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.
This year, I’ve landed on a specific question to consider: Does our quest for more hinder our ability to experience equilibrium? Like I said, I get weird this time of year.
So I’ll just hit you with one major issue—the average American household has not yet figured out that it’s out of money.
Running a business for the first time is incredibly difficult and undeniably risky.
The first directive is to create a realistic and achievable long-term financial plan.
You’re clearly not winning, your advisers are undoubtedly frustrated by you, and frankly I’m frustrated by this situation too.
I know people can take great comfort in hearing, speaking or reading their high annual wage, but I also know that income is only one side of the ledger.
You always need a short- to mid-term financial goal. Always.
Still to this day, plugging absurd average returns into financial-planning calculators tickles my soul.
I’m in an expensive season of life.
Keep pressing them to be critical until they offer something. Once that seal is broken, candor can take hold.
I’ve seen so many people have 50-point leads going into the third or fourth quarter but somehow end up clutching a defeat from the jaws of victory.
It’s wild to think back to the despair we felt some 38 months ago and realize we came out the other side of that nightmare in a better financial place.
