How manage income versus spending to have more money.
Have you wanted to manage your money better but didn’t know how to start? I know that I can do better for us, especially our kids, so they learn good habits. I know I am not alone. Ultimately, our goal … Read More
“From hidden debt to secret expenditures, lying about finances can cause a marriage to go into default.” Kimberly Foss, CFP The US divorce rate among young people under 30 years has been dropping to below 50% since the early … Read More
The pandemic has reshaped our lives in many ways. We are home more due to social distance, remote work, distance learning, traveling, and dining out less. We have spent more on grocery shopping to accommodate this “new normal” lifestyle. We … Read More
Do you want to get a better sense of your financial health now? Personal financial ratios can give you a picture of your proper financial health and progress relative to your goals These benchmarks can help you develop better financial … Read More
Running out of cash can be a frightening experience. It is one thing when you are in a restaurant, and you leave your wallet at home. However, it can be quite stressful to realize you have a potential cash flow … Read More
“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” Robert G. Allen When you have some savings, it is good to invest and allocate your money to work. Most importantly, … Read More
“People do not buy goods and services. They buy relations, stories, and magic.” Seth Godin As consumers, we are often driven by our emotions. Neuroscientists have learned that nearly 95% of all our decisions are made emotionally and intuitively. The … Read More
I grew up in a racially diverse Bronx neighborhood. It wasn’t until I worked on Wall Street as a financial professional that I encountered people with homogenous backgrounds. Specifically, my colleagues were mostly white people who appeared to be far … Read More
“When we are no longer able to change a situation, we are challenged to change ourselves.” Viktor E. Frankl, Man’s Search For Meaning Our values are tested during a crisis. We have learned that we need to make certain changes … Read More
“For women, financial independence is a matter of necessity.” Carrie Schwab-Pomerantz Financial independence is essential for everyone. Women have lagged in gaining autonomy, being more reliant on their spouses for money than is healthy. They have made significant progress in … Read More
You have probably been hiding under a rock if you haven’t heard a lot about the growing US student debt burden. These loans are a weight on those who carry these amounts early in their careers. For some, it may … Read More