Here’s a simple exercise I do with my clients, whether they are single or married.  Try it yourself.  If you are married, do this separately from your spouse.

• Set aside a few minutes for yourself (yes, you DO have time for this).

• Take a piece of pape...

Yep.  And it’s a great idea.   Now don’t get all wound up and start opening ROTH IRA’s for all your kids/grandkids when they are born.  To be eligible to contribute to the ROTH IRA, the minor child must have EARNED income.  A generous gift from grandma, interest/divide...

About 4 years ago a gentleman named Thomas Corley did some research on the daily habits of the rich and poor. 

• The “rich” he chose had $160,000 or more in annual income, and had $3,200,000 in assets. 

• The “poor” made $30,000 or less per annum, and had less t...

The other day I read an unusual article by C. Jay Engel about how humans and their money interact.  The analogy he used to illustrate the point was popcorn.  Here’s my paraphrased version of the story:

Morrie and Mary love to watch movies at home and eat popcorn....