 There’s nothing more disturbing to me that watching some of my clients
feel obligated to take care of every financial need their child has.
I’m not surprised by this behavior, however, because I think it stems
from a cultural expectation that began with the Baby Boomer generation
around the end of World War II. It’s my belief that young couples who
began having childrenv
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By the time people come to see me, they’re usually in severe financial
distress. They are always amazed at how quickly they can begin to turn
their troubles around by making the following improvements, simultaneously:
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 Did you know that your credit card limits could be affected by where
you live? Some of my clients have had their spending limits reduced on
American Express cards and have inquired with the company. You might
be shocked to hear some of their reasons for the reduction:
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 With the volatility of the markets and how much has been lost over the
last year in 401(k)s, IRAs, and other retirement options that were
staked on the markets, many have lost faith in using it to fund
retirement. I’m not a big believer of the average consumer playing the
market for the purpose of funding retirement. That’s because the
average consumer doesn’t know how,
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 Okay, this is going to be thorough, but for anyone out there who keeps
getting ridiculous advice about how to get out of debt (including just
throwing in the towel and declaring bankruptcy without doing your
homework on that front) you need to read this:
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 In today’s economy, the need to make more money is paramount. But most
people I talk to feel trapped in their W-2 jobs, either having taken a
pay cut, dissatisfied with the amount they make and knowing that salary
increases are unlikely,
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We all face many different kinds of risks in our lives. Market risks;
interest rate changes; failing health; fire, water, and earthquake
damages; auto accidents; and marital problems top the list, with many
others that go unmentioned.
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 One of my blog readers sent me a questions about estate tax I thought I’d share with everyone, along with my response:
“I heard that the estate tax ended in 2009 and that there isn’t anything set for 2010, and that it will re-appear in 2011 at a higher rate. Is this true?
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I have had several clients ask me what I think about the Healthcare
Reform Act and how it will affect all the work I do with them to help
get their finances under control.
They get very distressed after working with me on applying Money Mastery principles and changing their whole life around
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 Since mortgage loans have dried up as housing values have dropped,
another future problem is starting to show its ugly head...car loans.
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