It is important to create a support system to help with the emotional, physical and financial wellbeing during stages of retirement and find trustworthy people.
Few topics around money generate more emotions than taxes. Let’s take a look at a few of those money scripts that can actually cost you money.
Just look around at your circle of friends and family, and you can likely spot a slew of problematic money behaviors. Why are these behaviors so hard to change?
Several months too late to use any of those helpful tax-saving strategies from your accountant. This is what I call Emergency Room Financial Planning.
Imagine this scenario: You get a call one morning from your elderly mother, who lives independently but can no longer drive. She needs a ride to a medical appointment that afternoon. You respond that your afternoon is tied up with client appointments, so you can’t take her. What do you do?
State laws provide for compensation for executors. Given the challenges of the job this makes logical sense. Are you compensating a family member to be executor
Serving as an executor of a will is an essential and valuable last service for the person who has died. It is also a demanding task that deserves to be taken on with full awareness of its complexity.
Can avoiding financial soothsayers be emotionally rewarding? A few of my financial planning clients want to follow a specific stock or investment.
Money Scripts is a term that Brad Klontz, Ted Klontz, and I coined in around 2005 when we were working on one of our co-authored books. We based it on a term “life scripts,” used by some therapists to describe unconscious beliefs that shape people’s behavior. Money scripts, then, are unconscious beliefs people hold around money.