What is financial coaching, and why do you need it?
A good coach helps to provide support and accountability in any area of your life. And while there’s nowhere that kind of relationship wouldn’t make a difference, it’s especially useful when it comes to finances. Handling your financial well-being, after all, can be tricky. It’s a combination of emotions, experiences, and good ol’ fashioned education. Unfortunately, when […]
Understand the emotional side of financial planning
Many financial advisors focus on the practical aspects of financial planning when developing retirement portfolios with their clients. They will discuss the features and benefits of various investment options, tax implications, risk levels, sources of revenue and expenses that could affect retirement, insurance and long-term care riders, and other matters. The emphasis is mostly logical […]
7 Emotions and Their Affect On Your Finances
One basic principle that can help everyone manage their finances better is understanding money is emotional. It was one of the very first lessons my father taught me because he knew I needed to be able to recognize when my emotions were interfering with my ability to make value-based decisions, thus slowing down or preventing […]
Set SMART investment goals for long term financial success
Indeed, goals are vital to leading a successful and happy life. You need to know what you want from your personal life, what you hope to achieve in your career, and how you want to experience retirement. Without goals, life can become a series of muddled events. I’m going to take it one step further […]
10 Strategies to Avoid Getting into Debt
No one tries to get in debt. It’s just one of those things that happens without your notice, or may even feel as if it’s out of your control. It’s just one of those things that happens without your notice, or may even feel as if it’s out of your control. However, staying out of […]
3 Principles of Financial Planning God’s Way
Early one morning several weeks ago while sitting at a coffee shop and catching up on some work, I met a young Dad who was struggling to put together a financial plan to best care for his young family. We talked a few minutes over a cup of coffee about some Biblical principles to help […]
Ready, Set, Plan!
Every year, more and more young adults finish school or their degrees and enter the workforce. These young professionals face numerous challenges such as finding employment, entering into contracts on their own, and the most pressing of all – dealing with financial pressure. What financial topics are young professionals most interested in? To answer this, […]
Topping-up could make all the difference
When I think of toppings I think of my favorite sweet topping on a perfectly brown baked waffle. The picture is complete as I am feasting on this piece of heaven whilst sitting with my feet in the sand on the south-coast. My favorite topping is undoubtedly milk chocolate flake, caramel with ice cream. The […]
Are retirement annuities still worth it?
With “RA season” in full swing, many investors are asking whether retirement annuities are still worth it with all the speak of prescribed assets and imminent legislation changes. The debate is quite hot. As with most things, you will have to look at your own situation, and more importantly, evaluate your personal financial discipline before […]
Let’s change women’s money stories for the better
By Hester van der Merwe We’ve all heard the fable: Once upon a time, there were three sisters. One kept her money in a functional leather wallet, the second in a Louis Vuitton purse and the third kept hers tucked under her bra strap… It’s a little outdated, don’t you think? The reality is that […]
