The Weight of Inherited Money

Inheriting money usually comes with baggage. Only rarely do we inherit money from people who we didn’t know; most of the time we knew and often loved the person who passed away. This means that we often imbue the inheritance with much more weight than any other money...

Talking to Kids About Money

A few weeks ago I posted two blogs about teenagers and money. It reminded me that I had written a similar article for a local wellness magazine seven years ago. My children were aged seven through twelve at the time. Here’s the original article: The one sentence I...

Overcoming a Common Money Stumbling Block

A few months ago I started to recognize a pattern that some of my clients were struggling with when I’d ask them to come up with a summary of their spending. It turns out that they’d hit an expense that could have fit into a couple of different categories, and then...

Lending Money to Family or Friends

I had a client come in recently who wanted to talk about lending a significant amount of money to a family member. It’s not something I see a lot, and it got me thinking about what you need to consider before lending money. Lending money to a loved one might make...