Raising children is a white-knuckle roller coaster ride, and it sure isn’t easy. You can probably fill in the blanks with your own stories about how hard it is, and the particular challenges in our modern age. But still, those kids grow up, and most of them become (mostly) functional adults!Read More
Continued economic uncertainty (especially with so much political turmoil) has brought clients to me who are looking for ways to “trim the fat” … and so, to continue the metaphor, how about adding some “lean”?Read More
“If you don’t design your own life plan, chances are you’ll fall into someone else’s plan. And guess what they have planned for you? Not much.” -Jim Rohn
Here is the standard thinking, in regards to setting up your affairs with children who have special needs:Read More
As I mentioned, I’m going to risk being a bit blunt here.
That said, I’ll apologize ahead of time for those of you in truly tragic financial circumstances. I’m referring to events, completely out of control, which wreck your balance sheets. Like a medical emergency, not covered by insurance — and which no reasonable person could have expected.
But for the rest of you, call this your early intervention.Read More
Billionaires aren’t hatched overnight.
But there will be another generation of such men and women in the next few decades — and chances are, they will tread the same path as those who have come before.
So how did Warren Buffett do it? Here’s some of the basic path:Read More
Creating a budget really shouldn’t be the place where financial decisions begin. Instead, a comprehensive look at what you most care about and how you want to live your life is the best place to start, even before budget categories are determined.
This becomes especially clear when we consider how we seek to raise our children with a proper financial mindset. We want them to learn how to earn, how to save (and invest), and how to spend. Unfortunately, this doesn’t spring up for them from the womb!Read More
Whether you are in crisis or not, there should be at least five major commitments within a marriage on the proper handling of money. Abiding by these principles will only bring you and your spouse closer together, and will help you to signal to one another that you are committed to partnership in every area:Read More