Business owners are a unique breed. They’d rather take the risk of working for themselves than being someone else’s employee. They often are visionaries – believing in an idea that can solve a need better than their competition, with greater convenience and value. They also are susceptible to certain cognitive biases that can undermine their… Read more »
What are you missing out on? Probably not as much as you think. But in our hyperconnected world with its 24/7 news cycle, the Fear of Missing Out (FOMO) has made many people focus more on what they’re not doing than on what they are doing. That can lead to some bad decisions… Read more »
We tend to overestimate what we can accomplish in the short-term and underestimate what we can accomplish in the long-term. The frustration that results is one big reason why so many New Year’s resolutions die before Spring. But if you use these key strategies that are supported by deeply-held values – and science! – … Read more »
“Does this spark joy?” asks Marie Kondo about our possessions. The answer is usually YES! on Christmas morning or at a holiday party when we unwrap our presents and watch others enjoy their gifts as well. But once the New Year rolls around many of those gifts are fighting for closet space with holiday decorations… Read more »
Creating a bucket list can be a great way to visualize your long-term money goals and — more importantly — start checking them off. But as the science linking giving to happiness grows stronger many people have started creating charitable bucket lists that can help improve Return on Life for themselves, their communities, and people… Read more »
Married couples don’t always plot retirement on the same $Lifeline point. According to a recent study by Fidelity, 43% of couples disagree about what age they plan on retiring. For other folks, circumstances like an unexpected job loss or health issue push spouses onto separate retirement schedules. When one spouse retires and the other… Read more »
Between the student debt crisis, COVID-19 lockdowns, and post-pandemic changes to the workplace, it’s never been more important for students to make the most of their college experience. And if you’re a parent who’s preparing to foot the bill and hoping to turn that extra bedroom into a hobby room, it’s important that you set… Read more »
The challenges of the last couple years have filled many people with uncertainty about the present and concern for the future. Often that can create a feeling of stasis when it comes to how we think about our money. But improving Return on Life (ROL) isn’t something that happens in an undefined future. ROL is… Read more »
A familiar refrain from athletes and their trainers is, “no pain no gain! That quote may ring true in the field of fitness and athletic endeavors, it is certainly not the case in the world of finance. In fact, we’ve just come off more than a decade of all gain with very little pain. Is… Read more »
