Psychological Schemas & Spending: Children’s Birthday Parties

Psychological Schemas & Spending: Children’s Birthday Parties

When our first daughter was very young–not quite two years old–we attended our first-ever birthday party for a three-year-old. (I recently talked about this experience on the Afford Anything podcast with Paula Pant). We went as a family of three. It was 2:00 in the afternoon on a Saturday. We arrived and were somewhat taken[…]

Openness to Change in Personal Finance

Openness to Change in Personal Finance

If you’ve spent any amount of time contemplating how you might improve the condition of your health, career, finances, family, spirituality, or other important element of your life, you may inevitably reach the conclusion that a change of some kind is required. Many readers of our blog and books share a common conundrum: they acknowledge[…]

On Using Assessments to Screen Prospects

On Using Assessments to Screen Prospects

While visiting Santa Cruz last year in August at the FPA Far West Roundup, I stepped into a surf shop on the wharf and saw a magic 8-ball for sale (I’m still not exactly certain what magic 8-balls and surfing have to do with each other). I hadn’t seen one of these things in quite some[…]

Technology For The Relationship-Side of Financial Planning

Technology For The Relationship-Side of Financial Planning

We recently met with Bill Winterberg from FPPad to demonstrate the DataPoints platform for advisors and chat about financial planning, what keeps all of us from succeeding in meeting our goals, and how behavioral science can help us improve our financial decisions. In this video, you’ll see how behavioral assessments can identify key wealth factors[…]

Picking Yourself Requires Some Serious Planning

Picking Yourself Requires Some Serious Planning

Who will you pick to do the work that matters most to you? There are problems to be solved, ideas to grow, and injustices that need to be addressed. Who have you decided will take on these tasks and this work? If you are considering the creation of a new business, volunteer effort, or any[…]