Did you really think you’d escape another new-year-resolution-related, don’t-spend-your-hard-earned-money post? I gave it a few weeks but it’s time we talk about it.
One of my clients recently asked me if I really do everything I tell her to do. You know, the typical: save money for retirement, don’t spend it on things that are not important, allocate your portfolios appropriately, etc. good things like that. I am not going to lie to my clients (after all, if they can’t trust me, who can they trust?) so I put some thought into this question. After hours (or more like minutes) of pensive reflection, I realized that my ideas around money changed quite a lot in the last year. Some of the changes were a result of my personal life and some were the result of working with about 20 completely unique people over the last year. And here is what I learned in 2016.Read More
In the last 7 years, my husband and I managed to buy three houses, remodel two and sell one. It’s not that I am an expert (I do watch lots of HGTV though) but somehow, I now have a pretty clear idea of what I am willing and not so willing to do for my living happiness. Today’s conversation is about housing. How much is too much? Does a big house mean a happier life? And when do you say NO, we can’t afford this house?
I am certainly not going to give you advice or judge any decision. This is a very personal choice but here are a few things to consider as you shop for your first (or next) house:Read More
“If you want to get out of debt, you must get more enjoyment out of saving your money than you do spending your money”
Disclosure: I know I should attribute this quote to someone but Google doesn’t know to whom. I saw it in Mike Michalowicz’s book Profit First, but I am pretty sure it came from somewhere else. Sorry, originator, but you will have to go uncited today.
Generally, I don’t care for quotes. I am not the person who stitches them on pillows or prints them in her craft room (and no, I don’t have a craft room either), but this quote really got to me because I am constantly struggling with how to convince both my family and my clients to save more and spend less. So today, we will be talking about spending, saving, and happiness.Read More
Look, I know it’s not nice but sometimes we just need to be told how it is. So, please, don’t be a loser! I spend a few hours today looking at investment choices of college employees (many of them professors) at a large public university. In a matter of hours, I went from sad-to depressed-to mad. My co-author and Read More