Your Money Mindset is – in its simplest form – how you think about money. It affects your beliefs and emotions, so it plays a major role in your financial behaviors. According to Dave Ramsey, our behaviors are even more important than our knowledge when it comes to money: Financial Success = 80% Behavior + […]
Lately there has been a movement encouraging women to love their money and every Valentine’s Day, it crops up again. The concept counters the historical tendency of women avoiding (or being forced out of) financial dealings to the point of remaining unengaged in our financial affairs. So rather than approaching money with timidity, trepidation, or […]
A New York Times article, Why Some Teams are Better Than Others examined the intelligence of various groups and their decision-making. It asks an important question about the efficacy of groups: “Are some groups, like some people, reliably smarter than others?” In the study by Anita Woolley, Thomas W. Malone and Christopher Chabris, teams were given a […]
In my recent article in Money magazine, I discussed the difficult conversation that is necessary when a new dementia patient needs to hand someone else the financial reigns. In a situation that seemed to me – at first – hopeless, there was hope for a better way. “When Dementia Threatens a Family’s Finances” highlights strategies […]
One way to reduce anxiety around finances is to face your fears, I mean really look them in the eye. What is it that keeps you up at night? Is that scenario likely to happen? Is there a way to protect yourself financially from such a scenario? Most importantly, if there is a way to […]
