Saving money can be stressful and, of course, it’s something that’s unavoidable. There are serious reasons why Americans cannot actually save money these days. One is that people keep upgrading their lifestyle despite growing income inequality. Impulse buying and love of luxury can also become real burdens if your goal is saving money. On the
When my husband and I first started building a life together in our 20s, we treated our money the way too many young couples do: We bought what we wanted, made an unenthusiastic effort to save, and crossed our fingers that everything would work out for the best. Not surprisingly, things didn’t always turn out that great.
So often, we think of investments as being purely about dollars in and dollars out. If you put $10,000 into an investment with an average return of 7% a year, how much do you make after ten years? Is it better to pay taxes on that money now when you put it in or when
Business leaders tend to be good at many things, but they’re not always good at staying on top of their personal finances. Of course, it’s not that they lack ability; it’s just that they get caught up in their business finances, which aren’t quite the same thing. I think a lot of entrepreneurs, executives, and
Erica writes in with a question for the Mailbag that wound up with an answer that was just too long: My husband and I are film buffs. We watch a movie almost every night together and sometimes have movie marathons on the weekends and our walls are covered in film posters. However we have a
Any time I think about the best way to take care of the people who come to me for advice, I get the same picture in my head. It’s of a group of professionals heading down one path together, all focused on what’s best for the client and working as a team to make that