
Pay Attention to Taxes
Here are a few tips to help you win the tax game.
Here are a few tips to help you win the tax game.
The longer the time horizon you have to invest, the more money you are likely to make. And the longer you stay in debt, the more money you lose.
Owning your own business isn't for the faint of heart, but if an entrepreneur is successful, they can create wealth for themselves and often for others too.
When I presented my TEDx talk last year on How Monastic Wisdom Can Improve Your Finances, I hoped it would reach a large audience and could help a lot of people. I'm thrilled to report that it reached 60,000 views this month. In November, some wild card of internet search algorithms caused the views to spike to over 60k hits, and still growing.
While more stuff won’t bring much happiness, meaningful experiences do fill us with joy. This holiday, give your friends and family an experience that helps them connect with you and those they love.
In addition to poor financial literacy, I’m convinced that many bad money habits and unhealthy financial decisions originate from unprocessed trauma. As a result, most self-help books on finance are stuffed with useful information yet fail to produce the lifestyle transformations needed to build wealth or use it productively.
Last week I accompanied my friend Rev. Richard Rohr to meet Pope Francis at the Vatican. The meeting between these two men—one a Catholic theologian known for confronting the social justice issues of our time while living in poverty in Albuquerque, the other surrounded by wealth and luxury while using the power and influence of his position in service of a more inclusive Catholic Church— showed me you don’t have to choose between wealth or poverty to develop a rich and meaningful spiritual practice. The only choice is to be kind and loving, regardless of your income.
The key to overcoming money stress in a marriage is finding a communication style that works for both of you and making it an intentional conversation.
Women and primary caregivers typically face a wage penalty of five to 10% per child, and the median annual earnings of full-time working moms are about 30% less than that of fathers. This can translate into over a million dollars in lost wages over a lifetime.
What should you do with your investments during this period of high volatility, when fear and anxiety are in the air? Do what every seasoned investor instinctively knows: don’t try to time the markets.
Concerns raised in the NM Roundhouse suggest that the pension system for our public servants may be at risk because many of the people on the board of the Public Employee Retirement Association of New Mexico (PERA) don’t have the experience necessary to fulfill their responsibilities. PERA is in charge of an $18 billion trust fund that includes the retirement money of nearly 100,000 public employees.
We all need to save and invest for retirement, and we need to save the planet. We want the highest possible returns on our investments while being good people. Investing responsibly can do it all.