Investors entering their 40s face multiple competing priorities — increased income, yes, but also increased expenses as families grow. In some cases, they also care for their parents alongside the children, while managing retirement planning. In your 40s, it’s time to make sure you have the right savings habits and are investing at the appropriate …
Our ego gives us confidence in our abilities and judgments. Pushed too far, however, the ego can cause lasting damage. Here are four tips for keeping your ego in check. But first, here are three quick stories about how ego can affect decision-making, starting with how the United States once planned to bomb the Moon. …
So where do you stand in the steps regarding a beneficial change you would like to make to your … [+] life? By answering this question, you can at least move from pre-contemplation to contemplation. Getty One of my most self-aware friends said of a habit he would like to change recently: “First, I have …
6 steps to keep your financial resolutions in 2023 Read More »
Confession time: I was a chronic spender. I can trace this habit back to early childhood. It was the feeling of envy of people who ate brand name cereals and had refrigerators with ice dispensers in the door. My parents were both hard workers, but they were just making ends meet trying to feed, house …
Excessive expenses that eat into your income? Here’s how I… Read More »
“Dark patterns are design features used to trick, direct, or manipulate users into behavior that is profitable for an entity offering a product or service, but they are often detrimental to users.” – Rohit Chopra, Consumer Financial Protection Bureau If you’re familiar with behavioral finance, you probably know the power of a good nudge. Nudges …
The global pandemic has prompted a massive re-examination of personal priorities. The big quit along with the growing number of people moving from cities to suburbs and small towns are just a few examples of how people seem to be changing the way they value compromise in their work, family, and financial lives. These case …
Sometimes it’s worth focusing more on the “personal” than… Read More »
Yeah, until very recently I thought complicated and complex were pretty synonymous too, but after reading General Stanley McChrystal’s book, The team of teamsI have been warned and educated. The book, ostensibly aimed at business leaders, guides us through the fascinating philosophical and practical framework necessary to bring together a myriad of the world’s elite …
Financial planning isn’t just complicated, it’s complex – there’s a difference Read More »
