Roots of Wealth

Welcome to Roots of Wealth!

Welcome to the Roots of Wealth Blog!  We are New Jersey based fee-only independent Financial Advisors.   We started this financial planning blog to help people concentrate on the things that matter and the things that they can control.  The most important thing one can control is his or her own behavior.  We will help […]

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Stressed Student

A Hard Lesson on Spending

A recent USA Today article discussed the story of a 22-year-old junior college student who was in the fortunate position of having her grandparents save $90,000 for her college needs.  Imagine the hard work required to save this sum for her benefit. Well, it appears that the student decided to spend the college fund on a trip […]

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kids money dollar bills tossed

Teaching Your Child about Money

We all strive to provide the best for our children.  We hope that they enjoy everything that life has to offer and grow up to lead happy, productive lives.  One aspect of life that can help having a happy life is being prepared to manage your finances.  And what better way to  prepare your child […]

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What should investors do about Greece?

Weston Wellington of our partner Dimensional Fund Advisors (DFA) offers useful perspectives on the financial crisis in Greece. What should you being doing as an investor?  History teaches us many lessons which Weston highlights in this useful video. Click on the 3 minute video named ‘Greece’ below: Greece If you enjoyed this article,  CLICK HERE to subscribe […]

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How we can help you as a behavioral financial advisor

I have worked as a financial advisor since 1996. But because the term financial advisor is widely used throughout the financial services industry including life insurance salespeople and stock brokers, most people who I talked to don’t fully understand what I do for my clients. There are two numbers that sum up what we do for […]

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Chopped Vegetable Bowls

Chopped and Successful Investing

I am addicted to watching the Food Network and at all times of the day it is quite likely that my television will be turned onto this channel. One of my favorite shows is Chopped. The concept is simple. Four trained chefs or cooks compete to turn a “basket” of chosen food into a delicious Chopped meal. […]

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The sun is shining brightly in the morning sky, through our American Flag.

Happy Independence Day!

Independence Day is the celebration of our country’s birthday! Our Declaration of Independence was a historical moment and one that is cherished and celebrated with picnics, barbeques, fireworks, hot dogs and apple pie! It is a great day to wear red, white and blue and to proudly wave the American flag. It is to not be […]

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Hello Planning!

Hello Planning!

One of my favorite musicals is Hello Dolly! and in my time of need, I turn to the joy of relaxing  and singing along while I watch this wonderful movie.  Many of the songs are on my playlist and all of my family members have had to endure long car rides while listening to many songs […]

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A water well

How to Survive This and Future Droughts

We are once again in a rain drought in New Jersey – an annual event. Thankfully, we have not had a “drought” in the stock market for several years. For each of these occurrences, planning is needed. This helps investors be prepared rather than have to repair their portfolios. As retirement income planners, one of our […]

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Financial Adviser

Seven Ways to Fool Yourself

This article was written by Jim Parker who is a Vice President with Dimensional Fund Advisors (DFA) in Australia. Crimmins Wealth Management, LLC is a DFA NJ advisor. The philosopher Ludwig Wittgenstein once said that nothing is as difficult for people as not deceiving themselves. But while most self-delusions are relatively costless, those relating to […]

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My Retirement Cake

Planning to retire later in life? What you need to know

When will you retire? It is a question that most of us begin to think about by the time we are 50 years old.  Having a marker of when you expect to retire is an essential piece of information that you need in order to plan for your retirement income needs. When we first discuss […]

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