Jonathan Clements reveals universal financial truths developed over his 17 years as a featured columnist for the Wall Street Journal (and more recently with Citi Personal Wealth Management for 5 years). His most recent work involved combing his decades long collection of writings and distilling them down to just the essential core “notions” that every wealth builder must understand. Now you can benefit from this unusual depth of knowledge in this exclusive interview with one of the true veterans of Wall Street personal finance journalism…
The Smart Alternative To Retirement Planning
It’s so “old-skool” to work like a dog for 40 years scrimping and saving so you can retire and do nothing of substance for the remaining 30 years. That’s no prescription for happiness. It makes no sense. Increasing longevity has changed every aspect of retirement planning – from asset allocation to life fulfillment and everything in between. It is time to retire the word “retirement” and redefine our lives toward fulfillment – which means…
The Smart Consumer’s Guide To A Sane & Affordable Holiday
I don’t get the whole “Black Friday” thing. It strikes me as the height of consumer insanity.
Truncating my holiday family gathering to rush out at a ridiculous hour in the morning so that I can join crowds of other insane people battling to spend money they don’t have on things they don’t need makes no sense to me.
But hey, maybe I just don’t “get it”.
I don’t believe that’s what the holidays are all about.
Below is my brief take on trying to keep sane during the holidays and find some joy in the process…
The Surprising Truth About What Motivates Us…
Extrinsic is the old carrot-and-stick approach – the hope of gain and the fear of loss. This includes payroll and bonuses. Intrinsic motivators are more powerful and can be broken down into 3 categories…
The Minimalist Guide To Financial Planning
Believe it or not, financial planning is so simple it’s ludicrous. Spend less than you earn and invest the savings wisely. After you retire then just spend less than your investment income and invest the savings wisely. That’s it. Seriously! Anyone can do it. It’s so simple it’s a joke… except for one minor, little detail…
How Not To Succeed
Last weekend I enjoyed a 12 mile hike through mountain trails with a good friend. The day was gorgeous, the scenery beautiful and the conversation stimulating. After our hike he told me an amazing story about the unlikely tragedy surrounding his company getting bought out for more than $100 million dollars. It has an important lesson for all of us…
The Parable Of The Mexican Fisherman And Investment Banker
Here’s one of my favorite stories – The Parable of The Mexican Fisherman – that brings much needed perspective to the wealth building game. It is short, fun and packs an important message. After the story you will find some related questions to help plan your own wealth and prosperity…
A Simple Idea For Greater Happiness
Today I’m going to deviate from the usual finance and investment expert stuff. I’ve been experimenting in my own life with a simple, little idea that is providing tremendous results and I wanted to share it with you. Let me illustrate the idea by sharing what happened to me the other night on a date night with my daughter…
