One of the great satisfactions of achieving financial success is the knowledge that you can provide opportunities to your children that you never had. But leaving them a large fortune can be a double-edged sword. It’s a cliché that the children of self-made men and women have no respect for the value of the dollar, […]
I noticed my son’s checking account was hovering dangerously close to zero. He has a teen account which means I have access to his information through our bank’s online portal, so I took a peek at what he had been spending his money on. After having a conversation with him to make sure something fraudulent […]
One of the problems I have with goal setting is that I often set too many goals. Indeed, I’ll make a whole list of goals I want to accomplish – only to have most of them fall to the wayside. That’s the problem with setting too many goals. Many of us can’t do that many […]
When it comes to finances, it’s important to not only think about the now but also the future.
Regularly setting financial goals, and mapping out a plan to reach those goals, is a practice that can transform your life. The problem is, while it’s fun to think of big goals and imagine your dream life, it can be hard to find the motivation to take action. And actually sticking with the plan once […]
The other day, one of my good friends was telling me about his money situation. To put it simply, he was waiting on his next paycheck to be able to pay for his son’s baseball pictures. I felt kind of bad for him, and my initial reaction was to start dishing out financial advice. You […]
