It is not enough to simply wish “to retire rich” and cross your fingers that you will somehow get there. It is essential to define your financial goals to give yourself a clear picture of where you’re heading and what needs to get
The holiday season is fast approaching. Planning your upcoming expenses is an essential exercise so you can stay on the right financial track. It will also help you relieve the knot in your stomach as you open your credit card statements in January. As they say, “fail to plan, and plan to fail”.
“How would you describe the current state of your finances, using 4 or 5 adjectives?”.
That’s one of the questions I always ask my new clients when I meet them in my money coaching practice. This single question can reveal a great deal about how you are currently managing
In recent years, lenders have been consistently recommending the homeowner’s line of credit (HLOC) to consumers. On the surface, it looks like a great financial product since it gives homeowners quick access to their home equity at a low interest
As adults, the way we deal and think about money today is what we were taught at a much younger age. We all learned about money from our parents, either directly or by observation. Those lessons influence our financial decisions our entire life, whether we are aware of it or not. Therefore, it
As a consumption-focused society, we are constantly bombarded with the message “Buy Now, Pay Later”. All you need to do is pick up your weekly flyers bag and count how many “Buy Now, Pay Later” ads you find inside. I did the exercise myself a few weeks ago and I found
What’s the first step you need to accomplish before you can change any behavior? You have to obviously be aware of the behavior in question. That is why financial awareness is crucial if you want to change the state of your money. Essentially, you need to have a crystal clear awareness of where
As the old saying goes “Cluttered space is a cluttered mind”. The same applies to your finances. When you are lacking coherent organization or you have a messy financial system, it can lead to poor financial decisions. That’s because you are unclear about where you stand, you don’t know what bills
Do you often wonder where all your money went at the end of a pay period? Are you living from paycheck to paycheck? Is your spending out of control?
If you answered “yes” to any of these questions, a financial detox might be just what you need to get your financial life back on track.
A detoxification process
During the holidays I spent some time in sunny Florida and I had brought with me the book “Daring Greatly” (by Brené Brown) to read while relaxing at the beach. I heard about it when she was interviewed by Oprah last year.
The topic of the book revolves around vulnerability and how it is NOT a