Most businesses have no strategy when it comes to paying themselves. Some businesses take random amounts of money out of their business when they need it. Some don’t draw any boundaries between business and personal accounts and instead take funds from either...
How to Handle An Inheritance Without Stress or RegretWe’re all still spending a lot of time at home. And for many of us, that means our spending habits have continued to shift. I’ve helped a lot of my clients think through moving to a new place, buying a car or...
One of the biggest challenges in acting on our big dreams is this: it’s a part of our human nature to focus on self-preservation. Our fear of making big changes has been explored in scientific studies about behavioral economics. William Samuelson and Richard...
It’s December and during a year with so much uncertainty, fear, and overwhelm, we’re taking a moment to look back on what’s changed here at North Financial Advisors in 2020. Despite a global pandemic it’s been a big year for me as well as my...
A question that’s been coming up with clients in their 30s and 40s lately is, “I keep hearing so much about compound interest, and I’ve been saving extra for years, but I don’t actually see the compound growth yet, what’s going on? When can I actually retire?” I get...