“I’m Paying Off Debt But May Be Laid Off; What Can I Do?”

Being laid off is a huge setback. But it's important to think carefully when you have that fear. Consider this if you have that concern.

“Should I Be Cashing Out My 401k to Pay Off Debt?”

When I receive a question about cashing out a 401k to pay off debt, my short answer is generally no. It entails a lot of unrecoverable loss of long-term growth. We can make more money, but we cannot recover time. Nonetheless, there are some limited circumstances in which cashing out a 401k may be the … Continue reading “Should I Be Cashing Out My 401k to Pay Off Debt?”

Social Security Benefits Are In More Trouble Than We Thought

After the societal shutdown in 2020, the global economy experienced a sharp recession that slashed tax revenues. Included in these taxes is, of course, the Social Security payroll tax. As a result of this decrease, this means Social Security benefits are in more trouble than we thought just a couple of years ago. For several … Continue reading Social Security Benefits Are In More Trouble Than We Thought

“What Causes Poverty” Is the Wrong Question; Ask This Instead

Our contemporary culture likes to ask what causes poverty. But this question is based on a false premise. Ask this question instead.

Working with a Financial Coach: What Your Life Can Look Like

I work with people from all walks of life. Some are just starting adult life, while others are nearing retirement. Some have a very high household income, some are very low. In the mainstream culture, these factors are often considered dispositive; that’s how it is and your future is fixed as a result. However, when … Continue reading Working with a Financial Coach: What Your Life Can Look Like

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