“Pleeeeeze?” Your nine-year-old daughter has spent her allowance but is begging you to buy her a toy she “just has to have.” “I really will pay you back this time. I promise.” Your 30-something son, despite a history of non-payment that would make a banker flinch, is asking for another loan to get him out […]
“Money is meant to be spent!” “Money is meant to be saved!” We may not hear talk-show participants shouting these opposing views at each other with the same level of anger that characterizes some of our political rhetoric. Yet the core polarization that pervades so much of today’s society also shows up in people’s beliefs […]
Most of us would probably agree that money skills are 21st Century survival skills. Yet, even with all the importance we put on money, most of us know darn little about what we personally believe about money and the relationship we have with it. One reason for this avoidance is simply not knowing where or […]
“Save more, spend less, and don’t do anything stupid.” According to the late Dick Wagner, CFP, this sentence summed up financial planning. Simplistic? Certainly. But it also contains a great deal of truth.
Making sound money decisions is fundamental to financial and emotional wellness. One component of that decision-making is applying logic and rationality to a set of known facts. Easy, right? Not necessarily.