Watch this video on YouTube Last week’s column explored three fears that stop adult children from talking with parents about their estate plans, even though such conversations could greatly benefit both generations. These are: “It’s none of my...
Being unable to follow a budget or save for the future is “not a financial literacy problem, it’s an emotional problem.” This is how Rick describes the value of financial therapy in a new article in US News and World Report. He is one of several...
Watch this video on YouTube Over the years, I’ve noticed a commonality among people with money problems. Many of them are also overweight. Is there a relationship between overspending and overeating? Until now, I couldn’t be sure my experience was anything more than...
Watch this video on YouTube “I’ve never seen money passed from one generation to another in a manner that actually benefited the recipient.” When a psychologist said this to me several years ago, I was dumbfounded. Many parents scrimp, save, and...
Watch this video on YouTube “It’s not about the money.” This saying has become almost a cliché among financial planners and therapists who help clients address the emotional aspects of their relationships with money. We keep using this phrase because...