Financial
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What Does Your Peace Of Mind Look Like? Finding Financial Tranquility In A Volatile World
If you did a scan of financial advisory websites, you’d find a lot of similarities. Lots of photos of happy people in the active phase...
/money, /personal-finance, /retirement, advisornetwork, Investing, money, Personal finance, Retirement, standardbehavioral economics, behavioral finance, Financial, financial peace, financial tranquility, finding, Maurer, mind, Peace, Peace Of Mind, personal finance, Tim Maurer, Tranquility, Volatile, WorldIf you did a scan of financial advisory websites, you’d find a lot of similarities. Lots of photos of happy people in the active phase of their emerging retirement, most of whom have the same three hobbies: golf, sailing, and long walks on the beach. As for the words and phrases, I’d bet that some... -
What’s Your Why? How to Set Life Goals and Create a Financial Plan for Achieving Them
Setting long-term financial goals is really important. However, the most important long- and short-term financial goal actually has nothing to do with money. Before determining...
Setting long-term financial goals is really important. However, the most important long- and short-term financial goal actually has nothing to do with money. Before determining when you can retire and how much you need, you really ought to know exactly what you want to do with your life. What is your vision for your future,... -
Financial Spring Cleaning: 10 Ways to Spruce Up Your Finances
Spring is here! Or if you’re in a city like Pittsburgh, where I am, you may also have some Winter and Summer sprinkled in throughout...
Spring is here! Or if you’re in a city like Pittsburgh, where I am, you may also have some Winter and Summer sprinkled in throughout the week as well. Anyway, it’s likely you’ve begun tackling spring cleaning tasks, such as organizing the closets, washing the windows, and detailing your car, among other “enjoyable” household chores. ... -
Making Sense of Financial Jargon: 15 Key Financial Terms to Know to Plan a Successful Future
As the New Year begins, it always feels like an opportune time to reassess your personal finances. If you’re wanting to take a comprehensive look...
As the New Year begins, it always feels like an opportune time to reassess your personal finances. If you’re wanting to take a comprehensive look at your financial picture, you may be digging through investment statements, tax documents, insurance policies, and of course, you will likely be revisiting your plan in the NewRetirement Planner. Through... -
Financial Problems and Stress: Understand if You Have a “Leaky Ceiling” or a “Muddy Puddle” and Make Better Decisions
In his excellent newsletter, Atomic Habits author James Clear describes two kinds of problems: those that are like muddy puddles and others that are like...
In his excellent newsletter, Atomic Habits author James Clear describes two kinds of problems: those that are like muddy puddles and others that are like leaky ceilings. Are your financial problems (and we all have them) leaks or puddles? Let’s explore how can you reduce financial stress and make better financial decisions by categorizing your... -
The Behavioral Finance Revolution: How Daniel Kahneman Redefined Personal Financial Decision-Making
In the realm of personal finance, where decisions about money have profound implications for individuals’ lives, the work of Nobel laureate Daniel Kahneman (1934-2024) has...
In the realm of personal finance, where decisions about money have profound implications for individuals’ lives, the work of Nobel laureate Daniel Kahneman (1934-2024) has left an indelible mark. Kahneman, a renowned psychologist and economist, is best known for his groundbreaking research in behavioral economics, particularly his work on decision-making processes and biases. His insights... -
How Your Beliefs Can Block Or Unlock Financial Success
I was stuck a few months ago. After the unexpected but welcome blessing of the birth of our healthy newborn (the two older kids are...
/money, /personal-finance, /retirement, advisornetwork, Investing, money, Personal finance, Retirement, standardbehavioral economics, behavioral finance, Beliefs, block, Break The Cycle, cycle of belief, Daniel Kahneman, Fast and Slow, Financial, Maurer, personal finance, success, Thinking, Tim Maurer, UnlockI was stuck a few months ago. After the unexpected but welcome blessing of the birth of our healthy newborn (the two older kids are 20 and 18 😊), my wife and I had just come home from the hospital following emergency surgery resulting from latent labor complications. We had a plan worked out for...