Awareness

The pastor and the flood: A parable on who can save you

I use the story about the pastor and the flood to ask who you’re waiting for to come to your aid. Is it someone else, or is it you? My dad used to tell this story. It was meant as … Read MoreRead More

The affiliate trap: How professionals can lose both trust and income

Amazon just severely changed its commission rate, showing how easy it is to lose not only trust with affiliate marketing, but also income. There are many ways that flout conventional wisdom in building my financial coaching business. For one thing, … Read MoreRead More

The alarm and the weighted blanket

There are two methods of helping people make meaningful change in their financial lives, which I call the “alarm” and the “weighted blanket”. Your financial situation is like a bed. We’re each lying in ours. (Or sitting. Or reading. Or … Read MoreRead More

Offense and defense: What chess can tell us about financial wellness

So much financial advice relies on defense, such as reducing spending, but you need a good offense plan too. Just like in a game of chess. I confess I’m not much of a sports person. I collected baseball cards as … Read MoreRead More

Time to plan for the unthinkable

Now that we’ve seen firsthand how the unthinkable can happen, we need to prepare for other situations that can (and probably will) happen. By now, we’ve all been dealing with “the unthinkable” for many weeks now. “Nobody” thought this could … Read MoreRead More

Why you want to keep a list of how you pay bills

Keeping a list of payment sources, what you use to pay bills, will eliminate any payment issues when you inevitably have to update your info. I find that a good deal of people’s money anxiety can be traced to feeling … Read MoreRead More

The uncommon color of the swan

I don’t how to talk about the current health crisis better than anyone else, but I still want to acknowledge the reality we’re living in. I don’t know if you know this, but black swans do in fact exist. Unfortunately, … Read MoreRead More

What does the data say? Reading The National Study of Millionaires

I review the National Study of Millionaires, the largest study of millionaires ever undertaken, by Chris Hogan and the Dave Ramsey team. Not too long ago, I reviewed the book “Everyday Millionaires: How Ordinary People Built Extraordinary Wealth—and How You … Read MoreRead More

How to create buckets in an Ally savings account

Ally has just added the ability to create Buckets, flexible sub-accounts that allow you to save for particular goals. Here’s how to use them. I guess you could say that I’m a pretty big fan of Ally. Maybe it’s that … Read MoreRead More

Don’t let money be your excuse

Not having money can make things more difficult, but you can modify your goals to be more achievable, once you know what your excuses are. I’ve long wondered whether you don’t really like to travel as much as you say … Read MoreRead More