “plan­ning”.  That is because […]

Ask Mackey | Say No to Micromanagement

By |Octo­ber 12th, 2016|Cat­e­gories: Busi­ness Wise, Uncat­e­go­rized|Tags: , , , , , |

https://vimeo.com/187036559/settings/embed Big goals with­out depart­ment and indi­vid­ual account­abil­i­ty sys­tems to sup­port them is poi­son to your cul­ture. It cre­ates a win/lose envi­ron­ment.  A neg­a­tive cul­ture is like a dirty riv­er, noth­ing thrives in it. It […]

Just Say No to Micromanagement

By |Octo­ber 6th, 2016|Cat­e­gories: Busi­ness Wise, Uncat­e­go­rized|Tags: , , , , , , |

As a babyprenuer, I was an accom­plished micro­man­ag­er.  I coor­di­nat­ed day long retreats and got my entire team fired up toward our annu­al goals.  I would cre­ate BIG plans and set BIG goals. The team […]

IRS Announces New Waiver Procedure for Taxpayers Who Inadvertently Miss the 60-Day Rollover Deadline

By |Sep­tem­ber 29th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , |

Background–direct and indi­rect (60-day) rollovers If you’re eli­gi­ble to receive a tax­able dis­tri­b­u­tion from an employ­er-spon­sored retire­ment plan (like a 401(k)) you can avoid cur­rent tax­a­tion by direct­ly rolling the dis­tri­b­u­tion over to anoth­er employer […]

Client Spotlight — Advanced Services Pest Control

By |Sep­tem­ber 28th, 2016|Cat­e­gories: Busi­ness Wise, Uncat­e­go­rized|Tags: , , , , , |

Advanced Ser­vices is a cut­ting edge, ter­mite and pest con­trol com­pa­ny found­ed in 1986 by Jeff Annis, which serves Augus­ta, Geor­gia and the sur­round­ing area.  All of their ser­vices are designed around serv­ing the needs […]

Tax Time Starts Now!

By |Sep­tem­ber 28th, 2016|Cat­e­gories: Busi­ness Wise, Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , |

Fall is the time to think of the leaves chang­ing, the weath­er turn­ing cool­er, and…taxes.  While the 2016 indi­vid­ual tax dead­line is not until April 15th, there are things that you should con­sid­er now that […]

Ask Mackey | How to Thrive

By |Sep­tem­ber 14th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , |

https://vimeo.com/182603853/settings/embed Our brain is wired to be on alert to any­thing that threat­ens your sur­vival.  The amyg­dala is an almond shaped sliv­er in the tem­po­ral lobe of your brain that is respon­si­ble for your primal […]

Overcoming Our Biological Imperative to Get Stuck in Survival Mode

By |Sep­tem­ber 7th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , , |

Your brain is wired to be on alert to any­thing that threat­ens your sur­vival.  The amyg­dala is an almond shaped sliv­er in the tem­po­ral lobe of your brain that is respon­si­ble for your pri­mal emotions […]

A Cybercrime That Could Bankrupt Your Company

By |August 31st, 2016|Cat­e­gories: Busi­ness Wise, Uncat­e­go­rized|Tags: , , , , , |

Dur­ing the sum­mer of 2008, a dif­fer­ent type of cyber­crime was iden­ti­fied — cor­po­rate account takeover. It is cost­ly and ranks among the fastest and most stealthy type of attack. Cyber­crim­i­nals engag­ing in this activity […]

Client Spotlight — Robeson Marketing & Design

By |August 24th, 2016|Cat­e­gories: On Our Minds|Tags: , , , , , |

Beth is co-founder of Robe­son Mar­ket­ing & Design found­ed in 1999. The Robesons spe­cial­ize in groundswell mar­ket­ing for busi­ness­es and orga­ni­za­tions that are mak­ing the world a bet­ter place. They also offer a wide array […]

A Quick Look at the Presidential Candidates’ Tax Proposals

By |August 24th, 2016|Cat­e­gories: On Our Minds, Uncat­e­go­rized|Tags: , , , |

Though tax poli­cies haven’t received top billing in this year’s pres­i­den­tial elec­tion dia­logue, they’re still part of the con­ver­sa­tion. Here’s a quick review of each can­di­date’s tax pro­pos­als based on infor­ma­tion released by their campaigns. […]

Are you a High Potential, High Performing business? Or want to be?

