Planning for Your Wishes, With Love
Imagine this: You’ve suddenly passed away in a tragic accident. Your partner, while in shock and grieving your death, is unable to pay the mortgage on their income alone and doesn’t know how they will pay any of the other bills. They also don’t know any of your passwords or have access to your online […]
Why Physical Wellness Should be a Part of Your Financial Plan
Somewhere in my mid-twenties, bunions started to form in my feet. They’re a common condition where the big toes curve inward, mostly from being compressed in shoes over time. Gradually, over the years, they caused me increasing pain while walking. I told one doctor who basically shrugged and suggested I see a specialist, but I […]
The Truths About Passive Income
Brandon and I were recently talking about how we grew up playing Monopoly. We were remembering how great it felt to collect $200 every time we passed Go. Or how it felt to have a competitor land on one of your properties that had a lot of hotels on it. You got to collect a […]
What’s Your Statement of Financial Purpose?
Money influences everything in our lives: the choices we make, the opportunities we pursue, and the futures we envision. Not only is money management a survival skill of the 21st century, it’s integral to each of our personal growth journeys. When we’re fortunate enough to move beyond living paycheck-to-paycheck, we have an incredible tool of […]
Planning for a Mid-Career Job Exit
The decision to leave a job can be one of the biggest and scariest of life transitions. This is especially true when you’re mid-career and don’t have a nest egg to fall back on, or your nest egg is still very much a work in progress. If you’re planning a full-on exit from your job […]
Investing Doesn’t Need to be Fancy
Investing for your future doesn’t have to be complicated or intimidating. In fact, as we often say, the best investment plan is simple and boring. Most people at the start of their financial planning journey begin by tackling the big, overarching question of what to do with their money. When we work with clients on […]
What Can We Learn from Recent Bank Failures?
Last week’s bank crisis that caused the failure of three banks sent a powerful message rippling through the financial world: risk is a real thing. Since this type of event can kick off mass hysteria, I want to take a pause and examine what we can learn about how we manage our finances. I see […]
The Benefits of Diversification in Your Life and Investment Portfolio
I’ve been contemplating recently how we humans seem to have a tendency to define ourselves by one or a few things, be it our work, our family, our hobbies, or our beliefs. I haven’t dug into the research behind what exactly drives our personal identities, but I’ve certainly felt this on a personal level. The […]
What if I Don’t Have Any Big Goals?
Have you ever thought, “Financial planning isn’t for me. I don’t have any Big Goals.” Or maybe you are actively involved in financial planning but think, “I don’t have any Big Goals right now – why am I even doing this?” I hear you. I’m an example of a person who currently doesn’t have any […]
Why is it so easy to spend money?
It’s a month after the holiday season and looking at your credit card bill probably makes you cringe. All that money, gone. Sure it was to buy presents or go out to dinner with out-of-town guests or send your yearly holiday cards, but the amount still makes you feel hungover. Why is it so easy […]