It’s Okay to Want Things

Guess what? It’s okay to want things! The discussion of needs versus wants is a very interesting one, and unfortunately, many people get it wrong. There are really only a few things we truly need as humans. We need safety, we need shelter and clothing, we need food and water, and we need love. Anything beyond this is a want. …

The Five Love Languages of Money

Understanding the five love languages of money will improve your relationship with your finances and your significant other. You’ve likely read, or at least heard of, the classic relationship book, The Five Love Languages, by Gary Chapman. It discusses the five different ways people prefer to receive love from the important people in their lives. When one of my mentors …

how many savings accounts should I have

How Many Savings Accounts Should I Have?

How many savings accounts should I have? It’s a question I get asked quite frequently. Some money gurus advocate for just one account and others say you should an account for every savings goal. I fall somewhere in the middle of these extremes. Here’s my short answer: you should have at least two, and if you’re self-employed you should have …

Never Buy a New Car Myth

Have you heard the “never buy a new car” myth? If you’ve read almost any book on personal finance, it probably contains a chapter on why it’s financially smart to only buy used cars. I get the sentiment, because I do see people buying cars, both new and used, in ways that damage their financial situation. But is it really …

More Money Means More Responsibility

If you want more income, you better think about the flip side! More money means more responsibility, not just more fun. If you want to grow and keep your wealth, it comes with more responsibility. They’re a package deal! There are some things you’re going to have to stop doing and some things you’re going to have to start doing …

How to Optimize Your Income

When I recently polled my LinkedIn followers about their financial goals, “Optimize your income” scored the majority of votes. It makes sense because income puts more muscle into building up your savings and paying off your debt. Notice I didn’t say increasing your income. Why? Because there are plenty of ways to increase your income that might not be desirable. …

3 Big Benefits of Creating a Vision Board

I’m such a believer in the benefits of creating a vision board, that I have two, not just one! A vision board is simply a collection of images that represent your ideal financial future. It’s a fun, but mandatory, homework assignment I give all of my coaching clients. Why? Although there are numerous benefits, here are my top three. 3 …

Worst Financial Advice You’ve Received

“What’s the worst financial advice you’ve received?” I recently asked my friends and followers on social media this question. There’s an avalanche of financial information online (and from real, live people), but not all of it is good advice. In fact, some it is downright dangerous to your financial health. Here are some doozies people shared with me, so you …

Say No to Money Requests (Nicely)

Having to say no to money requests tops the list of awkward conversations. A friend or family member asks to borrow money or wants you to co-sign a loan for them. You don’t have the money – or you just plain don’t want to. You know lending money can change the dynamic of the relationship and lead to resentment if …