Have you ever wondered if your money is going to the right places to reach your goals? Well, now you have a holistic money app to help you reach your goals quicker!
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Goals motivate, inspire, and challenge. They hold your attention, keep you moving forward, and contribute positively to life in many ways. But I’d like to focus on three benefits we get automatically when we set goals.
In the first part of this series, we looked at the overall benefit of hiring a financial advisor and determined that most people would benefit from hiring one. Since financial advisors can manage nearly all aspects of money and finance management, there is a good chance you would benefit...
If the prospect of Excel spreadsheets, budget tables, and tax returns bore you to tears, you might be wondering, “should I get a financial advisor?” Managing and planning your financial life isn’t easy. It’s more difficult now as inflation rises and stocks fall...
The learning curve to managing personal finances can look steep. And lots of people have a hard time staying afloat when the waves are big, and the sharks are licking their lips. (Wait, do sharks even have lips?) But you know what? Money doesn’t have to be so hard, and I’m here to help.
Delayed gratification is the key to your success. Here’s why: Teaches you patience Makes you think into your future Remember the 25 year time frame Allows you to set bigger goals Makes you appreciate the little wins along the way
There’s nothing in the SOPs that says money has to be stressful. In fact, I have a set of 5 ROEs that can turn all that around for you and reduce—or even eliminate—money stress.
It might sound a little strange but keeping score can be helpful when it comes to personal finances too. And you don’t even have to use boxes. Taking a look at where you are with money on a regular basis is one way to keep track of the progress you’re making toward your goals.
There are two things we never seem to have enough of: time and money. But while we can always figure out how to recover from a financial loss, we can’t get back the time we’ve lost—at least not yet.
Now we can’t exactly eliminate “toxic people” from our lives. Especially if we’re related to one or two of them. But we can establish boundaries that cut both the quantity and the quality of crazy they can bring to us.
Money makes people nervous. That’s because it’s often a source of anxiety and stress. I’ll bet there’s something connected to money that’s stressing you out right now. Look, you’re not crazy. Money is stressful. But it helps to identify the things that make it that way for you.
Today’s economy is making many investments less and less attractive. Despite this, one investment class consistently provides outsized, reliable, and liquid returns regardless of economic conditions. An investment in yourself.
But is a budget the correct answer in every circumstance or an easy copout that takes the hard work out of managing finances? The bottom line is that, no, generic advice to budget is not only unhelpful but can be actively detrimental to your wealth and well-being.
Debt caused the 2008 Housing Crisis and recession. Debt is why thousands of students are drowning in student loan costs. Debt is the cyclical, eternal credit card balance hanging over your head.
