Wisdom on Wealth

Considering the possibility of Mom being able to stay home once you start a family? 

We love it when things are convenient, but the value of convenience must be weighed against the risk of failure.

As someone experienced with marital conflict, I can testify that (a) it’s normal; and (b) it doesn’t have to end up badly. But there are some important things to keep in mind when it comes to communicating with your spouse about money.

The secret to financial security is not financial. It is contentment. 

The ultimate goal of retirement planning is to make work optional. The five “wants” discussed in this week's podcast are common to anyone who desires this kind of financial freedom in retirement. 

Feeling insurance poor? But if you really think about it, the payment of your insurance premiums is what keeps you out of poverty.

Helping the young person in your life stay on the right side of debt is one of the most significant life lessons you can pass on to them.

The Cypriot and US governments both make money by taking it from depositors. One is just smoother about it than the other.

Hoping to organize your finances? Let’s not do this: straighten up all the unopened bank statements and investment account reports on your desk and call that financial organization. That’s just making your mess look neater.

A significant part of parental commitment is how you choose to plan your estate. Don’t assume that simply adding everything up and dividing by two is the right thing to do.