I have to say, I have a love/hate relationship with life insurance. When it’s done right, life insurance is one of the best ways to ensure your family’s financial security. But it’s often sold by companies and insurance agents who don’t have your best interests at heart, which all too often ends with you paying Read more about The New Parent’s Guide to Life Insurance[…]
Net worth is the number you get when you add up all the things you own (bank accounts, investments, property) and you subtract all the things you owe (student loans, credit cards, mortgage). This is your net worth or your personal balance sheet. I like the term personal balance sheet, in lieu of net worth, Read more about 7 Reasons Why I Charge Based On Income & Net Worth[…]
Save? Spend? Or both? In my work with younger clients, that’s one of the main conflicts I see: The desire to prepare for the future and save versus the impulse to live for the present and enjoy earnings now. People know that nobody is promised tomorrow, but they also don’t want to live out their Read more about 5 Secrets to Saving for the Future While Enjoying Life Now[…]