Clik here to view.
The Real Challenge? Figuring Out What You Would do if You had the...
Not long ago I read a Wall Street Journal article, which profiled a Colorado dentist who earned around $300,000 a year and focused on proposed tax increases on those earning over $250,000 a year. The...
View ArticleClik here to view.
How to Live a Frugal Life (and Save More)
In a couple of recent columns, I have suggested that building long-term financial health means developing the habit of living on as little as 30% to a maximum of 70% of your gross earnings. I can hear...
View ArticleClik here to view.
Young Adults Should Learn to Manage Money Without Credit Cards
I recently helped my 13-year-old daughter open her first bank account, complete with checks and a debit card. We have agreements in place on her use of the card and the checking account, and we will go...
View ArticleClik here to view.
When Building Wealth, Uncle Sam Is No Example
So much for the silver lining. Most of my financial planning peers and I hoped the upside of the worst recession since the Great Depression of the 1930’s would be a newfound fervor to save. Not...
View ArticleClik here to view.
This is Your Brain in a Stock Market Crash
Bryan flipped on MSNBC to catch the stock market’s closing numbers. It was March 9, 2009. A visibly shaken reporter was telling viewers the Dow Jones had fallen to 6547, its lowest closing in over 13...
View ArticleClik here to view.
Don’t Throw Your Money Away
As I cleared our dinner table the other night, I scraped some of my uneaten veggies into the trash. I immediately heard my mother saying, “There are starving kids in India that would give their right...
View ArticleClik here to view.
Defining Financial Wellness
What does financial wellness look like? A lot is written on the symptoms and consequences of poor financial health. These days we are surrounded by news stories of financial disease in individuals,...
View ArticleClik here to view.
Downgrade Your Lifestyle and Upgrade Your Future
Recently I was explaining to one of my staff members that I had decided to drop one of my two fitness studio memberships and save about $40 a month. She said, “So you’ve chosen to “downgrade your...
View ArticleClik here to view.
How Much Is Enough?
How much money is enough? Some people might give this question a flippant answer like, “A lot more than I have!” Others might argue there is a finite income or asset level that “should” be enough. But...
View ArticleClik here to view.
Retiring for the Wrong Reasons
Carl was 62 when he decided it was time to retire. I asked why. He said all his friends were retiring and he figured he wasn’t getting any younger and thought he would, too. The next time I saw Carl, I...
View Article
