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Naked With Cash

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It’s time to get naked!

Naked With Cash is a series and feature at Consumerism Commentary where selected readers anonymously and publicly track their finances. Each month, the seven participants share their financial reports, exposing the results of their recent, everyday, financial choices. With feedback from a few financial experts, participants in “teams” and other Consumerism Commentary readers will gain from the insight.

Looking for the 2014 series? Read the introduction to the second season of Naked With Cash.

Most importantly, the participants will be exposed to the process of being completely open about their financial situation. Candid discussions about finances and the analysis of the decisions that result in changes to net worth help bring financial independence and other goals closer.

For more information, read this introduction. Continue reading this article to meet the experts and the participants.

Meet the experts

Naked With Cash features four experts, offering commentary and advice on each of the participants’ financial situations.

Neal Frankle

Neal Frankle is an independent Certified Financial Planner™ based in Southern California. He founded Wealth Resources Group in 1994 to provide comprehensive fee-based financial planning exclusively.

His firm specializes in helping clients make smart decisions about their money so they can stop worrying and start enjoying the things that matter most to them.

I know what it’s like to have financial trouble. Both my parents passed away while I was still in high school. I took a tiny insurance settlement to a financial advisor. Rather than help me grow it safely to help me get through college, he churned and burned the account. It was horrible. But this experience made a deep impact on me and helped me really understand what it’s like to be in a tough situation with limited resources and almost no financial understanding. This motivated me to help others by developing a top-rate financial planning firm offering clients a comprehensive range of investment and financial planning services that are customized to clients’ needs.

Neal writes regularly on his blog, Wealth Pilgrim.

Connect with Neal: @nealfrankle on Twitter · LinkedIn · Facebook

Sara Stanich

Sara Stanich is a Certified Financial Planner (CFP®) practitioner and Certified Divorce Financial Analyst (CDFA™) based in New York City. She provides financial planning and investment advice to her clients who include dual-income couples, entrepreneurs and couples going through divorce.

Mom to an energetic preschooler, Sara Stanich has first-hand knowledge of the costs and challenges involved in raising a family. She finds that the responsibilities of parenthood motivate many growing families to deal with issues previously put on the back-burner such as investing, insurance, college savings and estate planning.

Sara Stanich lives in NYC with her husband and son. When not working, she enjoys gardening, being outdoors and spending time with her family.

Sara blogs about financial planning topics at Cultivating Wealth. You can also find out more about working with Sara at Stanich Group.

Securities offered through Raymond James Financial Services, Inc. Member FINRA/SIPC.

Connect with Sara: @sarastanich on Twitter · LinkedIn

Roger Wohlner

Roger Wohlner, CFP®, is a fee-only financial adviser based in Arlington Heights, Illinois. He provides comprehensive financial advice to individual clients and investment consulting services to retirement plans, foundations, and endowments. Roger’s blog is The Chicago Financial Planner where he provides information about financial planning, investments, and retirement plans.

Roger has been quoted extensively in the financial press including The Wall Street Journal, Investment News, and Reuters. Roger is also a regular contributor to the US News Smarter Investor Blog.

Connect with Roger: @rwohlner on Twitter · LinkedIn

Jacob Wade

Jacob is the author of iHeartBudgets, a personal finance blog dedicated to putting the “Fun” back in “Fundamentals of Finance.” He is a husband, father and avid budget nerd who actually spent his recent birthday budgeting for “FY13″ at his home. If you ask anyone who has known him for more than 13 seconds, you would know we truly does “Heart” budgets.

Connect with Jacob: @iHeartBudgets on Twitter · Facebook

Thanks also to Michael Kitces, CFP®.

Meet the participants

Anne & Matt
Anon. S
Calvin
J.W.
Kathleen
LastDollar
SteveDH
Intro Intro Intro Intro Intro Intro Intro
Team Neal Team Roger Team Sara Team Neal Team Sara Team Neal Team Roger
Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012
Jan 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013
Feb 2013 Feb 2013 Feb 2013 Feb 2013 Feb 2013 Feb 2013 Feb 2013
Mar 2013 Mar 2013 Mar 2013 Mar 2013 Mar 2013 Mar 2013 Mar 2013
Apr 2013 Apr 2013 Apr 2013 Apr 2013 Apr 2013 Apr 2013 Apr 2013
May 2013 May 2013 May 2013 May 2013 May 2013 May 2013 May 2013
Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013
Jul 2013 Jul 2013 Jul 2013 Jul 2013 Jul 2013 Jul 2013 Jul 2013
Aug 2013 Aug 2013 Aug 2013 Aug 2013 Aug 2013 Aug 2013 Aug 2013

Watch this space for links to each of the monthly summaries for each of the participants after they are published.

Updated June 19, 2014 and originally published December 27, 2012. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

{ 9 comments… read them below or add one }

avatar Jacob @ iheartbudgets

Excited to work with everyone on this, and Luke, thanks for inviting me to participate. I’m excited to see some people really grow their wealth and watch the progress each month.

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avatar Luke Landes ♦127,500 (Platinum)

You bet. I’m excited about it, as well.

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avatar Kathleen

Thanks for putting this together!

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avatar qixx ♦1,895 (Half-Dollar)

I look forward to the avdice these experts have to share. Thank you for this opportunity.

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avatar Suzanne

I love this concept because it makes it “real” for readers. They can see how financial decisions actually have an impact on their future financial condition. What makes it even better is the quality of the experts. Looking forward to it.

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avatar momo

Great case studies! Would love to participate too if possible.

Does this project continue for the rest of the year or does it end after a set period?

Also, are there archived case studies? Thanks for this and all of the great information on the site! Cheers!

Reply to this comment

avatar Luke Landes ♦127,500 (Platinum)

The full Naked With Cash archive is here. This year’s participants are already set. The series will continue throughout the remainder of the year, and I’m not sure whether I will run it again in 2014.

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avatar momo

Happy New Year Flexo! Thank you for continuing with the Naked with Cash series. I would like very much to be considered as a candidate. Please feel free to contact me. Thank you.

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avatar Mark in Denver

Side note: Sara is absolutely gorgeous. :)

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