How to think about life insurance
Insurance Taylor Stewart, CFP® Insurance Taylor Stewart, CFP®

How to think about life insurance

Life insurance is an incredibly valuable and powerful tool. But it’s also wildly controversial. I find that properly thinking about the role life insurance plays in your life can greatly simplify the decision of how much and what kind of life insurance to buy.

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How to find your financial purpose
General, Psychology, Behavioral Finance Taylor Stewart, CFP® General, Psychology, Behavioral Finance Taylor Stewart, CFP®

How to find your financial purpose

Have you ever watched a new sport? One of the first things to understand is “How do you win?” meaning, what is the ultimate goal? Is it the highest score (e.g., football)? Lowest score (e.g., golf)? How do you score in the first place?

We rarely ask that about life itself. We just live and then later look back wondering what the hell we’ve been doing all these years. Read on to learn how to start asking— and answering— that question about life itself.

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The point and purpose of “financial purpose”
General, Behavioral Finance, Psychology Taylor Stewart, CFP® General, Behavioral Finance, Psychology Taylor Stewart, CFP®

The point and purpose of “financial purpose”

Talking about “financial purpose” can seem “fluffy” to some people and I’ve gotten my fair share of eyerolls over the years. But here’s the thing. Purpose isn’t fluff, it’s the logical way to live. Read on to learn why having a financial purpose makes it so much easier to make the most of your money.

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The 6 variables you can actually control
General, Psychology, Behavioral Finance Taylor Stewart, CFP® General, Psychology, Behavioral Finance Taylor Stewart, CFP®

The 6 variables you can actually control

Personal finance can be overwhelming. Here’s the good news. There are only six variables you can actually control. Everything else is out of your hands. Do what you can with those six variables to give yourself the best chance of pursuing your financial purpose, and from there, life will be what it will be.

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Flow-Based Budgeting
Cash Flow & Budgeting Colin Page, CFP® Cash Flow & Budgeting Colin Page, CFP®

Flow-Based Budgeting

Have you ever tried to make a budget, but never really bought into it? Maybe it went out the window when life happened. Perhaps you felt like the bad cop when trying to make sense of your credit card bill with your spouse. Or, were you were the one being interrogated?!

Budgeting is challenging. It can generate conflicts and induce guilt or shame. It can feel artificially constraining and time-consuming.

I’ve tried many budgeting systems, and I’ve quit them all. That is, until I learned about Flow-Based Budgeting.

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Budgeting is Optional (Tracking is Necessary)
Cash Flow & Budgeting Colin Page, CFP® Cash Flow & Budgeting Colin Page, CFP®

Budgeting is Optional (Tracking is Necessary)

If you’re like me, the idea of budgeting is not very high on your list of things you like to do, falling somewhere between going to the dentist and doing your taxes. If you’ve ever tried co-budgeting with a spouse or partner, it’s at best “no fun,” and at worst it’s an area rife with disagreement, judgment, and defensiveness. You may think you already know where your money is going (you don’t), or perhaps you don’t really want to know… It’s no wonder we don’t do it.

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