Managing Money

I just read two interesting articles about spending habits. One focused on boomers and the other discussed the differences in spending habits of boomers, Gen X, Millennials, and Gen Z. The latter article was based on data from Bank of America…

Normally, when you hear or say the phrase “to each his own” you are likely shrugging and recognizing that things can be different for different people. And it’s no big deal. But when it applies to your financial power of attorney document…

Oh, if we had only known then what we know now! We can say that about many things in life. August is Wellness Month, so I want to share some thoughts and a challenge for you about financial wellness. It’s a topic we have yet to embrace…

Are you tinkering with the idea of starting a new business? One of the most useful approaches I’ve encountered when it comes to starting a new business is the minimum viable product (MVP) methodology. The essence of an MVP…

If you’re living in the United States and are looking forward to retirement, you may want to be aware of important changes in the rules and regulations for retirement accounts that recently came into effect. On Dec. 29, 2022, the SECURE 2.0 act was enacted and designed to encourage…

Despite my long career in business, I suffered a major case of entrepreneurial amnesia. All the good advice I gave clients during my 35-year business career flew out the window when I started my own business. Let me prevent you…

Struggling to keep up with loan payments? You’re not alone. The average American carries over $6,000 in credit card debt and total consumer debt has reached record highs. Rising costs for housing, healthcare and everyday essentials have pushed millions into financial hardship…

Oh, blissful retirement! Is it a reality or is it a myth? You planned it all out – endless vacations, hobbies you finally have time for, and no alarms ringing at the crack of dawn. And voila! You finally retire! But instead of relaxation and joy, you find restlessness…

When many of us hear the word “LinkedIn,” we picture ambitious 20- and 30-somethings posting about promotions or sharing thought-leadership articles or what they learned at a recent seminar. But the professional networking platform isn’t just a place for them…

You’ve seen a lot. You’ve made good choices. You’ve learned from the bad ones. So, when it comes to money, it makes sense to want to feel sure about what you’re doing. But what if that feeling of certainty is exactly what’s keeping you stuck? And what if that certainty is preventing…