By |August 4th, 2016|Cat­e­gories: Busi­ness Wise, Uncat­e­go­rized|Tags: , , , , , |

If you are an entre­pre­neur, have you ever found your­self just “Stay­ing Afloat”?  It isn’t  fun wor­ry­ing about how to pay your bills week to week.  These are the days of a lot of hope […]

Mackey Advisors Economic Update

By |July 28th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , |

The U.S. econ­o­my con­tin­ues to remain a bright spot in the world despite sig­nif­i­cant head­winds that damp­ened activ­i­ty in the ear­ly months of 2016.  The con­sumer is dri­ving U.S. eco­nom­ic growth.  Accord­ing to recent Consumer […]

Client Spotlight — Furlong Building Enterprises

By |July 27th, 2016|Cat­e­gories: On Our Minds|Tags: , , , , |

Fur­long offers design-build con­struc­tion ser­vices for com­mer­cial, indus­tri­al and retail con­struc­tion projects.  Our com­pa­ny is found­ed on pro­vid­ing out­stand­ing cus­tomer ser­vice that is per­son­al, respon­sive and over­seen by expe­ri­enced pro­fes­sion­als. Fur­long offers its clients an […]

Negative Interest Rates — The Great Experiment

By |July 21st, 2016|Cat­e­gories: On Our Minds, Uncat­e­go­rized|Tags: , , , |

The Fed­er­al Reserve remains com­mit­ted to rais­ing the Fed­er­al Funds rate, a bench­mark that can affect the inter­est rates charged on many types of con­sumer cred­it.  But abroad, a dif­fer­ent exper­i­ment is under­way.  As of […]

10 Years and Counting: Points to Consider as You Approach Retirement

By |July 7th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , , , |

If you’re a decade or so away from retire­ment, you’ve prob­a­bly spent at least some time think­ing about this major life change. How will you man­age the tran­si­tion? Will you trav­el, take up a new […]

Caring for Parents and Children — 5 Things to do NOW

By |June 29th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , , |

The Sand­wich Gen­er­a­tion:  A col­or­ful label for the peo­ple who find them­selves pro­vid­ing finan­cial, emo­tion­al and phys­i­cal sup­port for both their aging par­ents and their chil­dren at the same time.  Accord­ing to a 2013 Pew […]

New Rules for College Campus-Sponsored Debit and Prepaid Credit Cards

By |June 28th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , |

The Depart­ment of Edu­ca­tion has issued new rules for cam­pus-spon­sored deb­it and pre­paid cred­it cards that are direct­ly linked to finan­cial aid dis­burse­ments. While many finan­cial insti­tu­tions have part­ner­ships with col­leges to mar­ket these products […]

Change: Every Business Owner’s Least Favorite Word

By |June 23rd, 2016|Cat­e­gories: Busi­ness Wise, Uncat­e­go­rized|Tags: , , , , , |

  Change is inevitable. It can eas­i­ly take any­one out of the com­fort zone and into the fire. How­ev­er, it doesn’t have to be that way. Change can be cal­cu­lat­ed and it can cer­tain­ly have […]

Planning Your Financial Future

By |June 15th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , |

Let’s take a few min­utes to dis­cuss per­son­al finan­cial plan­ning – or as we call it Pros­per­i­ty Plan­ning™.  When we take a step back for a minute it is quite aston­ish­ing to think of everything […]

The Four Ways We Avoid Fear

By |June 2nd, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , |

Mon­ey. Fear. Like peanut but­ter and jel­ly, mon­ey and fear are com­pat­i­ble com­pan­ions. Of course mon­ey brings up feel­ings of fear.   Mon­ey is the clothes on your back and the roof over your head. Money […]

