Are You Pursuing The Right Kind Of Happiness?
- Forbes
Even after getting what we always wanted in the form of money, power, prestige, influence, or even freedom, many of us crave something more
With professional guidance comes peace of mind. Here are some key points to consider when choosing a financial advisor, attorney, realtor, business consultant, or tax advisor.
Hiring a Professional
How do I know if I need a professional? If you have to ask, you probably know the answer. To do it yourself: do you have the time, motivation, expertise, patience, and connections to complete the task from the beginning to the end? Consider these components and any follow-through along with the potential costs of a mistake if you go it alone.
What services can I expect to receive? Think carefully about what your needs are and match them to the appropriate level of service. Are you looking for a longer-term relationship or someone to help with a transaction? Be sure to ask the professional what your options are and how they view your need to ensure your idea of service matches theirs.
How much can I expect to pay? Fees and transaction costs can vary widely, but they should be fully disclosed, easy to understand, and correspond to the level of service to be provided. For hourly fee arrangements, ask up front how many hours a project like yours should take. If the professional is reluctant to disclose the total costs and what your options may be, that may be an indication to look elsewhere.
How are professionals compensated? This may vary based on each profession, so ask. Again, if they are reluctant to respond, consider moving on. Of the costs and/or fees that you pay, understand how much is going to the professional so you can make an informed decision.
What does the professional’s business consist of today and into the future? To ensure a sound and long-term ongoing relationship, research their background, experience, and book of business, as well as ask them their future plans. Thirty years of experience will mean very little to you if the professional retires next year.
Need More Guidance? Ask Us!What services can I expect to receive? Think carefully about what your needs are and match them to the appropriate level of service. Are you looking for a longer-term relationship or someone to help with a transaction? Be sure to ask the professional what your options are and how they view your need to ensure your idea of service matches theirs.
How much can I expect to pay? Fees and transaction costs can vary widely, but they should be fully disclosed, easy to understand, and correspond to the level of service to be provided. For hourly fee arrangements, ask up front how many hours a project like yours should take. If the professional is reluctant to disclose the total costs and what your options may be, that may be an indication to look elsewhere.
How are professionals compensated? This may vary based on each profession, so ask. Again, if they are reluctant to respond, consider moving on. Of the costs and/or fees that you pay, understand how much is going to the professional so you can make an informed decision.
What does the professional’s business consist of today and into the future? To ensure a sound and long-term ongoing relationship, research their background, experience, and book of business, as well as ask them their future plans. Thirty years of experience will mean very little to you if the professional retires next year.
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3 Ways The Late Daniel Kahneman Has Improved Your Life (Whether You Know It Or Not)
- Forbes
There are people who change your life because of their proximity to you and yours—and then there are those who change your life without you even knowing they exist. Regardless of which of those categories Daniel Kahneman fits into for you, he’s changed your life.
GenNext, Workers 18-34, Are Riding Pogo Sticks Into Retirement
- Forbes
Younger Millennials and Gen Z are GenNext. They are tossing career ladders and riding pogo sticks reshaping work and navigating an uncertain path into retirement.
I asked 2 financial planners whether unmarried people need life insurance — their answer was almost always yes
- Business Insider
If you share a mortgage or kids, you should probably get life insurance even if you're not married. If you choose to forgo life insurance, it might still make sense to include an unmarried partner in a will. Make sure your partner and your family are both aware of what plans you have in place.
America's new age of retirement anxiety
- Business Insider
Why saving for retirement has never felt scarier — or more confusing
Home Equity: What It Is, How It Works, and How You Can Use It
- Investopedia
Home equity is the difference between the amount you owe on a mortgage and what the home is worth. It's essentially what you own in a home. The amount of equity in a house can grow over time as you make payments and the property's value increases.
Millennial women, congratulations—you’re the economy’s new power players
- Fortune
If the economy starts looking up in the next couple of years, you've got women to thank. At least, that's according to a new report from Ned Davis Research (NDR). From job participation and employment, through to the stock market and GDP, a new study titled 'The rising influence of Millennial women' found that women currently in their late 20s and early 30s are emerging as the silver bullet to many of the economy's woes.
Video: As Prices Rise, How Much Do You Tip?
- Bloomberg
As food prices continue to rise, and some say the quality of service goes down at some restaurants or shops, how much are you willing to tip these days? The Bloomberg Surveillance team discusses.
'March Madness' Tournament Sports Betting Is Big Business
- Investopedia
Rising Interest in Women's Basketball Has Added to the Growth in Wagering
Five secrets of workplace success
- Financial Times
You may do well to remember the advice of author Daniel Pink: as we age, we are most likely to regret what we don’t do.
Some Colleges Will Soon Charge $100,000 a Year. How Did This Happen?
- The New York Times
Some Vanderbilt students will have $100,000 in total expenses for the 2024-25 school year. The school doesn’t really want to talk about it. But we should.
Are You Spending Money to Keep Stuff You Don't Need? (Apr)
- Broadridge Content
One in 10 Americans leases a storage unit. For many, it may be worthwhile to let go of unneeded belongings instead.