Can You DIY Your Financial Plan with Software? Plus, How Often to Check Your Portfolio

In this episode of the Scholar Wealth Podcast, Stephan Shipe tackles two practical questions that come up often for hands-on investors:

1. Can you just buy the same financial planning software advisors use and do it yourself?
   Stephan explains where consumer tools fall short, the hidden complexity behind professional financial models, and why the real value of a financial plan isn’t in the software—it’s in the interpretation and execution.

2. How often should you check your portfolio?
   He outlines a healthy cadence for portfolio reviews, how to avoid emotional investing triggered by market swings, and why “forgetting” your portfolio most of the year can actually lead to better outcomes.

Tune in for a candid look at where DIY investing works—and where professional guidance can make all the difference.

Disclaimer: The information provided in this podcast is for general informational and educational purposes only, and is not intended to constitute financial, investment, or other professional advice, the opinions. expressed are those of the hosts and guests and do not necessarily reflect the views of any affiliated organizations. Investing in financial markets involves risk, including the potential loss of principle, past performance is not indicative of future results. Before making any investment decisions, you should consult with a qualified financial advisor, who can assess your individual financial situation, objectives and risk tolerance.