Money And What Makes Life Worth Living

What makes life worth living? This question is at the heart of financial life planning and financial therapy. I remember my late mentor Dick Wagner, CFP, talking about reviewing a person’s financial statement during a visit to Japan. Along with the normal...

Digging Yourself Out When You’re Financially Stuck

Last week’s column on being financially stuck focused on getting help. But what if, for various reasons like affordability or availability, outside help isn’t a practical option? There are some steps you can take yourself to begin getting financially...

Asking For Help When You’re Financially Stuck

What do you do as a driver if your car gets stuck in the mud or a snowbank? You probably try shoveling, rocking the car back and forth, or putting something under the wheels. Sometimes, though, you can’t get unstuck by yourself; you have to call for help. What...

Fearing The Money May Run Out: Money Vigilance

The fourth and final category of Money Scripts in this series is Money Vigilance. Those with Money Vigilance scripts tend to be watchful and guarded about their finances. They will commonly have beliefs such as, “You should not tell others how much money you...

Teaching Money Skills Essential For 21st Century

For our ancestors, even as recently as the 19th Century in many places, survival skills were hands-on. If you didn’t know how to build a house, farm, hunt, butcher animals, sew, and cook, you couldn’t provide well for your family. Money skills were largely...

How Healthy Life Habits Can Save You Money

Is maintaining good physical health a worthwhile investment? The statistics suggest that in the long run, poor health will cost far more than the money or time it takes to maintain good health. Most of us might say we agree with this conclusion, but our behaviors say...