Feeds:
Posts
Comments

Archive for August, 2010

A Poe-tic Tale: Gurus of Marketing

Posted in Savings, tagged , , , on August 20, 2010 | 7 Comments »

Why is it so difficult to save? What is in spending today that cannot wait? Surprisingly, the answer in not so much a financial one but much more one that is sociological and psychological in nature. Much of the answers lie in how we, as a society, react to the titillations carried through media that [...]

Read Full Post »

Planning Lessons from a Hall of Famer

Posted in Financial Planning, tagged , , , , , , on August 18, 2010 | Leave a Comment »

I was fortunate enough to spend a weekend earlier this month with my father at the Pro Football Hall of Fame induction. We attended as a guest of one of the enshrinees, Emmitt Smith, the NFL’s all-time leading rusher.  The weekend was amazing to say the least, from meeting some of the game’s all-time greats [...]

Read Full Post »

Downgrade Your Lifestyle and Upgrade Your Future

Posted in Credit/Debt, Financial Planning, Investments, Retirement, tagged , on August 17, 2010 | 1 Comment »

Recently I was explaining to one of my staff members that I had decided to drop one of my two fitness studio memberships and save about $40 a month. She said, “So you’ve chosen to “downgrade your lifestyle to upgrade your future.” It was a perfect phrase for the process of achieving financial independence. People [...]

Read Full Post »

Taking Your Temperature

Posted in Credit/Debt, Home Ownership, Values, tagged , , , , , on August 16, 2010 | 1 Comment »

Well the last couple of weeks have been interesting in the Baker household. One of the more interesting occurrences happened on a recent Friday afternoon. If you are familiar with Atlanta at all you can easily imagine what the interstates look like on Friday afternoon. So there I am cruising along Highway 78 on the [...]

Read Full Post »

Make Money a Servant to Your Life

Posted in Financial Planning, tagged , , , on August 13, 2010 | 6 Comments »

It has been often said that money is a wonderful servant, but a horrible master. While each individual boasts a different definition of financial success, people that treat money as a servant to their life tend to enjoy a much higher degree of happiness and satisfaction. As mentioned in a previous post (Peaks and Valleys), [...]

Read Full Post »

Who Moved My Stool?

Posted in Financial Planning, Retirement, tagged , , , , , , , , , , on August 12, 2010 | 3 Comments »

One of the first lessons I learned as a new financial planner was the concept of the “three-legged stool.” Now, this was the very first time I had ever heard of this piece of furniture and I was thrilled to know that I had one. I took great interest as my instructor discussed how the [...]

Read Full Post »

Making Values-Based Decisions

Posted in Medical & Health Issues, Values, tagged , , , , , , , , , , , on August 11, 2010 | 2 Comments »

Making decisions based on values is not as easy as I would like. I just finished two books that help you make decisions based on your values. Each of the books has a different approach, but the approaches are complementary. I recommend both books. Nudge:  Improving Decisions About Health, Wealth, and Happiness, by Richard H. [...]

Read Full Post »

Financial Beginnings – Taking Off

Posted in Banking, Budgeting, Estate Planning, Financial Planning, Investments, Retirement, Savings, tagged , , , , , , , , , , on August 9, 2010 | Leave a Comment »

This is the 3rd installation in a 3-part series This is the third and final blog in a series for those in the beginning stages their financial lives, and the pitfalls, learning, and strategies at each stage of starting out. Previously, I observed the potential for a lost generation of investors that I see mostly in [...]

Read Full Post »

Defining Financial Wellness

Posted in Financial Planning, tagged , , , on August 3, 2010 | 5 Comments »

What does financial wellness look like? A lot is written on the symptoms and consequences of poor financial health. These days we are surrounded by news stories of financial disease in individuals, corporations, and nations. Financial instability seems to be the new normal. A recent survey done by Jean Chatzky found that 15% of US citizens are insolvent [...]

Read Full Post »

« Newer Posts

Follow

Get every new post delivered to your Inbox.

Join 3,152 other followers