Posts Tagged ‘Relationship’
This post is from staff writer April Dykman.
Lending money to friends and family is a generous act — one that could easily backfire and even ruin your relationship. Most of the time when someone is considering a loan to a family member, I think, “Don’t do it.” But when it’s someone you care about, logic only plays one role in the decision-making process.
Not too long ago I was in this situation. (I want to share it, but obviously I also want to be sensitive about revealing personal information, so I’m changing names and other minor details.)
I’ve been…
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When I reached my financial bottom in April 2006, one of my first responses was to simply start reading a lot about personal finance. I checked out a pile of books from the library on personal finance and tackled a lot of different suggestions from those books, along with some of my own ideas that I came up with as I went along.
One idea that was repeated over and over was how incredibly important and valuable having a budget was. I tried several different budgeting approaches and stuck with them for short periods, but the idea of a budget…
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Automatic Payments, Automatic Transfers, Budget, Budgets, Choices, Estimates, Freedom, Lot, Personal Finance, Pile Of Books, Pocket Notebook, Relationship
This is the thirteenth entry in a fourteen part series discussing the time management classic Getting Things Done by David Allen. New entries in this series will appear on Tuesday afternoons and Friday mornings through July 16.
It is easy to set big, audacious goals for ourselves like “spend more time with our kids” or “get our finances in the right order.” The big problem, though, is that such goals often seem enormous and vague. What can you really do to make these things happen?
Allen touches on this on page 250:
“Create a way to regularly spend more time…
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As you start to build up your net worth, the question of whether or not you should hire a financial adviser becomes more important. However, the answer is not a simple yes or no. Some people do quite well without a financial adviser, some people need one, and on rare occasions, some wish they never had one. Even though I’m a financial adviser, I don’t believe that everyone should hire a financial adviser.
Photo by Miguel Virkkunen Carvalho via Flickr
In fact, I don’t think anyone should hire a financial adviser unless and until they can answer two questions:
1. What…
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Advice, Financial Adviser, Financial Advisers, Flickr, Insurance, Market Performance, Money Manager, Motivation, Need Money, Net Worth, People, Photo, Relationship, Time Don
An MSNBC article this week discussed how women are increasingly earning more than their husbands. Twenty years ago, 17.8% of women outearned their husbands. In 2007, 25.9% outearned their husbands if they both worked and 33.5% of married women outearned their husbands period. It’s estimated that the percentage bas probably jumped because of all the jobs lost in the recession, it’s estimated that nearly 75% were held by men.
The Shriver Report conducted a survey and found that 65.3% of women and 61.2% of men were comfortable with women earning more than men. I want…
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