Everyone experiences times when there are more decisions to be made and times when matters coast along with relatively less decision-making required. There are various types of “big decisions”, some of which are financial and others that fall in the category of life decisions. Certain of the heaviest decisions combine financial and life aspects. This last type requires research, thought and patience.
“Heavyweight decisions” range from:
More and more lately, perhaps as a result of the post-pandemic world, I am being asked for basic financial advice – from both young people AND those in the over-55 crowd. By the way, the over-55 crowd who ask this question are typically wealthy with comfortable lifestyles. The basic financial advice they seek includes the question, “Are we OK financially?”
A handful of smart people ask for further definition of “OK” and then ask the same question, “Well then, are we OK financially?” The answer comes down to super-basic elements, and thus today’s short edition of TGIF 2 Minutes.
