
Blog
Money… Can Buy Happiness?
We all know the familiar saying that money can’t buy happiness. But is that entirely true? Can’t the way we handle our money, the priorities and values we have around spending money, and ultimately the things, experiences, or people we spend money on… effect our happiness?
Let’s talk about a few ways that money can play into our happiness, including a study done on the matter which had interesting results.
Tail Risks
What are tail risks? What does it have to do with financial planning? A lot. Tail risk is the risk that's associated with an extreme event that has a small probability of occurring.
Let’s look at a few examples of possible tail risks and some ideas of how we can prepare for them. Of course we never want them to happen, nor think they’ll happen to us. But IF/WHEN they do, we should have things in place so that the tail risk doesn't ruin us.
I Love You, Roth
Who’s Roth? Not someone whose parents had financial acumen and wanted to be edgy by naming them after their favorite investment account.
I am of course speaking about Roth accounts, both Roth IRAs and Roth 401(k)s. Why do I love them so much? Let’s go through 10 of the reasons.