For those of you receiving a nice check from Uncle Sam this year, here are 5 effective ways to use your tax refund.
Check out what I've been reading this month! Essentialism: The Disciplined Pursuit of Less is about spending your time and energy on the few things that really matter—a narrow but deep focus. “It’s about doing less, but better….”
All right, 2017, let’s get down to business. If you followed my advice in December and set your goals for the year, it’s time to take the next step and talk about becoming more mindful with your finances. There are a plethora of helpful how-to books and blogs on personal finance, but far more important to your financial well-being is improving your relationship with money. The behavioral side of money is much harder to understand and control.
This interesting article addresses the new and controversial DOL fiduciary rule in light of Johnny Depp’s personal financial debacle. I support holding more advisors to a fiduciary standard, but I also believe that at the individual level we need to be more engaged and aware of what’s going on with our finances. Click here to more of my thoughts.
Spending your money in the right way starts with understanding how you’re spending your money. Reviewing credit card and bank statements or using an online expense-tracking tool will help bring awareness to how you’re spending your money. If you don’t currently have a system in place, I recommend you give Mint a try. Check out my recommendations for best practices with Mint.
This month I’m focusing on student loans, a major planning consideration for many of my clients. I highlight below several insightful articles I’ve read recently on student loans. Enjoy!