Time To Make Your Money Sweat So You Don’t Have To

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Money can be a bully. If we let it, money can control us. But you and I can learn to be in control of our money rather than letting it dictate to us. We all have limited time and ability. That’s one reason why it’s critical that we spend our time and effort on those things we can control. Sound obvious? It is, but think about how much energy many people spend on worrying about or trying to influence money matters they can’t change.   Take Control of Your Money For example, you can’t control time, but you can control the time you spend preparing […] Read more »

How Smart the Millennial Generation is Saving for Retirement

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Does it surprise you that the Millennial Generation (1980-99 birth dates) is a bigger generation than the Baby Boomers? In the United States, we have 76 million Baby Boomers and 87 million Millennials. And here’s another amazing fact. What do you think the average age in the U.S. is? Would you believe it’s 22? These facts, a conversation with a Millennial, and two reports from Dimensional Fund Advisors led me to these conclusions: 1. Millennials, now ages 15-34 are good but not genius retirement savers 2. Planning retirement savings isn’t any more critical than planning retirement consumption 3. The smartest savers, Millennials and other generations, […] Read more »

High Net Worth Individuals: Best Practices

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learn how to maintain wealth

Becoming a high net worth individual (HNWI) is one thing; maintaining that wealth can be quite another. Here are some simple but often overlooked best practices for maintaining wealth.  1. Think why before how Don’t even think about how to grow or maintain your wealth until you understand your goals, comprehend your long-term needs and put your situation in context. Think about your financial “pain points.” How important is it to ease that challenge or pain? How will making a financial move affect your family? Why will making a move make you better off than you are today? 2. Understand how all your finances fit […] Read more »