‘How Do I Tell My Friends About My Six-Figure Inheritance?’

By Charlotte Cowles, the Cut’s financial-advice columnist My Two Cents Sept. 1, 2022

A family member recently passed, and I will receive a six-figure inheritance from a trust. I already have a financial adviser, and I’m working on a plan to save/invest half and give away the other half. My question is, how do I bring this up with friends? I make a reasonable salary from my public-service job and still have student loans to pay off. For my immediate day-to-day life and lifestyle, I don’t expect this money to change anything significantly. But the security of suddenly having retirement savings as well as being able to make significant donations to nonprofit and grassroots organizations I care about is different.

How To Become Financially Independent, According to 3 Experts

Cynthia Measom  Tue, February 14, 2023

For some, financial independence seems like an impossible dream and probably always will be. Others, who are more optimistic, might believe sheer determination will get them there.

While a positive and determined mindset is a move in the right direction, it takes much more to achieve a state of financial freedom. To get closer to living the life you want, here’s what you need to know to become financially independent, according to a few experts.

10 Genius Things Dave Ramsey Says To Do With Your Money

Andrew Lisa   Tue, February 14, 2023

Dave Ramsey is one of the country’s most celebrated personal finance gurus, a famous radio host, a successful businessman and a best-selling author. He’s also a self-made man who started with nothing and built a seven-figure net worth and a $250,000 annual income by age 26.

Now in his early 60s, he has spent many of the years between getting even richer by helping other people build wealth of their own. Here’s a look at some of the choicest wisdom and most sage advice that Dave Ramsey has doled out along the way to his legions of loyal followers.

How Much Money Is Too Much To Keep in Your Savings Account?

John Csiszar  Mon, February 13, 2023

Can you have too much money in the bank? On the one hand, there’s an obvious joke answer to this commonly asked question — there’s no such thing as “too much money.” The reality, however, is regardless of how much money you have, in order to maximize your net worth you shouldn’t keep too much money in your savings account.

While savings accounts serve valuable functions, they aren’t “investments” in the strictest sense of the word. As you’ll see below, savings accounts typically act as a drag on your portfolio rather than an enhancement. That’s why there is definitely such a thing as having “too much money” in your savings account.

Why You Should Financially Imagineer Your Life

19. October 2017  Financial Imaginer

Back in Kindergarten my father once asked me: “Son, what would you like to do once you’re a grown up?” – of course I was dreaming all sort of things, most prominently wanting to become a bus driver, a pilot or an astronaut. These more ordinary dreams for boys of that age came to an abrupt halt only shortly afterwards as I unveiled the ultimate profession: Inventor.

Imagineering = a combination between “Imagination” and “Engineering”

Imagination: The creative ability to form images, ideas and sensations in the mind without any immediate input of the senses. Imagination helps make knowledge applicable in solving problems and is fundamental to integrating experience and the learning process.

Planning To Remarry After A Divorce? 6 Tips To Protect Your Financial Future

Sharon Klein   Fri, February 10, 2023

Make relationships easier to navigate and better protect your financial future.

As the calendar turned to 2023, many of us took a moment to think about resolutions. I want to lose 10 pounds. I want to read things that aren’t just about work. I want to learn how to play pickleball.

Or maybe this year I’ll give a relationship another shot. Maybe I’ll even remarry. Many of us think about this idea with an understandable degree of trepidation. Your last relationship ended badly. Maybe you got divorced.  But this year, as you look ahead with renewed optimism, there are six steps that you can take that might make relationships easier to navigate, leave you better protected for your financial future, and make you happier.

Who Wouldn’t Want to Be a Millionaire: 6 Life-Winning-Lessons From a “Who Wants to Be A Millionaire” Contestant

By Financial Imaginer

What would you do if you received a $ 1 million jackpot? How does it actually feel to receive a windfall? What to do with it and how could it impact your life in the short, medium and long run?

Let’s first think about what you could possibly do with a large financial windfall?

Your Gravity Defying Money Bazooka

By Financial Imaginer

What if there was a financial super weapon which can be used to multiply the firepower and reach of your money in ways you’ve never thought possible before? What if such a weapon is widely available already and unlocking it only takes a few well directed steps? What if you’d like to learn more about this? Read on.

Spoiler alert: Having been working in Wealth Management for most of my professional life, your gravity defying money bazooka and most powerful tool to build and multiply your wealth is: Credit!

Time Bandits

By Financial Imaginer

Time is the most valuable asset you got. Do not let anything or anyone steal or ruin it. In our modern world, we’re surrounded by time bandits. Identify them. Sort them out. Live life by design.  No matter if you’re a beggar or a billionaire, we each got the same 24 hours per day. The difference between moving ahead or staying back is simply in how we make use of and invest our time.

Time Bandits – the Monty Python movie.   Time bandits didn’t make history – they stole it!

Make sure you keep them at a safe distance so they don’t steal your potential, to make history.

What are time bandits?

Money Matters: A Guide to Raising Financially Savvy Kids

February 8, 2023  Financial Pilgrimage

There are many important aspects to raising a family; one of the most critical is financial literacy. Unfortunately, money matters can often be confusing and overwhelming – especially for those who are just starting. But it’s essential to equip our children with the knowledge and skills they need to navigate the financial world successfully.

That’s why we’ve put together this helpful guide on how to raise financially savvy families. From teaching kids about budgeting and saving to helping them understand credit and investment strategies, we’ll cover everything you need to know to set your loved ones up for success. So let’s get started!