Most businesses experience uneven income streams and most have no idea how to plan ahead for that and pay themselves in a predictable way. These tips will help you figure out how and when to pay yourself as a business owner.
It may seem strange that a financial advisor would advocate for you to go splurge on something – but one of my mottos is “Save First, Spend the Rest.” If we’re taking care of our future self needs, then it’s ok to splurge from time to time. Just make sure that you buy things that make life ridiculously fun.
The new year is always a time that we renew ourselves and take a look at new habits we want to create, changes we want to make, and look at goals we have for ourselves. Instead of simply doing the work to state our goals, I love the idea of working through objections our brain will put in our path to keep us in the safe status quo. Here’s an excellent worksheet you can use to set yourself up for success in 2021.
Because of the pandemic and with so much going on this year I think many folks have been searching for good financial information online to help them organize their financial life, make better financial decisions, and plan for contingencies and life changes. I’m grateful to be a source of unbiased and professional advice out there, so, I wanted to put together a list of the Most Read Posts from the year. In this post, I also detail some big wins and updates on North Financial from the year.
A question that’s been coming up with clients in their 30s and 40s lately is, “I keep hearing so much about compound interest, and I’ve been saving extra for years, but I don’t actually see the compound growth yet, what’s going on? When can I actually retire?” Check out this blog post for charts that illustrate how long it takes to see your investments compound.
Cady North recorded an episode of the iSmart Podcast with Tom Rogers where she shared more about the history of her career and her new book “The Resiliency Effect.”