Welcome! Let’s Simplify Your Financial Life to Free Up Your Time

If you’re earning a high income but feel like your finances are all over the place, you’re not the only one. Many professionals find themselves juggling multiple accounts without a clear strategy, leading to constant worry that something important is being overlooked. This.

RT @StevenBalch: Asset Location Matters as Much as Asset Allocation . For high-income earners and retirees, where you hold your investment….

If you earn $400,000 or more, your tax bill is potentially one of your biggest expenses. Yet most high earners don’t proactively plan for it. They wait until tax season, when it’s too late to make meaningful changes. That could be a costly mistake. Smart tax planning doesn’t.

You’ve spent decades building wealth. But how do you start using it?.Most people focus on saving for retirement. But few have a clear system for spending in retirement. That’s where the Paycheck Replacement Plan comes in. It’s a simple, structured way to:.✅ Consolidate income.

A client once told me:.“I make great money but always feel behind.”. They weren’t behind. They just had no clear system. After working together:.•We organized their finances so they knew what they had and how it was invested .•We automated their investment and savings plan.

What’s the real benefit of getting financially organized?.It’s not just lower taxes or better returns. It’s:.•Less mental clutter.•More time with your family.•Confidence in your future.Money is a tool. The goal is freedom, not spreadsheets.

What if I told you there might be a way to save over $4,000 in taxes without changing your lifestyle?. •Max out an HSA ($8,550 for a family).•Use a Dependent Care FSA ($5,000, if eligible).•Total: $13,550 pre-tax.In the 32% bracket, that’s $4,336 in tax savings.

This created a coordinated investment and financial plan that results in less stress, more confidence, and time saved. Just because you're busy doesn’t mean your finances have to be disorganized.

1.I listed all accounts on a single page. 2.Grouped investments by purpose and tax treatment. 3.Reviewed their tax return and paychecks for potential tax savings opportunities.4.Built a simple system for saving, investing, and spending.

A new client came in with:.•10+ investment accounts.•A high income.•No coordinated strategy.They weren’t sure what they owned or why. Here’s how I helped them get clarity and control:.

If you are a high income earner and youenjoyed this thread:. 1. Follow me @StevenBalch for more tips on how to simplify your finances.2. Make sure to bookmark the first tweet so you can come back to it later.

You don’t need more spreadsheets. You need a system that works, without stealing your time. If your financial life feels scattered, the fix isn’t more effort. It’s a better structure.

Step 5: Delegate the Complexity.The most successful professionals I work with don’t try to do everything themselves. They delegate tasks that drain their time and trust a coordinated plan. It’s not about control. It’s about peace of mind.

Step 4: Automate Everything You Can.•Auto-transfers for savings.•Investment rebalancing.•Monthly check-in for key metrics.Don’t rely on memory. Systems work better than willpower.

Step 3: Build a Planning Calendar.Taxes, investments, estate docs. Don’t leave them to chance. Use a simple annual calendar:.•Q1: Tax prep.•Q2: Investment review.•Q3: Estate check-in.•Q4: Year-end moves.

Step 2: Group Accounts by Purpose.Your accounts should have jobs. Some are for spending. Some are for saving. Some are for long-term growth. Everything should fit into a system.

Here’s the simple framework I use to get people back in control:. Step 1: Financial Inventory.List every account, policy, loan, and asset on one page. You need to see the whole picture before you can fix it.

Disorganization costs you in more ways than you think:.•Missed tax planning.•Poor investment alignment.•Unused cash sitting idle.•Overlap between advisors who don’t talk to each other.And most of all? Mental clutter.

High income doesn’t always mean financial clarity. Many professionals come to me with:.•Multiple accounts.•No real plan for their money.•Constant worry about missing something.It’s not a money problem. It’s a coordination problem.

If you make $300K+, but your finances feel scattered, it’s because you don’t have a system and a strategy. Here’s how I help high earners go from overwhelmed to in control:.