Are taxes really that emotional? While taxes might seem like a tactical, technical financial topic, there’s so much uncertainty, fear, pressure and tension around taxes. In Episode 6 of The Rich Life Radio Show, James breaks down how to deal with tax season in a healthy way. Call in your questions at 513.401.5848! Brought to you by Wealthquest.
What does your heart rate have to do with your finances? It provides us a powerful analogy for how our financial lives should operate. Your body was designed with significant margin. As you sit and read this post, it’s likely that your heart is at its resting rate. What happens when you need to climb a flight of stairs? Chase after your toddler? Go for a run? Your heart rate safely elevates to meet the new physical demand. And that’s how our finances really should work. When an expense creeps up, we should be able to accelerate for a short period...
Just like when they learned how to walk, your kids need to be able to fall down over and over again as they learn about money. Creating a safe environment for them by letting them make $5, $10, and even $50 decisions when they’re young so that they don’t make $500 or $50,000 decisions when they’re adults. Listen to episode four of The Rich Life Radio Show to learn how to create a productive version of “The Bank of Mom & Dad” that promotes saving and creates a safe environment to learn about money. James’ also fields questions from the...