Personal financial insecurity isn’t always caused by a lack of financial resources it’s more often caused by problems allocating those financial resources. The reason this happens is because we’re not taught to plan ahead and map out where we’re going. So...
The Oxford English Dictionary defines resilience as “the capacity to recover quickly from difficulties; toughness.” During uncertain times like these we all can stand to build more resilience in our lives and our finances. I know many are wrestling with job...
I have a business degree from Harvard and a fantastic career and I’m ashamed to admit that I don’t know how to manage my own finances. I’m a professor at a state university and I feel terrible that this is an area I know nothing about. I’ve got two degrees...
Most businesses have no strategy when it comes to paying themselves. Some businesses take random amounts of money out of their business when they need it. Some don’t draw any boundaries between business and personal accounts and instead take funds from either...
We’re all still spending a lot of time at home. And for many of us, that means our spending habits have continued to shift. I’ve helped a lot of my clients think through moving to a new place, buying a car or bike, or changing jobs in the last year. Some trends...
One of the biggest challenges in acting on our big dreams is this: it’s a part of our human nature to focus on self-preservation. Our fear of making big changes has been explored in scientific studies about behavioral economics. William Samuelson and Richard...
