Most people believe that the best money decisions are grounded in analytics, economics, and rationality. Here’s the problem … Most people are also not rational when it comes to money. Knowing the numbers, doing projections, and planning are helpful. But, if this all you use to make choices you may ... Read More »
How Do You Balance Enjoy Today and Save for Tomorrow?
I recently saw an old Jerry Seinfeld bit on Night Guy and Morning Guy. He perfectly explains how Night Guy is always screwing Morning Guy by staying out too late. It made me think about how it could just as easily be Spend Guy and Save Guy (or Gal of course). Spend Guy is great at living for ... Read More »
Trusting Your Gut with Your Investments
I was recently talking with someone, we’ll call him Rob, who told me that he was investing in crypto currency based upon his intuition. It was feeling good to him, and he’s backing up this feeling with solid research. He asked whether he should trust his intuition for this or not. Rob brought up ... Read More »
Let’s Start Allowances for Grown-ups!
Did you get an allowance as a kid? If yes, wasn’t it so cool and exciting?! You might have gotten it for doing chores around the house (I don’t think they call them chores anymore...) Or, maybe like we did with our kids you got an allowance each week as a way to learn about money. If you ... Read More »
Ever Set Goals & Not Achieve Them?
You may have heard that only 9% of people actually hit their new year’s goals. Do you then beat yourself silly about it? Or are you just resigned to believing goal setting doesn’t really work? Think about your financial goals… Often people spend a lot of mental energy on wishing they had made ... Read More »