Mackey Advisors Economic Update

By |April 29th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , |

The U.S. econ­o­my remains a bright spot in the world despite sig­nif­i­cant head­winds that damp­ened activ­i­ty in the ear­ly months of 2016.  Man­u­fac­tur­ing pro­duc­tion has been con­sis­tent over the past four months, con­tin­u­ing to edge […]

Marriage and Money

By |April 29th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , , |

U.S. Supreme Court deci­sions have giv­en same-sex mar­ried cou­ples the same rights and priv­i­leges as oppo­site-sex mar­ried cou­ples. If you’re mar­ried or on your way to the altar, you’ll want to sort through the financial […]

5 Simple Steps for Answering a Not So Simple Question, What Do I Really Want?

By |April 6th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , |

For years I dreamed of hav­ing a lake house.  I could pic­ture the view of the lake in my mind and imag­ined the seren­i­ty I would feel sit­ting on my screen porch.  The more stressful […]

The Importance of the Balance Sheet

By |March 24th, 2016|Cat­e­gories: Busi­ness Wise, Uncat­e­go­rized|Tags: , , , , |

There is Top Line Ter­ry and Bot­tom Line Lar­ry, but there are oth­er “play­ers” need­ed to make a busi­ness suc­cess­ful.  The income state­ment is impor­tant for mon­i­tor­ing and find­ing ways to improve, but if your […]

Why Mackey Advisors?

By |March 11th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , |

Often times I hear from clients that the Mack­ey Advi­sors™ expe­ri­ence wasn’t at all what they expect­ed.  Some­times that imme­di­ate­ly hap­pens even after their first meet­ing with us. We strive to be a breath of fresh […]

An Easy to Follow Financial To-Do List for 2016

By |Feb­ru­ary 18th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , |

Jan­u­ary: Increase retire­ment account con­tri­bu­tions:  A new year some­times means increas­ing retire­ment account con­tri­bu­tion lim­its.  For 2016, the 401(k) lim­it is $18,000.  If you are already max­ing out your employ­er spon­sored plan, con­sid­er­ing review­ing IRAs, […]

Mackey Advisors Economic Update

By |Jan­u­ary 28th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , |

The U.S. econ­o­my, though soft in the sec­ond half of 2015, remains a bright spot in the world.  This is despite sig­nif­i­cant head­winds cre­at­ed by the prob­lems fac­ing the major­i­ty the globe’s economies.  The world’s […]

Beyond Financial Aid — Let’s Talk Loans

By |Jan­u­ary 19th, 2016|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , |

Financ­ing col­lege tuition, fees and expens­es can be daunt­ing.  How­ev­er, tak­ing advan­tage of stu­dent loans may help light­en the finan­cial bur­den.  There are sev­er­al type of loans avail­able, both good and not-so-good.  Pri­mar­i­ly, stu­dents can […]

Finding the Balance Between Success and Happiness

By |Decem­ber 23rd, 2015|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , |

“If I could work my will, every idiot that goes about with “Mer­ry Christ­mas” on his lips, should be boiled with his own pud­ding, and buried with a stake of hol­ly through his heart!”…Ebenezer Scrooge […]

Five Questions and Answers about New Social Security Claiming Rules

By |Novem­ber 18th, 2015|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , |

When Con­gress unex­pect­ed­ly elim­i­nat­ed two Social Secu­ri­ty claim­ing strate­gies as part of the Bipar­ti­san Bud­get Act of 2015, retire­ment plan­ning got a lit­tle more com­pli­cat­ed for peo­ple who expect­ed to use those strate­gies to boost […]

The Bipartisan Budget Act of 2015

By |Novem­ber 4th, 2015|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , |

On Novem­ber 2, 2015, Pres­i­dent Oba­ma signed into law the Bipar­ti­san Bud­get Act of 2015, leg­is­la­tion that rais­es the fed­er­al debt lim­it and estab­lish­es the frame­work for a two-year bud­get deal. The leg­is­la­tion, need­ed to […]

