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Change Money Behavior With Financial Therapy Tools

Problematic money behaviors are never about the money. Frequent readers of this column have seen me write about that over and over again. Suggesting cognitive action steps can only resolve about 20% of these behaviors. Take, for example, the challenge of making...

The High Financial Cost of Gray Divorce

I spend a lot of focus helping my clients protect their hard-earned assets from the reach of a frivolous lawsuit. The chance of such a lawsuit in the US is always a risk when a person with a nest egg is perceived as “rich” and someone who “could...

Warning Signs of Untrustworthy Financial Advisors

A financial advisor that you feel you can trust is not automatically one who is trustworthy. Making that distinction can be crucial to your financial well-being. “Feeling” that a person is trustworthy or “listening to your gut” is not a safe...
How Much Does It Take To Be Rich?

How Much Does It Take To Be Rich?

HOW MUCH DOES IT TAKE TO BE RICH? November 12, 2020 | Larry Light What’s the amount of money do you need to have to be considered wealthy? If bad economic times are ending—no guarantee here—then maybe it’s kosher to ask. A lot of people would like to be well-to-do,...

Political Bets As Risky as Stock Market Timing

As an admitted political junkie, I am among the “fans” for whom a US Presidential election is similar to football’s Superbowl or soccer’s World Cup. This year, I found a way to combine my interest in politics and my competitive, entrepreneurial...