Unequal Pay, Equal Say (Video)

When you are married, both you and your spouse have an equal say in the family finances! It doesn’t matter if you make 100%, 50%, or 0% of the income. As far the state is concerned, if you are legally married, you have an equal share of the family’s assets.  But if one partner feels entitled to a greater say in …

overdraft protection, Christine Luken, Financial Lifeguard

Overdraft Protection: Blessing or Curse? (Video)

If you are constantly overdrawing your bank account, overdraft protection may seem like a great idea… But in truth, it’s simply allowing you to ignore the problems of overspending and failing to balance your accounts. I recently interviewed a military mom for my book, Money is Emotional: Prevent Your Heart from Hijacking your Wallet, on this subject.  Her husband had always handled the …

Dear Younger Me

The song, “Dear Younger Me,” by MercyMe, has been stuck in my head recently. The song is full of advice the singer would give to his younger self. So I wondered: What money advice would people want to give their younger selves? So I posted the above picture of me and my best friend, Nicholle Bays, with this caption on …

Don’t Rob Your Retirement (Video)

Borrowing from your 401(k) is robbing you of a comfortable retirement. Many folks treat their 401(k)’s like a personal ATM. Why is it a bad idea to withdraw cash via a 401(k) loan from your retirement to pay for things like your kids’ college, home improvement projects, a vacation, or pay off debt? You’re essentially robbing your future self of a …

Lottery or Lightning Strike? (Video)

Did you know that you’re 251 times more likely to be struck by lightning than to win big in the lottery? Your odds of winning a $500 million jackpot are only 1 in 175,000,000! You’re more likely to get rich slowly than quickly. The odds aren’t even that great for winning a measly million dollars these days (1 in 5 …

Summer Coaching Special!

Summer is my favorite time of year: swimming, golfing, picnics, and fireworks!  Summer is also the perfect time to begin your journey to your Preferred Financial Destination, because I’m running a special deal for new coaching clients! Money is emotional, yet many people attempt to manage their personal finances logically and become frustrated when they fail. My Mindful Money Management …