November 1st Kicks Off Open Enrollment for Health Marketplaces

By |Octo­ber 22nd, 2015|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , |

Begin­ning Novem­ber 1, 2015, indi­vid­u­als (includ­ing their fam­i­lies) may apply for new health insur­ance or switch to a dif­fer­ent health-care plan through a Health Insur­ance Mar­ket­place. The open enroll­ment peri­od ends Jan­u­ary 31, 2016. Individuals […]

Leveraging Your Business to Fund Your Child’s College Education

By |Octo­ber 21st, 2015|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , |

If you have chil­dren and are fol­low­ing this blog series, there is a good chance you are active­ly plan­ning to send your child (or chil­dren) to a col­lege or uni­ver­si­ty. Find­ing ways to save for […]

Medicare Open Enrollment Period Begins October 15

By |Octo­ber 7th, 2015|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , |

Part D late enroll­ment penal­ty Gen­er­al­ly, if you did not sign up for Part D cov­er­age dur­ing your ini­tial enroll­ment peri­od, and you did­n’t have oth­er cred­itable drug cov­er­age (at least com­pa­ra­ble to Medicare’s standard […]

Financial Aid Planning – Expected Family Contribution (EFC)

By |Sep­tem­ber 10th, 2015|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , |

As you choose a plan to help save for your child’s edu­ca­tion, you may also want to find out how finan­cial aid can help you pay for high­er edu­ca­tion costs. The prospect of pay­ing for […]

Interest Rates Decrease Slightly on Federal Student Loans

By |August 13th, 2015|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , |

The fed­er­al gov­ern­ment pays the inter­est on sub­si­dized Stafford Loans while the stu­dent is in school, dur­ing the six-month grace peri­od after grad­u­a­tion, and dur­ing any loan defer­ment peri­ods. With unsub­si­dized Stafford Loans, the student […]

6 Ways Your School Guidance Counselor Can Help You Get Into College

By |July 21st, 2015|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , |

A high school’s guid­ance coun­sel­ing depart­ment and the pro­grams they sup­port are crit­i­cal resources for both the stu­dent and their par­ents in prepar­ing for col­lege. School coun­selors are high­ly trained pro­fes­sion­als who typ­i­cal­ly have advanced […]

Greece, China, Interest Rates! What is an Investor to do?

By |July 20th, 2015|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , |

Let’s take a few min­utes this month to talk about port­fo­lios and asset allo­ca­tion. I bet you just thought to your­selves “Wow, what an excit­ing top­ic!” Maybe not, but with all the news dom­i­nat­ing markets […]

An Often Overlooked, but Important Process… Year-End Tax Planning

By |June 16th, 2015|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , , |

As the year begins to unfold we gain a clear­er idea of how things will be shap­ing up rel­a­tive to annu­al income and expens­es. From year to year things can change, and it is important […]

To Thine Own Self Be True

By |June 1st, 2015|Cat­e­gories: On Our Minds, Uncat­e­go­rized|Tags: , , , , , , , , , |

Sal­ly was in her late thir­ties when she came face-to-face with the real­iza­tion that she was the obsta­cle in her quest for pros­per­i­ty. As a busi­ness own­er, Sal­ly had worked dili­gent­ly to grow the business […]

Understanding the Customers’ Perspective

By |May 27th, 2015|Cat­e­gories: Busi­ness Wise, Uncat­e­go­rized|Tags: , , , , , , , , , |

We are a soci­ety obsessed with find­ing a “good deal”, which is why cus­tomers today place such a heavy empha­sis on pric­ing. This leaves the busi­ness own­er with plen­ty of ques­tions: What should I charge? […]

College Planning — 7 Steps to Keep Your Money & Your Sanity

By |May 21st, 2015|Cat­e­gories: Per­son­al Plan­ning, Uncat­e­go­rized|Tags: , , , , , , , , , |

One of the most finan­cial­ly savvy gifts a par­ent or guardian can give their child is to send them to col­lege. Even with stu­dent debt, the dif­fer­ence in a col­lege graduate’s life­time earn­ings vs that […]