Pete the Planner: Here’s why net worth isn’t part of casual conversation
Talking about net worth also brings a harsh reality check.
Talking about net worth also brings a harsh reality check.
I’ve never needed a hobby so badly in my life. It’s not that I have tons of free time that needs to be filled; instead, I need something to divert my brain’s attention when I’m not at work or spending quality time with my family. Left unaddressed, my brain triggers into fits of work spasms […]
Said in a different way, what if you returned leftover resources to the community pool?
A stakeholder is any person or entity that has an interest or concern in the direction of an enterprise.
But you do have the ability to know a lot more things about your financial life than you are currently attempting to know.
What’s the monthly financial gap between your current life and the life you are aspiring to? This allows you to park the scary thoughts to the side and instead make decisions based on real numbers.
Dear Pete, I’ve started to look through some of my elderly father’s investments, and I’m finding myself in shock over some of the products he has been sold. Between high investment management fees, long surrender periods on annuities and inappropriate levels of risk, my head is spinning. What do I do? Do I file a […]
Given the many inconveniences in our personal finances, it’s surprising there’s not more focus on how we respond to negative outcomes.
I think sometimes people forget that business relationships are still relationships.
Even though I have set money aside along the way, my lifestyle, like that of many Americans in that same stage, continued to ratchet up.
And whether you care to acknowledge this or not, the order in which the ups and downs occur hasn’t previously mattered to you because you’ve been in the accumulation phase of your investing experience.
As an executor, adeptness in managing administrative tasks—from inventorying assets to paying debts and filing taxes—is paramount.
The allure of a hefty paycheck can be intoxicating. It’s easy to believe that more money equates to greater success or happiness. But the truth is, our perception of our own salary often shifts dramatically when compared with someone else’s.
Despite the nail-biting moments and hair-raising fluctuations, history has shown us that the stock market has a remarkable ability to weather the storm.
A couple of weeks ago, we came to the realization that we have three summers left as a family of four before our oldest heads to college. Oof.
I often find myself thinking of a trusting client when they first receive the news they were duped. I feel their fear. I feel their shame. I feel their disgust. It makes my skin crawl.
My vision has evolved over time.
Understanding convenience is vital to making affordability decisions.
Here’s what I’ve learned about our financial lives as we age—they get increasingly complex, and we don’t necessarily get better with money along the way.
The closest relief I’ve found in underachievement is extending myself some grace.