A lot of people use the term “financial plan” to refer to “a savings and investment plan.” I always wince. I’ve yet to meet someone who says, “My life goal is to save and invest money.” What people tell me is, “I want to save and invest money so that one day I can …” …
This weekend, golf fans everywhere are watching The Masters. The world’s best players—legends like Tiger Woods and Dustin Johnson, as well as younger pros like my man, hometown hero Sam Burns—are showcasing their flawless golf swings. (They make it look so easy, don’t they?) In between all the jaw-dropping shots, golf fans will also “ooh” …
Each year the college basketball season concludes with a tournament known as “March Madness.” Part of the appeal is that there’s often a team from a small school that gets on a roll and beats several heavily favored opponents. Fans love these David vs. Goliath storylines. This year, in the men’s bracket, the unlikely underdog …
If you typed the word “inflation” into your favorite search engine, you’d get over 380 million results. Whew. That’s a lot of reading. Let me save you time and confusion. Here are short answers to the five most common questions people ask about inflation. 1. What is inflation? In simple terms, inflation is when our …
Why would anyone want to get out of debt? Think about it. You borrow money. You get to use that money now. Then you get to pay it back slowly, over time. Who wouldn’t want that deal? You might expect a financial planner to say getting out of debt is what everyone should do, ASAP. …
If Hollywood made your life into a movie, would people want to watch it? Author Donald Miller got me thinking about stories, characters, and plots with his terrific new book Hero on a Mission. Drawing inspiration from great story tellers of the past, Miller argues that all great stories have four primary characters: the victim, …
One of the common questions I get from new clients is, “How am I doing financially . . . compared to everyone else in my situation?” Something in us loves to compare—and do whatever “everyone else is doing.” When it comes to finances, this is rarely wise: Right now, some 2 million homeowners are three …
I’m pretty sure National Lampoon’s 1985 movie “European Vacation” was based on my family’s 1972 trip to the same destination. Both were comedies. Back then, European borders and currencies were as numerous and confusing as a Byzantine map. To this day, I have no idea where we were when I tried to mail that postcard. …
Over the last ten years I’ve lost about 100 pounds. Okay, it’s actually the same ten pounds, gained and lost ten times. Blame it on the holidays, I guess. Sweet people sending me sweets. My wife’s deadly—the good kind of deadly—pecan pie. Hey, I’m not complaining. I love all that delicious stuff. But New Year’s …
I have no idea how many dieting books, fitness club memberships or getting-organized supplies are sold during the weeks just before and just after New Year’s Day…but I suspect it’s a big number. Something about a new year suggests a clean slate – a fresh opportunity to do it again, only this time get it …
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