The magician’s trick pulls the coin out from behind our ear. On one side of that coin is risk and the other is control. They are part of the same coin; a sleight of hand that we call money. We love to watch the illusion and ask “how did they do that?” We tell ourselves […]
Tom is in charge of holding the balloons for his daughter’s party. The sun is going down. He looks up and notices a single balloon moving across the sky like a satellite. The balloon gets smaller and smaller and farther and farther away. He is the only one who sees the balloon. When starting a […]
The Essence of a Plan: Understanding the Context of Our Identity A man wearing a kilt is standing in set concrete up to his ankles. This was the image Jane gave to her current financial situation. She actually had brought in this exact image to my office that she had found in a magazine. She […]
In my blog post of October 5, 2010, I started off by writing “I am not a big believer in money ‘therapy’.” A reader from the investment world took umbrage with this and commented that he has seen cases where therapy around money has helped, and progress was quick. I wanted to flesh out my […]
When you were a kid and bugging your mother or father for that sparkling new toy you craved, you may have heard the old chestnut, “I’m not made of money.” Maybe you’ve even said these words to your own child or to someone asking you to fork over more than you felt you could. Well, […]
Money has long been a source of confusion for many of us, and never more so than in recent times. Why? Money is slippery. Whatever you think money is, it isn’t. Let me show you what I mean. Set a timer for 3 minutes. Now brainstorm a list that begins “Money is__________.” You can vary […]