Why Financial DIY = Financial Mediocrity
In my youth, I was insistent on “doing it myself.” Even when I had no prior experience or training in a subject or task, I was determined to learn because a) I thought I could do it better or b) I wanted to save money. And at this point in my life, I had time […]
Celebrate Your Financial Victories
When I was growing up, the Chicago Bulls and New York Yankees were the kings of sports. While I admired how hard they worked to get to the top, one of the most overlooked actions they took every time they won a big series or a championship was just how much they celebrated. They celebrated […]
10 Important Actions to Help You Navigate the Path to Financial Freedom
By and large, people are unhappy when they are confused and disorderly in any area of life. Find a person who appears to be “happy” yet they are surrounded by chaos, and I will show you someone who is actually insane. The area of money is no exception. People are unhappy about their financial situation […]
How to Be an “ACE” With Money
If you ever wanted to study the subject of money, then one needs to go no further than Las Vegas. The people who run this town know EXACTLY the basic principles one needs to know to win the game—literally and figuratively. In 2017 it is reported that casinos in Vegas brought in a staggering $26.2 […]
The Cost of Making a Financial Decision During Burnout
I am about to tell you a story of just how costly it can be to make a financial decision when you are emotionally “burned out,” exasperated, and fed up. SO PAY ATTENTION. Let me tell you about Dr. D. I would put her in the top percentile of practice owners I’ve consulted. Here’s why: […]
Avoiding “RBMs” – 4 Simple Rules
Tell me if you have heard this story: Business owner has 4 good months where cash flow is good, bills are getting paid, creditors are not calling, a little bit of money is accumulating in the checking account and everything at the practice seems to be calm. Then it hits. The RBM—the REALLY BAD MONTH. […]
The Fast Food Financial Advice Epidemic
We have all had this experience. We are busy working. We get hungry. We know we shouldn’t, but we just can’t help ourselves. We drive to the nearest fast food joint and get a burger, fries and soft drink. Ah. We are temporarily satisfied. Yet, in the back of our mind, we know we didn’t […]