Brent Esplin

Naming Financial Accounts: Would a Rose, By Any Other Name, Smell as Sweet?

Like the pine trees lining the winding road.  I’ve got a name, I’ve got a name.  Like the singing bird and the croaking toad.  I’ve got a name, I’ve got a name.  – Jim Croce   Humans have an innate desire to name and categorize things.  But does what we name something really matter?  No…

What Does Retirement Mean to You? The Parable of the Black Belt

“Remember that retirement is an amplification of your current free time.  If your weekends are spent watching reruns and eating unhealthy food, stay at work.  Retirement isn’t for you, no matter what your age.”  – From the blog “1500 Days to Freedom”   I love “The Parable of the Black Belt” as told by Jim…

Want to Help the Poor? Start a Business!

So you want to help the poor?  Socialism is not the answer.  It’s a dead end.  Socialism doesn’t create any wealth and it uses the resources it takes from others inefficiently.   It sickens, and eventually kills, the productive institutions it depends on.  A recent example of this is Venezuela, where the Socialist utopia promised by…

The 10 Smartest Things Ever Said About Saving

“Place a substantial premium on the future.”  That 7-word answer was given by Natalie Gochnour, associate dean of business at the University of Utah, in response to a question by the Deseret News about the most important financial advice she had ever received.  Gochnour received this advice from her father, physician Merrit H. Egan.  In…