photos courtesy of Gary Morrison

What is Money?

by Steve on July 28, 2015

Have you ever thought about this question? The dictionary definition of “money” would be something like this:

money: (muhn ee), noun: a circulating medium of exchange.

But what is money really? Wars have been fought over it, lives have been ruined over it, industries have been started and failed over it. So what is money? Here is a definition I like that comes from a singer/songwriter I know:



Another similar question we like to ask new clients is, “Why is money important to you?

When you have a few minutes, ask yourself these two questions and pay attention to your responses. Maybe you could ask your significant other and listen, really listen, to what they say too.




How To Live a Life Without Regret

by Steve on July 21, 2015

This is not a typical “money matters” blog post; rather, this blog title was suggested by an article I saw about living a life without regret. Bronnie Ware is a palliative care nurse and recorded the thoughts of her dying patients. From their thoughts she wrote a book titled, “The Top Five Regrets of the Dying.”

According to Ware, the top five regrets of people on their deathbed were:
1. I wish I’d had the courage to live a life true to myself, not the life others expected of me.
2. I wish I hadn’t worked so hard.
3. I wish I’d had the courage to express my feelings.
4. I wish I had stayed in touch with my friends.
5. I wish that I had let myself be happier.

Maybe this list will help you to ponder the question of how to live your life without regrets.

Why Can’t Investing Be Simple?

July 16, 2015

I had a client ask me that recently. After all, he reasoned, there are multiple features on his cell phone and the manufacturers have made all cell phones easy to use with just a few buttons and menus. I’m not sure I agree with him about the cell phone, but I get his point. So […]

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Fighting the Urge for Instant Gratification

July 14, 2015

A client recently confessed that she had spent $10,000 on a home improvement project for which she had not saved. She took the money out of her emergency fund and intended to replenish the account with anticipated extra money she thought she would earn from working overtime over the next year. Six months into the […]

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What We Can Learn From the Greeks

July 7, 2015

On Sunday, the Greek citizens voted in a national referendum against accepting further austerity measures imposed on their country by outside lending agencies. I know the situation is complicated by macro and micro economic conditions, politics and geo-political factors, but to me, it comes down to this: the Greek people, including their leadership past and […]

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One Day At A Time

June 23, 2015

“Your life is the sum total of all the little actions you take, your daily habit pattern. Successful people are those whose daily habits add up to something great.” Chellie Campbell, “Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” This is how you become financially free. You won’t become financially free all at one time. […]

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Talk About Money With Your Partner

June 16, 2015

“There are two kinds of people in life — spenders and savers. Usually, they are married to each other.” –Anonymous

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“When Can I Retire?”

June 9, 2015

This is a question we frequently receive. The short answer is, “Whenever you want.” Retirement, like many things in life, is a choice. True, there are probably tradeoffs that you might not like if you want to retire today, however, what most people mean when they ask this question is, “When can I retire in […]

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Why Some Investors Are Confused

June 2, 2015

I received this email recently announcing an upcoming webinar. “Join the ABC mutual fund family expert as he discusses how: • High growth and high quality focused managers have been facing an uphill battle for some time now • “Growth” headwinds appear to be shifting into tailwinds • Compelling secular growth trends are emerging in […]

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Best & Worst College Degrees for Starting Pay

May 26, 2015

Because it’s graduation season, I thought you might find it interesting to see what one company’s research shows are the best and worst paying college majors for 2015. I realize that the pay that a college graduate receives when he or she graduates is not the only reason to go to college, but it is […]

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