Time, the ultimate wealth-building asset
The secret of wealth-building that often goes unnoticed is not just how we manage our money, but how we manage our time.� Time is a finite resource. Once we spend it, we can�t get it back.� Learning how to leverage time effectively can distinguish you as a top performer, and as someone who truly understands […]
Closing the Behavior Gap: Navigating emotional money mistakes and asset allocation
How often have you found yourself making impulsive decisions about your investments based on headlines or peer pressure? Maybe you�ve even shifted your entire asset allocation because of these emotions.� If this sounds familiar, you’re far from alone.� Carl Richards, in his groundbreaking book “The Behavior Gap: Simple Ways to Stop Doing Dumb Things with […]
Rewiring your financial mindset (II)
Socratic Questioning and Guided Imagery In our previous blog, we discussed how cognitive distortions can influence your decision-making, emotions, and, ultimately, your financial well-being. In this one, we’re diving deeper into specific techniques that can help you combat these distortions: Socratic Questioning and Guided Imagery. These tools not only help in mental health but can […]
Costs, Delays, and Challenges of Estate Administration
The emotional toll of losing a loved one leaves us unprepared for the logistical labyrinth that follows: the administration of their estate. Navigating this complex process can feel like a second loss, rife with hidden costs, legal hurdles, and unexpected delays. With the insights from this blog, you’ll be better equipped to navigate these challenges. […]
Down with debt!
Debt can be overwhelming, often feeling like a never-ending battle against numbers that just won’t budge. It’s not just your bank balance that takes a hit; it’s your mental well-being, too. If you’ve been struggling with the emotional and psychological toll of financial instability, you’re not alone�and there’s hope. In the upcoming blogs, we’re going […]
Balancing emotions and risk in asset allocation
Investing can be likened to the ancient Chinese concept of Yin and Yang, where opposing forces are interdependent and complementary. In the realm of investments, this duality might be expressed through the delicate balance between emotions and risk in asset allocation. Just as Yin and Yang represent harmony, understanding how these elements interact can lead […]
Debt Detox: Preparing for spring in any hemisphere
As the earth�s axis tilts, heralding the onset of new seasons across the globe, there’s a palpable shift in our surroundings. When the Northern Hemisphere prepares to embrace the comforting embrace of autumn�donning sweaters and sipping warm beverages, the Southern Hemisphere is on the cusp of spring, promising rejuvenation and vibrant blooms. These seasonal shifts […]
How talking about finances shapes our wealth
The Power of Conversation When we think about building wealth, our minds often dart to the tangible components: investments, savings accounts, real estate, and other assets. Rarely do we consider the intangible elements, especially the conversations we have about money. Yet, it’s these very discussions that have a profound impact on our financial trajectory. From […]
The spectre of financial uncertainty
The spectre of financial uncertainty can have substantial impact on one’s psychological well-being and future planning capabilities. However, it is not a burden that has to be perpetually borne. Transitioning from financial uncertainty to stability is achievable by reducing chaos in your cash flow and introducing a greater degree of predictability into your financial planning. […]
Unleash the power of articulating your financial plan
In the sphere of financial planning, the way we speak about money and articulate our plans can have a profound impact on our financial well-being. The power of articulating a financial plan lies not only in the creation of a roadmap towards your financial goals, but also in how it helps shape your mindset towards […]