There’s an old management dictum that says “You can’t manage what you don’t measure”. This holds true not only in business but also with personal money management. A common mistake is to only take stock of your situation when you’re already feeling financial stress. You can avoid a lot of worries by keeping track of … Read More
When you go in for your annual physical, the doctor will look at certain numbers to determine how healthy you are. Meaningful numbers to doctors are your blood pressure, your cholesterol levels and blood glucose levels, and your body mass index. If any of those are at harmful levels, your doctor will give you advice … Read More
In my last post I talked about how, during the process of settling your spouse/partner’s estate, you’ll have to go through all of the financial and business accounts. While doing so, it’s a good time to take stock, tally everything up, and do a check of your own net worth. It’s also a good time … Read More
In my last post, I talked about the struggle a surviving spouse has when they realize that they are now on their own financially. I talked about how couples make their goals and plans with a “we” and “our” perspective and how difficult it is to adapt to flying solo. I mentioned that this adjustment … Read More
