It can be hard to look ourselves in the mirror and take responsibility for our actions. I was recently introduced to the concept of “radical responsibility” and it’s been a game-changer. It basically is the idea that you are always responsible for the outcomes of a situation. This gives me back my own power. If […]
Oh, my old friend debt. Debt is one thing that almost universally serves as a source of financial anxiety and shame in our society. There are loads of financial gurus who I won’t name that shame anyone who holds debt. I have shared some of my personal struggles with debt, and will undoubtedly share some […]
The more I do this financial planning work, the more I see just how personal financial planning is. You can line up two people who have similar educational backgrounds, professions, and sociocultural identities only to find that they will feel wildly differently about their finances. It is particularly stark when you look at their risk […]
Budgeting is one of the most-discussed financial planning topics out there. It’s with good reason because having a plan for your money is one of the most important things you can do to take control of your finances. Most people don’t have or follow a strict budget which can get them into trouble, i.e overspending, […]
Insurance is like having a lifevest and oxygen mask on an airplane— you hope you won’t ever need them but you’ll be SO glad you have them should a need arise. The basic principal is one of risk management, or transferring your personal risk onto the insurance company. In exchange for your premium(monthly or annual […]
There’s a saying in Spanish “dime con quien andas, y te diré quien eres.” This roughly translates to “tell me who your friends are and I’ll tell you who you are.” I’m officially trademarking the saying “tell me how you spend your money, and I’ll tell you what you value.” I might just make that […]
Alright guys, this is the first of many “Money Basics Series” articles. My goal in writing these is to serve as a resource to get more finance-related knowledge out there in an accessible, digestible and fun way. I want each and every one of you to feel financially-empowered and equipped with the right tools to […]
This is a really uncertain time for all of us investors. We have all seen our 401(k) accounts take a substantial hit. Although the market is showing signs of recovery these days, there really is no telling where it will go tomorrow or the day after. That doesn’t diminish the feelings of loss, anxiety,and scarcity […]
Your risk tolerance is not your risk capacity. I’ve been having this conversation a lot with clients and thought it would make a good blog post. So, let’s get RISKYYYYYY. We’re all here watching the stock market go up, down, and then up again. It can be a bit anxiety-producing if you haven’t taken the […]
Holy pandemic! I’m continually astounded at the speed and scope of this global pandemic. There is no corner of the globe that is not touched by it, as we foreign service families can attest. I’m here today to discuss the unique impacts this global pandemic has on FSO finances and the steps you can take […]
