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 once thought of as trauma. What I’ve since learned is that...

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 Insider article by Zoe Ettinger. The flipside of these numbers—which...

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 understand why planning is so important. It’s less easy...

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 financial health. According to a Modern Healthcare...

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, post, “A case is mounting for a big drop in the stock...

Housing Market Shows Risk of Expert Predictions

Investment success requires that a person have a high tolerance for boredom, which means turning a deaf ear to the financial press’s investment panic-de-jour. It’s good for your financial health to avoid following the advice of prognosticating financial...