Author Archives: E. Scott Erickson

E. Scott Erickson’s vision is to empower Americans through financial education. For the last 30 years, he has been a successful financial advisor and avid public speaker in the Pacific Northwest.

Why the Ideal Tax Return is Nothing

For many young people, getting a big tax return is like Christmas in the Spring- a windfall you can use to pay off debt, invest, or throw at a big-ticket item. A lot of people treat it like found money, or a fun, beginning of the year bonus. Except it’s not. When the IRS gives you a solid chunk of change (and the average tax refund is about $2,800), what they’re really giving you is your money, back, after an entire year of using it interest free.

Are You Making These Top 3 Credit Card Mistakes?

Bad credit score? You’re not alone, especially if you’re under 30–according to a new study by Nerd Wallet, millennials have the lowest average credit score of any age demographic. If you want to boost your credit score, or just stop hemorrhaging funds in interest and late payments, watch out for these three common mistakes.   […]