Recovery From Financial Trauma
When you hear the word "trauma," what comes to mind? The death of a loved one, severe injury or illness, a natural disaster, physical or sexual abuse, wartime combat? These are the things that I...
The Financial Freedom of Owning Less
"Money is freedom." This popular money script contains considerable truth. Having money can provide a lot of options and flexibility that are not possible without money. However, since all money...
Why We Avoid Getting Advice From Financial Professionals
One in four Americans didn’t get a routine medical checkup in 2019, and 3.3 million Americans have never had a regular checkup. These alarming statistics were presented in a March 18, 2020, Business...
Monthly Child Tax Credit Payments: Understand The Options
In July, families eligible for the federal Child Tax Credit will begin receiving monthly payments instead of waiting to receive an annual credit when they file their 2021 tax returns. One parent of...
Frugality Syndrome: Making The Shift From Saving To Spending
I have exhibited tendencies toward pyromania most of my life. As a Boy Scout, my favorite activity was starting and stoking a campfire. As an adult, my best birthday gift ever was a flame thrower...
How Much is “Rich?” Income Vs. Net Worth
How much money does it take to be wealthy? As I've pointed out in previous columns, this is basically an unanswerable question. It depends on too many variables, such as social norms, personal...
Why We Don’t Plan For The Inevitable
Why do we put off taking action that is important to our financial health? Last week we explored some of the financial "emergencies" that can be avoided with planning or prevention. It’s easy to...
Avoid “Emergency Room” Financial Planning
"An ounce of prevention is worth a pound of cure." Most of us are familiar with this tidbit of immense wisdom. That doesn't necessarily mean we follow it when it comes to either our physical or our...
Market Crashes To Be Expected, Not Feared
A lot of stock market experts are concerned that the market is overheated and ripe for a new bear market. One of those expecting a bear market is Shawn Williams of Motley Fool, in a May 8, 2021,...
Why Paying Executor Is Fair To Estate And Heirs
Does the executor of an estate deserve to be compensated for that service? Absolutely. As last week's column pointed out, serving as an executor is often a time-consuming, emotionally draining task....
Financial Therapy Podcast Launch
Kahler Financial Group is excited to announce the launch of our brand-new podcast, Financial Therapy - It’s Not Just About The Money, with Rick Kahler. Rick will blend the nuts and bolts of...
The Dubious Honor Of Serving As Executor
I recently heard from a former client who wanted to reengage our services. Naturally, I asked her why. "I was named the executor of my father’s estate last year, and I now have a huge appreciation...