Author Archives:
Why Financial Knowledge Isn’t Enough
I was reviewing my notes on the last 10 people that I have talked to about debt levels that they feel are overwhelming enough for them to contemplate filing bankruptcy. Along with having high levels of debt, there is something else each of these 10 individuals have in common. Knowledge. They all knew that they [...]
8 Reasons Why it’s Now Better to Rent
In the last month, I have had at least 4 people in the early stages of their career tell me that they plan to rent rather than buy a home because they feel that home ownership is “just a myth” now. They made compelling arguments as to why they prefer to rent rather than purchase [...]
Investing: The Benefits of Starting Young
Over the past few weeks I have had the opportunity to meet with a number of people who are recent college graduates just starting their careers. Boy, has the world changed a little bit since I graduated! The first thing I noticed is that starting salaries today are what managers’ salaries were when I was [...]
Financial Blind Spots Can Come Back to Haunt You
Spoiler Alert: Watch this video before reading this blog: There are a few reasons that I found this video particularly interesting (which means I’ll probably talk about it in a few blogs). The first thing that struck me was the concepts of “blind spots.” When I watched the video for the first time I didn’t [...]
Family Drama and Your Will
I recently had a meeting with a woman who said she had a “simple question” about wills. She was the last person I was meeting with that day, so I relaxed and got mentally ready for a simple question which would be followed by a quick workout and dinner. My brain was just about to [...]
