Has your financial advisor lost you money? Maybe it’s time to lose your financial advisor. Breakups are never easy, and firing your financial advisor is no exception. But if you follow the right steps, the process can be relatively painless. One of the most important financial decisions we make is who we take financial advice […]
Are you looking forward to owning your own house? No neighbors connected to your walls, your own private backyard, a place you can paint whatever color you want (without management approval?!) Buying a home can be one of life’s most exciting events, but saving tens of thousands of dollars for a down payment can feel […]
You work hard to earn money, save diligently, and invest for the future. But do you actually know what your financial picture looks like right now, across every account you own? Knowing your net worth in real time isn’t just satisfying; research consistently shows that people who actively track their wealth make better financial decisions, […]
I’ve said no to a lot recently. The things I’ve turned down include: I’ve said yes to a few things too. But only if I can also answer yes to these three questions. Will This Move Me Closer to My Goals? I have big goals for the next few years. I want to expand my […]
If you’ve tried sticking to a budget, over and over again, but mostly failed, then maybe traditional budgeting techniques just aren’t for you. You don’t have to use your grandmother’s budgeting options, carefully assigning money to each spending category each month, then rigidly sticking to it. Delve into these alternatives to see if any of […]
It’s that time of year, and I’m lining up my New Year’s resolutions. Notice these are resolutions, not goals (I have those too, but they’re very specific, containing lots of actual numbers — my resolutions are more general). If you’re a resolutions kind of person, and you’re looking for ideas, consider the following. But don’t follow blindly. […]
The frugal living trend isn’t new, but it is growing. And the influencers are loving it. A quick Instagram search just threw up 966,000 posts tagged #FrugalLiving. It’s easy to see why. The cost of living crisis. Stagnant wages. Spiralling costs for education and healthcare — which are inevitably leading to higher levels of student and medical […]
Gen Z’s Update to Their Parents’ Playbook Turns Small Wins into Lasting Wealth Scroll through social media and you’ll find a flood of financial bad news, not to say doom and gloom, when it comes to Gen Z. According to Newsweek, for example, “Step, a modern financial platform designed for Gen Z, surveyed 1,500 respondents… […]
Whether we like it or not, every family is involved in its own version of a “family business”—the business of managing finances across generations. We worry about our parents running out of retirement savings, save for our children’s education, and navigate our own financial role in both of these responsibilities. Many of us find comfort […]