No one's ever achieved financial fitness with a January resolution that's abandoned by February.
Yes, your kids should go to school. No, you shouldn't bankroll their degree whatever the cost. You've spent your life creating a sound financial plan; don't upend it by suspending your retirement savings or taking out a home equity line of credit to pay for a pricey college.
We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts.
The only way you will ever permanently take control of your financial life is to dig deep and fix the root problem.
So many financial dreams are thwarted by the failure to act upon good intentions.
Understand and accept the cycles of money. The setbacks you may have today or next year will not keep you from financial freedom. If you hold on to your goals and dreams, you will get there.
Thoughtful financial planning can easily take a backseat to daily life.
Here's my gift-giving rule: Respect your current financial situation.
Put your financial life on autopilot as a form of 'forced' saving.
If you pay off your mortgage before retirement, you take a huge financial load off your shoulders. You also become eligible to take out a reverse mortgage once you turn 62.
The foundation of a financial fresh start actually has nothing to do with money or specific financial dos and don'ts.
Owning a home is a keystone of wealth... both financial affluence and emotional security.
Financial freedom is our birthright, rather than the "slave walk" of the Monday through Friday grind.
I am a financial planner, not a psychiatrist, but I do know that your net worth will rise to meet your self-worth only if your self-worth rises to accept what can be yours.
If the relationship between you and your money is harmonious, regardless of how much you have, your financial transactions will be harmonious as well.
If you're not staying on top of your money, you are putting your financial well-being at risk.
When you understand that your self-worth is not determined by your net-worth, then you'll have financial freedom