Can a Book Save Your Marriage?

Can a book save your marriage?  Maybe…  I was so blessed and humbled to receive the following review from one of the early readers of my book, Money is Emotional: Prevent Your Heart from Hijacking your Wallet. “Money is Emotional changed the financial temperature in my home. I began to give up hope on the idea of having a financial …

Make It a Treat (Video)

I recently read the book, “Happy Money: The Science of Smarter Spending” by Elizabeth Dunn and Michael Norton.  The authors made the  interesting discovery that people enjoy purchases like fancy lattes, Belgian chocolate, and massages MORE when they had them LESS often.  Why is that? When something is an occasional treat, rather than part of your routine, you have more happiness and …

Pay Debt, Save for Retirement, or Both? (Video)

Here’s a question that I frequently get asked by my coaching clients: “Should I stop investing in my 401k while working to pay off my debt?”   In most cases, the answer is no. If someone’s budget is really tight, even after trimming non-essentials, then it may be wise to temporarily suspend 401k contributions. Here’s why I want you to keep …

The Benefits of Cosigning a Loan (Insert Sarcasm Here) Video

There are many “fun” benefits that you may reap when you cosign a loan for a friend or family member and put yourself on the hook for their debt.  There’s upwards of a 75% chance that you’ll get to pay the loan yourself. You’ll have the pleasure of dealing with bill collectors, liens, garnishments and bank attachments if you don’t …

No Shame in Asking (Video)

I have quite a few coaching clients who preface their question to me with phrases like the following: “I’m embarrassed that I don’t know this but…” “This is probably a dumb question, but…” “I know I should probably know the answer to this, but…” Here’s what I want to say both to you and my clients: There is NO shame …

Pawn Shops are Not All Fun and Games (Video)

TV shows like Pawn Stars make it seem like pawn shops are all fun and games. However, most of what these programs show are people selling their cool and unique items. What’s the difference between pawning and selling?   Selling is straightforward: we agree on a price, I give the item to the pawn shop and they pay me cash …