Chen

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7 Ways to Get on the Same Financial Page With Your Spouse or Partner

7 Ways to Get on the Same Financial Page With Your Spouse or Partner

You love your spouse or partner dearly, but when it comes to money, there's friction - so you avoid talking about it. It's uncomfortable and you just can't seem to get on the same page. One spouse might be a spender and the other, a saver. Or one spouse thinks long-term and the other, short-t[...]
Prioritize Your Money

Prioritize Your Money

Q. My husband Tom and I follow your podcast. He is a car mechanic and told me he wants to buy new handlebars for his motorcycle. It will cost $1800 because it involves additional parts. The funny thing is, he plans to sell the motorcycle! I reminded him about opportunity cost. What more help can you[...]
4 Choices for a Former Employers’ 401(k)

4 Choices for a Former Employers’ 401(k)

Have you left an employer and your 401(k) with them? I recently received an email asking about what to do with a 401(k) plan that was left with a former employer. Here was the question: Hi Linda, I would like your opinion on the following; my wife is beginning a new chapter in her career a[...]
7 Fantastic Financial Books I Recommend

7 Fantastic Financial Books I Recommend

I’m really picky about which books are a must-have for your wealth building library, of course, so I won’t be recommending a lot. But there are some that made a real difference in my life and really stand out and I’d like to share them with you. 1. Before anything else, I would read Think and Grow [...]
What's a Spending Philosophy?

What's a Spending Philosophy?

I've always believed in having a spending philosophy rather than a budget. Budgets are like diets: they feel restrictive, you want to go off them as soon as you start them, and over time, they may give you a bad relationship with money. I'd rather talk about a "spending philosophy." A "spending p[...]