Five Financial Planning Practices (You Should Begin Today)

There are certainly a lot of bad habits surrounding money in our culture, as evidenced by the fact that over half of American families live paycheck to paycheck.  Perhaps lower salaries or loss of income is to blame, but how much less would the impact be if the American public would adhere to a few financial planning “best practices” surrounding …

Are you financially proactive?

Steven Covey, in his best seller 7 Habits of Highly Effective People writes that the in order to be effective, you must “Be Proactive.”     Don’t blame others for your behavior.  Instead, focus your time and energy on things you can control. PREPARE(proactive) VS RESPOND(reactive) In counseling, the proactive coping approach denotes behaviors in which one will prepare for an event …

The Simple Millionaire Mindset

Recently we’ve encountered a trend among a sizable percentage of clients and non-clients alike.  It’s an attitude toward cash inflow that I’ve seen many times before but seems even more prevalent in today’s economy.  The Millionaire Mindset is the idea of paying others ahead of yourself, or better put, the “omission” of paying yourself first.   You’ve heard us label …

What are the purposes for recurring monthly sessions with a financial coach?

Would you be surprised to know that our most successful clients have monthly sessions? There are four main reasons why they are committed to staying engaged with us in the form of monthly sessions: 1. Monthly sessions inspire the discipline to create/set up the plan for the next inflow of cash.  If you’re following financial “best practices,” then every month, each …