When headlines are scary, it can be easy to slip into being reactionary with your money. There’s an impulse to *do something* rather than stay the course. This is, partially, because we want to feel like we’re in control when so much of the world feels outside of our control.
If you’ve accidentally deleted or misplaced a financial document, then you already understand the importance of backing up crucial files.
Most people know loosely what values are important to them, but when asked, they freeze up. It can be tough to define your top five or top ten values (especially if you have to order or prioritize them). However, finding time to define your purpose and your “why” before building a financial plan can help you to align your wealth with your values.
The “money illusion” refers to how we view our buying power today versus in the future. Are you falling victim to this potentially dangerous ideology?
In the many years that our team has been practicing financial planning, we’ve worked with a long list of couples to help them set shared financial goals, and create a money management system that allows them both to thrive. Our experience has shown us that, in general, there are three key tips to follow when managing money as a couple.
Do your New Year's resolutions need a little tune-up already? Not to worry. Consider these 6 tips to get your financial health in shape.