Why financial success can’t be measured by what you earn: “If you’re spending all your money accumulating assets that don’t appreciate and racking up debt, you’re not building true wealth. You can have a six-figure salary and still be broke.” Financial columnist Michelle Singletary, “How to calculate your net worth,” The Washington Post, July 19, […]
Archive | Making, Spending, and Saving Money RSS feed for this section
Retiring In Florida: Here’s What It Really Costs To Live The Dream In 3 Different Cities
Florida is one of the best places to retire in America. But how much does it really cost for a dream retirement in the Sunshine State? We just collaborated with journalist Hillary Hoffower of Business Insider to calculate what the typical retiree really needs to stake out their place in the sun. The rules? Our […]
Even Celebrities Get Told To Stop Spending Money
See if this makes you feel better about sticking to a budget. Even celebrities get told to stop spending money, says celebrity accountant Kristin Lee, who manages the finances of top entertainers, athletes and musicians. Here’s some of her insider tips for helping her rich and creative clients stay on top of their financial game: […]
Are Good Times Going To Your Head (And Wallet?)
Economists say some people may be letting good times in the stock market go to their head, and their wallet. U.S. savings rates have recently dropped to a 12-year low, as Americans make record withdrawals from their investment and 401(k) accounts. Where is the money going? It’s being used to pay for everything from kitchen […]
Money Lessons From The Super Bowl
Making it to the Super Bowl can mean big bucks in bonuses for players. Here’s what one wise financial planner who works with young athletes tells his players: look at bonuses not as extra spending money, but as way to boost your investment balances or pay down debt accumulated in the early part of your […]
Forget The Wedding Planner: Why Couples Should Hire A Financial Planner First
With more couples marrying later, and bringing debt, assets and entrenched money habits into the marriage, talking to a financial planner before tying the knot is much more important than picking out the right china pattern. It’s not just a question of who pays the bills, and whether to open a joint account. It extends […]
Wanna Be A Millionaire? Here’s What You Need To Do
What’s the secret to becoming a millionaire? Self-made millionaires clearly know how to make money, and more importantly, most know how to save it and make it grow. That’s how they accumulate wealth. Certified Financial Planner Thomas Corley spent five years researching and talking with 177 self-made millionaires for his book Rich Habits: The Daily Success […]
Quote Of The Week: Want To Make A Million? Beware Lifestyle Creep
Love this quote from financial writer Sandy Block. It helps explains why the biggest earners we work with aren’t necessarily those with the biggest portfolios… “One of the biggest barriers to reaching the $1 million milestone isn’t a stock market meltdown or even a brief period of unemployment. It’s something financial planners call lifestyle creep – […]
Aye Matey! Too Much Real Estate Sinks Pirate Johnny Depp’s Ship
The new “Pirates of the Caribbean” movie installment just opened in the theaters, and let’s hope it generates a treasure chest of gold for star Johnny Depp. He needs it, or else he may be forced to walk the plank by lenders and tax collectors at the IRS. How on earth did Depp get himself into […]
Cheat Sheet: When Is It OK To Help Out The Kids?
No need to be ashamed. We know that parents often get roped into paying a bill or two for their grown-up kids. (Full confession: I’ve paid more than my share!). In fact, more than half of parents surveyed admit to having helped out the kids financially within the last 12 months. But there’s nothing more agonizing […]
Subscribe to FREE Updates
Stay informed about financial planning and investing issues that impact your life today and tomorrow! (we respect your privacy)
About Mari Adam, CFP®
Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for twenty five years. Mari has appeared in publications such as Business Week, CBS MarketWatch, Wall Street Journal, Kiplinger’s, Newsweek, and Money Magazine.
