Challenging Emotions – Overcoming Fear and Grief

Challenging Emotions – Overcoming Fear and Grief

There are two emotions spoken about in the investment industry; fear and greed. Any investment professional will tell you real success lies in the ability not to let either emotion take control of your decision making. If they’re truthful, they’ll also tell you how trying to control these emotions is a constant battle. As a … Read More

Lending Money to Adult Children: Thoughts and Guidelines

Lending Money to Adult Children: Thoughts and Guidelines

In recent posts, I’ve covered issues widows face regarding being seen as an open wallet and how to wean adult children off of financial support in cases when they’re capable of being financially independent. Today, let’s look at those instances when there are legitimate reasons for lending money to your adult children. I won’t go … Read More

The Strength to Decide

The Strength to Decide

“It does not take much strength to do things, but it requires a great deal of strength to decide what to do.” ― Elbert Hubbard Popular wisdom states that we shouldn’t make important, life-changing, decisions during the first year after a major loss. Sometimes, however, doing so is impossible and decisions have to be made. Lean on … Read More

A widow’s money: Don’t become everyone’s wallet or purse.

A widow’s money: Don’t become everyone’s wallet or purse.

One of the most unfortunate financial consequences of widowhood is certain people will get the perception you now have extra money. They might think you have a lot of it (even if you don’t) and therefore think you are now a source of funds for their needs or wants. As a widow, you may be … Read More

Moving Forward on Your Own: Decisions in the First Year

Moving Forward on Your Own: Decisions in the First Year

When I worked as an investment advisor, one thing that I saw widows struggle with after their spouse or partner passed way, was the realization that now they were on their own. I don’t want to imply that the surviving spouse was helpless at managing the financial affairs.  Not at all. In fact, with the majority … Read More

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