George Kinder is the father of the Life Planning movement, a unique approach to financial planning, and author of one of my favorite planning books, The Seven Stages Of Money Maturity; he also recently released another book that expands on the life planning concept called A Golden Civilization And The Map Of Mindfulness, which we discuss later in our conversation.…
There’s no shortage of articles explaining how cutting back on minor spending, like daily coffees, can help jump-start savings (or paying down debt), and while not spending as much on coffee will certainly help, it most likely won’t make or break a financial plan. The realest answer to the problem of wanting or needing to save more is to make…
Morgan Housel: Financial Advice For My New Daughter The New York Times: Meet the Money Whisperer to the Super-Rich N.B.A. Elite ESPN.com: Beat-up truck, Busch Light and chew: Broncos fullback values simple things CNBC: This 25-year-old hairstylist earns $280,000 a year near Detroit The New York Times: Why Working Till Whenever Is a Risky Retirement Strategy Variety: Jay-Z Is Officially a Billionaire The Entrepreneur’s Blueprint: Better…
Week In Review Articles: The WSJ: Stocks Rally After Jobs Data, Closing Strong Week The WSJ: Fed Begins Debate On Whether To Cut Rate As Soon As June The WSJ: U.S., Mexico Reach Deal To Avoid Tariffs The WSJ: Exercise-Bike Maker Peloton Files Confidentially For IPO Weekly Mixtape: Morgan Housel: Financial Advice For My New Daughter “The price of a busy career is time away from…
Last week I hosted a Zoom video conference with over 20 financial advisors (although the information is applicable to everyone) showing how easy it is to edit videos; I’m an advocate of using video to help tell your story, no matter your profession, and help develop your personal brand. One way to step up the quality of your video is…
George Kinder is the father of life planning and more in-depth and intentional financial planning process; I had the privilege to talk with George for an episode that will be on the podcast next week, but I couldn’t wait to share the three questions that he teaches in his book The Seven Stages Of Money Maturity. Give today’s Rundown a…
Week In Review Articles: The WSJ: Stocks Close Lower as Trump’s Mexico Tariff Threat Rattles Markets The WSJ: China Signals It Is Willing to Return to Trade Talks With U.S. RLS Wealth Management Rundown Amazon Alexa Flash Briefing Weekly Mixtape: Casey Mullooly: Help “I’ll end with this: even when things seem fine, check on people. Even when you’re scared to get the real…
Last July I did a Whiteboard Video about the inverted yield curve. Earlier this year I talked about the inverted yield curve on a couple of the Week In Review Videos. And today, the Rundown is about the inverted yield curve again. As talks with China appear to be going nowhere, for the time being, investors are re-evaluating their tolerance…
On Monday the University of Michigan’s Consumer Sentiment Index hit a fifteen year high at 102.4, with expectations of 97.5. Check out today’s Rundown to learn more about the index and why investors pay attention to the reading. Be sure to subscribe to RLS Wealth Management’s Rundown on Amazon Disclaimer: Nothing on this blog should be considered advice, or recommendations. If…
The WSJ: Amazon, in Need of Drivers, Turns to Its Employees Morningstar: The Foundation of Every Proper Investment Plan NPR: Keeping Money Secrets From Each Other: Financial Infidelity On The Rise Investment News: Only 13% Of Adult Children Would Use Parents’ Adviser: Cerulli Morgan Housel: Realistic Personal Finance Hacks White Coat Investor Tweet The WSJ: Jeff Koons’s ‘Rabbit’ Sculpture Sells for $91 Million AER Bags The…