Over the years, I’ve worked with several big lottery winners to help them overcome their subsequent money issues; all had a similar story; winning millions changed their lives but not always for the better. One client summed it up when she said, “Steve, this money will be gone in twenty years, and I’ll be someone …
Budgets suck. Most budgets are really just a page of lies. They fail because they are not built on any sort of financial balance but instead seem to be driven more by spending guilt. Somehow the impression is that people who go without “unnecessary” expenses are somehow purer or better at managing their money. Hogwash. …
Money won’t necessarily make you happier — but a new study suggests your chosen profession might. Using data collected for the Cabinet Office’s 2014 Wellbeing and Policy Report, global job recruitment company Michael Page created Salary vs. Happiness, an interactive chart showcasing the intersections of salaries and lifetime satisfaction ratings of employees across 260 occupations. …
Dealing with debt worries and stress can make you feel like your life is dark, hopeless and not worth facing another day. And while you feel that way, it’s not reality. I wish I had a magic wand to make you see the way forward but for some reason people feel compelled to make all …
Being in debt seems to have no limit on the amount of sad things that can happen or be felt. But what is most unfortunate is to watch people stuck in depression and hopelessness which only serves to drag them down even more. Problem debt is most unfortunate, that’s a fact. But it does not …
You can be happy and working on getting out of debt. Download my free book The Path to Happiness and Wealth.
For those of you that say money can’t buy happiness. I will tell you today what I’ve said my entire life: I’d like to believe you, but I don’t. The National Academy of Sciences released a research report this past Tuesday that showed people’s happiness and emotional well-being elevated with increasing income levels. The study, …
The satisfaction we get from buying vacations, bikes for exercise and other experiences starts high and keeps growing. The initial high we feel from acquiring a flashy car or megascreen TV, on the other hand, trails off rather quickly, reports a new Cornell study. Why are experiences more satisfying? For one thing, it’s harder to …
Julie “Dear Steve, In 2004, we bought our house for $916,000, put about $50,000 of improvements into it (e.g. finished basement, paved driveway, landscaping). In the last five years we have added a new baby to the mix and racked up $40,000 in credit card bills. Our current plan of attack is to sell the …
