One day, we’ll look back on these strange days and tell stories about the COVID-19 pandemic of 2020.
But right now, we’re getting through it. One day at a time.
In difficult times, it’s easy to think we are alone. Especially when our loved ones and support system are far away or reduced to virtual connections.
What should you look for in a spouse? Someone who is good looking with a great sense of humor, of course, as well as someone with your shared hobbies and interests. But should you also marry for money and look for a spouse with a great bank account balance? Maybe a well-educated doctor or lawyer even? Not exactly, but you should consider money when considering a spouse.
Having a baby and deciding on childcare options to care for your special bundle of joy is a very personal decision that is best made based on each family’s individual circumstances. Choosing whether a parent should stay home with your baby is a tough decision. Nonetheless, we can offer a few helpful pointers to frame the discussion and help you run a cost/benefit analysis.
It is all too easy to focus on things you cannot control when it comes to money: the stock market, a looming recession, trade policy, the value of the dollar, inflation, the rate of return of your 401k account, how your neighbors spend and whether you need to keep up with their Christmas decor… the list can go on and on, resulting in depression and ennui. Wait a minute though. Personal finance is not something that happens to you, it is inherently something that you control. What happens in the world outside your wallet does not need to weigh heavily on you. Sure, it can impact the value of your 401k, but not your habits and actions. No one can control the markets, but we all can take control of our own personal market and money.
This is the road map of life.
