Wealth Health BlogThoughts on all things Wealth Health - especially Cash Flow, Investing and College Planning
$1.5 Billion. What would you do with that kind of money?
I was asked this question by our local NBC station – KSBY-TV. My answer was partly about the money but also a lot about how your life will change. In a nutshell …read more
Health Care – You can’t afford it and you can’t afford to go without it. That sounds a bit like what we used to (jokingly) say about living with members of the opposite sex.
Obamacare ostensibly was supposed to fix skyrocketing health care costs. I knew that wasn’t going to be the case and the data has proven me out. While it used to be that the cost increases were absorbed by the employer, more and more of those costs increases are being passed off to the consumer.read more
Happy Holidays to all in the Wealth Health community.
Wealth Health is all about the daily decisions that affect your Quality of Life. While society teaches us to want more stuff, my wish is that you are blessed with richer relationships and memorable experiences during this special time of the year.read more
“Should I lock in my mortgage rate now … or wait?”
It always seems I have a client or two who are in the midst of refinancing their home mortgage. From time to time (like now), someone I work with is even lucky enough to be going through the home-purchase process. Inevitably, it always comes back to the mortgage rate-lock-timing question.read more
Forecasts are for losers – both those who express them and especially those who heed their advice.
It must be something in the holiday eggnog. Every year at this time, smart people feel the need to speculate on where the economy and the stock market will be a year from now. It’s silly to think that anyone can predict the future, but fully grown, well-educated professionals still fall victim to the urge every December and January.read more
If you only do one thing to improve your Wealth Health, what should it be? If you’re already paying attention to all six of the Wealth Health BASICS, the answer might be, “Ignore the News Headlines.” Here’s why:read more
Jess Whittlestone is a grad student and independent writer. Through different techniques, tricks, and systems, she found ways to procrastinate less and get more done – the essence of productivity, but Jess points out (article in Quartz) that what we REALLY need to do is step back and rethink the whole process.
Getting more things done does not necessarily translate to “doing better.” Maybe we should focus attention on something else.read more
There are lots of moving parts to your personal finances, but taking control of your money isn’t complicated. All you need to focus on are these Wealth Health BASICS (an acronym for the six primary principles of good Wealth Health).
Embrace these and you can’t help but make great choices with your money and enjoy a better Quality of Life:read more
In 2002, I was doing business coaching and could see that my clients each needed a financial plan. I could see it, but they couldn’t because a financial plan isn’t the be-all and end-all of personal finance nirvana.
While financial planning professionals (especially those with the CFP® marks after their name, like me) are trained that the plan is everything, the truth is it is only a tool; a very important – even critical – tool, but a tool just the same. The financial plan is NOT even the first stepread more