by | | Behavior, Insights
Clutter is a common annoyance, especially in a busy household. But did you know it sneaks up in your financial life as well? And that it can also cost you money? “Financial clutter” is distracting and it makes it hard to see the progress you’re making toward your...
by | | Behavior, Featured, Insights, Lifestyle, Planning
To “live within your means” simply means to spend less on your lifestyle than you generate in earnings. Your “means” is your income. To live within that threshold, spend less than you earn. Of course, this is clearly easier said than done, given that the majority...
by | | Behavior, Featured, Insights
A recent research paper published by Cornell University, examines the real world inconsistency between how wealth and success are accrued to the top 20% of society while talent and competence exhibit a normal distribution, the ‘Gaussian’ bell...
by | | Behavior, Insights, Investing
Every time I read about the “active vs. passive debate” I can feel my blood pressure go up. There is no “debate”. The only people perpetuating this myth are those who make a living touting active management and those who don’t know the facts. Proponents of...
by | | Behavior, Insights, Investing
To say that “money isn’t everything” is more than a cliché. Studies in the early 1970s demonstrated that a sense of well-being, or happiness, had not increased commensurately with income over the previous half century.1 That trend continues as the modern world has...