Times are tough. The stock market is setting record highs but the average American is still stuck in a recession. Many of us have been forced to downsize and are still struggling to meet our monthly expenses with no relief in sight. All of this stress and anxiety can take its toll on our health. [...]
I’ve teamed up with Farnoosh Torabi, personal finance expert, author & TV host, to do a study on money and relationships.
Participants earn the chance to win one of several $100 AmEx gift cards.
Take the Survey
“…inbred human propensities to swing from euphoria to fear and back again seem permanent… generations of experience do not appear to have tempered those propensities…”
– Alan Greenspan, Economist and former Chairman of The Federal Reserve
When it comes to investing, we are our own worst enemies. Rather than being dependent on quantitative [...]
“Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble… to give way to hope, fear, and greed… The investor’s chief problem and even his worst enemy is likely to be [...]
“Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble… to give way to hope, fear, and greed… The investor’s chief problem and even his worst enemy is likely to be himself.” – Benjamin [...]
As a dad, you’re a provider, teacher and coach. You look out for your kids, help them navigate the road of life and ultimately prepare them for a future in which they can take care of their own families. For parents of teens, part of preparing them for the future is being [...]
Getting clients to act is not easy, but highlighting the benefits of change should help get results.
As you’re dispensing advice, your client interrupts, “Yes, but…” You clarify, and he says: “Yes, but…” You remind him your advice will help him reach his financial goals. You warn of the consequences of inaction. He might agree, yet [...]
Clients may need your help discovering the childhood beliefs affecting their financial decisions today.
Every financial planner has had this experience. A client couple comes to you in some financial distress. And they came to the right place: This is what you do, and you’re good at it (if you don’t say so yourself).
After establishing rapport, [...]
Times are tough. The recession may be over on Wall Street, but no one has told Main Street. Budgets are still being trimmed, layoffs continue, and jobs are hard to come by. Many of us have been forced to downsize and are still struggling to meet our monthly expenses. All of this anxiety and stress [...]
Fourteen-year-old Emily was thrilled. After six months of intense lobbying, she finally convinced her parents to buy her a cell phone. Emily’s parents gave her a cell phone with the stipulation that she could use only 500 minutes per month. They warned her not to go over her minutes and showed her how to check [...]