1-minute video: What’s the Difference Between a Will and a Living Trust? Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). A deeper discussion about the topic of estate planning may also be found here rather than repeat it here. The linked article […]
Tag Archives | behavior management
1-Minute Video: How to Set and Keep Financial Goals
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). The video discusses the fundamentals of goal setting. But where (what) is the goal post for retirement planning as a goal? There’s more to it than simply saying I’ll retire and income will come […]

How Social Security Benefits Keep Up with Inflation for Those Working or Retired
With inflation dominating the news, people may be developing more than a passing interest in how the Social Security cost-of-living adjustment (COLA) is figured for inflation’s effects on the loss of purchasing power of each dollar. Whether it’s a matter of simple curiosity or an effort to maximize benefits through strategic claiming, people should know […]

What’s the AIM of both investing and planning?
The aim of retirement planning while working is to accumulate shares. The aim of retirement planning once retired is to conserve shares! Both working or retired, the aim is share management! The value of each share goes up and down over time. Shares are the store of wealth. Dollars are simply a measure of spending […]

Timeless nuggets of wisdom! Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness
Psycholology of Money: Timeless Lessons on Wealth, Greed and Happiness by Morgan Housel is a timeless work about how our feelings, emotions and interactions with money often results in different outcomes for different people – because people are different. So, insights into how to think and behave about money is instructive. You may think you […]
1-minute video: Is (a Little) Debt a Good Thing?
1-minute video: Is (a Little) Debt a Good Thing? Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). I make a subtle, but important distinction, with debt categories in the post “Basic Steps to Reducing Debt.” I refer to both education and car […]

Investing? What’s the Bigger Picture?
Many people don’t see the big picture of investing. They can’t see the forest for the trees! Below are three (3) big picture things when it comes to investing. Many focus so much on returns NOW instead of what investing is supposed to do for them over the long term. Markets are always uncertain. The COVID-19 Coronavirus pandemic […]

What fear can teach us
Your Fears are the stories you tell yourself … the outline of fear mirrors the outline for story telling. Here are some key points Karen makes in the video below. Fears focus on a fundamental question … what will happen next? The answer often focuses on the story about all the things that might happen […]

The true source and cost of delaying savings
What is the true source for the cost of delayed savings, or the cost of waiting? Most articles focus on the lost dollars, which is true. But why are those dollars lost? Please read the insert below (and a link to the post in case those who get these by email can’t access the embedded […]

The Illusion of Steady Income?
Most people have the illusion that they have steady income. This is another example of recency bias (as it relates to income in this post) where people have become accustomed to their current income and forget it wasn’t always as it is now. It may have been lower, or even higher for some. Want to prove […]