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The MDP Blog

 

Featured
Q&A with MDP's Newest Partner: Mark Schweiss CFP®, CPA, CFA
Andrew Mohrmann
Feb 12, 2018
Q&A with MDP's Newest Partner: Mark Schweiss CFP®, CPA, CFA
Andrew Mohrmann
Feb 12, 2018

Mark Schweiss CFP®, CPA, CFA joined the firm late in 2017. He humored me by answering a few questions so you could learn more about him. 

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Andrew Mohrmann
Feb 12, 2018
Why Cash(Flow) is King and How You Can Master It
Andrew Mohrmann
Jul 19, 2017
Why Cash(Flow) is King and How You Can Master It
Andrew Mohrmann
Jul 19, 2017

Whether you make $40,000 or $400,000/year, prudently managing your cashflow is the single most important financial thing you can do. You know you should live within your means, but why is it so difficult? Learn how we help our clients finally gain control of their income/spending, while saving them time and stress along the way. 

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Andrew Mohrmann
Jul 19, 2017
Are you tired of the rat race?
Andrew Mohrmann
Jun 23, 2017
Are you tired of the rat race?
Andrew Mohrmann
Jun 23, 2017

If you understand your "why" and reframe the idea of ‘retirement’, financial independence can be closer than you think.

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Andrew Mohrmann
Jun 23, 2017
Witnessing An Entrepreneurial Renaissance in St. Louis
Andrew Mohrmann
Jun 13, 2017
Witnessing An Entrepreneurial Renaissance in St. Louis
Andrew Mohrmann
Jun 13, 2017

With all the negative press that St. Louis often gets around things like racial divide, a fractured city/county, the departure of the Rams, corporate exits and the like, we should be celebrating the startup revolution happening in our city. This startup culture has the opportunity to change St. Louis’ trajectory.

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Andrew Mohrmann
Jun 13, 2017
The 4 Biggest Financial Challenges Facing Young Doctors
Andrew Mohrmann
Jun 8, 2017
The 4 Biggest Financial Challenges Facing Young Doctors
Andrew Mohrmann
Jun 8, 2017

As a physician, your sole focus in your twenties (and likely into your thirties) was learning your craft--undergrad, med school, internships, fellowships, post docs, etc. You’ve given up countless hours with your nose in books and days on end at the hospital to become a physician. Now that you’re an attending doctor (or close to it), you’re hoping that the hard work will pay off for you financially. Unfortunately, though, many physicians fall prey to traps that will hinder them from flourishing financially once their income finally rises.

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Andrew Mohrmann
Jun 8, 2017
A Penny Doubled or $1,000,000
Andrew Mohrmann
Jun 1, 2017
A Penny Doubled or $1,000,000
Andrew Mohrmann
Jun 1, 2017

Would you rather have $1,000,000 or the sum of a penny doubled every day for 30 days? If you did the math, you know that the magical penny is the correct answer and by a long shot. By the end of a month, you’d have $10,737,418.24.

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Andrew Mohrmann
Jun 1, 2017
Business Owners: Is Your Employees' Financial Health Harming Your Business?
Andrew Mohrmann
May 4, 2017
Business Owners: Is Your Employees' Financial Health Harming Your Business?
Andrew Mohrmann
May 4, 2017

Are your employees among those who are uneasy about their finances? Whether you like or not, they’re looking to you for help. Even if your workforce is highly educated they still might have little to no personal financial acumen. Here are 3 ways you can help your employees with financial wellness to make them happier people and in turn, better employees.

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Andrew Mohrmann
May 4, 2017
Monsanto Employees: Understanding your Stock and Options as the Bayer Merger Approaches
Andrew Mohrmann
Apr 20, 2017
Monsanto Employees: Understanding your Stock and Options as the Bayer Merger Approaches
Andrew Mohrmann
Apr 20, 2017

As we approach the Monsanto-Bayer merger, it’s important to understand what you have and what you can expect to happen with your stock, options and Restricted Stock. Without a finance degree, it can be difficult to decipher your holdings. You might be embarrassed to admit you don’t understand what you have. Trust me, you aren’t the only one. Let’s unpack what you have and things you should think about as the merger approaches.

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Andrew Mohrmann
Apr 20, 2017
Long Days and Short Years
Andrew Mohrmann
Apr 17, 2017
Long Days and Short Years
Andrew Mohrmann
Apr 17, 2017

Sometimes we put off important things that aren't urgent. Financial planning should be moved up your list. 

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Andrew Mohrmann
Apr 17, 2017
Why You Shouldn’t Pay Off Your Mortgage Early
Andrew Mohrmann
Apr 7, 2017
Why You Shouldn’t Pay Off Your Mortgage Early
Andrew Mohrmann
Apr 7, 2017

Whether or not to accelerate mortgage payoff is a question that crosses most homeowner’s mind at some point. It’s especially top of mind this time of year as you gather the documents to file your taxes and see how much you paid in interest last year on your mortgage. As I discussed this with a client recently, I thought it might be interesting to share my thoughts with you as well.

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Andrew Mohrmann
Apr 7, 2017

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Featured
Q&A with MDP's Newest Partner: Mark Schweiss CFP®, CPA, CFA
Q&A with MDP's Newest Partner: Mark Schweiss CFP®, CPA, CFA
Why Cash(Flow) is King and How You Can Master It
Why Cash(Flow) is King and How You Can Master It
Are you tired of the rat race?
Are you tired of the rat race?
Witnessing An Entrepreneurial Renaissance in St. Louis
Witnessing An Entrepreneurial Renaissance in St. Louis
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