Does your debt give you anxiety? Do you try not to think about it? Does the thought of what you might need to do to eliminate the debt cause you to start breaking out in a cold sweat? If yes, you’re not alone. And a lot of financial planners would start out by looking at…
DetailsWhen you’re stressed, do you tend to use shopping as one of your coping mechanisms? No judgement – this is totally normal. The thing is, many people who have issues with spending too much aren’t learning alternative skills that are healthier than coping mechanisms. Especially when it’s so easy to click a button and have…
DetailsIt’s very difficult to set a 12-month goal for just about anything, but it’s especially difficult when it comes to money. What I do find useful however, is to take advantage of the natural ebb and flow of life. Summer? Not a great time to tighten the belt intentionally, but sometimes clients tell me they…
DetailsThe past few weeks I have been talking a lot about financial planning. And I hope it’s clear now that financial planning is not about products, or investments, or even about deprivation. It’s not about feeling that you need to “do” something; instead, it’s about getting urgent about your results with money. Instead of working…
DetailsHave you ever noticed that money tends to disappear unless you pay attention to it? It’s true. (It’s that dreadful feeling we get when we look at our bank statement at the end of the month and think, “Where did it all go…?”) That’s why it’s essential that you have clarity around what you want…
DetailsWhy should you do financial planning right now? Um, maybe you shouldn’t. I’m going to make a bold statement: I kind of dread it when people come to me for financial planning when the reason they are moving forward is because they feel like they have to make a major financial decision RIGHT NOW. True,…
DetailsThere is a popular adage often attributed to Benjamin Franklin, the father of time management, “Failing to plan is planning to fail.” I think a lot of people believe that financial planning is only for the wealthy, or for the people who are a financial train wreck. That might be partially true…before I left my…
DetailsI spend a lot of time reassuring people that financial planning isn’t “just” for the wealthy…in fact, a financial plan is what puts you on that road, regardless of where you start. It is meant to help you begin with the end in mind with regard to your personal finances. And some people think (erroneously!)…
DetailsAh, Wall Street. Playground of billionaires and the only place in the world where 1+1 can equal 3 or -47. Sometimes on the same day. Is it any wonder that one of the most nerve-wracking tasks of financial planning can be understanding how to invest your 401k, IRA or other account? In fact, I think…
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