Getting Back on Track with Your Resolutions

By Kevin Gibbons We’re in the last week of January. That’s a good time to check how we are doing with our New Year’s Resolutions. Most behaviorists agree that 30 days is a good period for establishing a new habit. Whether you are on track or not, it is important to periodically check in. So, let’s talk about where we …

Spending Plans for All Incomes are Gaining in Popularity

By Kevin Gibbons Paul Sullivan recently wrote an article in the New York Times about how Merrill Lynch is helping rich clients budget “like everyone else.” Merrill Lynch’s Center for Family Wealth Dynamics and Governance is creating a document for wealthy clients entitled “Considerations for Decision-Making around Expenditures.” They have found that their wealthy clients are looking for help determining …

The 9 Savvy Money Habits

By Melissa Tosetti Success lies in good habits.  If something is a habit, it’s routine and the repeat of that routine builds to success. Over the years of working with clients to help them turn their day-to-day financial situation around, we’ve identified nine habits that are key to start living and sustaining a Savvy lifestyle. While the majority of the …

Sprint or Marathon Shopping?

By Melissa Tosetti Don’t do it. Just, don’t do it. Marathon shopping trips that is. You know, those days when you leave your house and try to get all your shopping done in one day. Whether it’s clothes shopping or holiday gift buying, lengthy shopping excursions are almost always a bad idea. Why? When you’re trying to stick to a …

Triage Spending – A Success Story

By Melissa Tosetti Brad and Courtney recently moved back to the States after several years of living in England. While overseas, they lived on two very modest incomes. They reached out to us to create a Spending Plan once they were both working full time again. With the kids getting older, they try to balance enjoying life now while paying …

Living on a Boat – Savvy Minimalism

By Kevin Gibbons We recently published an article describing the differences and similarities between Minimalism and Savvy Living. The takeaway is that Minimalism focuses on the escape of consumerism and maintaining just the essentials, while Savvy Living is about choosing where to spend your money based on what is important to you. We have a friend who has managed to …

Do You Need a Spending Plan?

By Melissa Tosetti When going to the grocery store or a place like Target, how many times have you swiped your card at the register, walked out to your car and realized that you have no idea how much you just paid for your purchase? As convenient as it’s made our lives, the advances in banking and technology over the …

How Much Beer Would It Take?

By Kevin Gibbons We’ve written before in our article Swipe – Go – Not Know about how hard it is to realize the value of the money we spend on our purchases. With the myriad ways available to us to buy products and services, it is so easy for the purchase price to be an abstraction, rather than related to …

A Shift in Money Mindset

A Case Study by Melissa Tosetti Sometimes, retirement happens to you. Last year, Ellen was released from her work at Macy’s – a job she thoroughly enjoyed and wasn’t mentally ready to retire from yet. While she had money set aside for a comfortable retirement, she had to make sure her spending habits didn’t threaten that foundation. You see, Ellen loves …

The Average vs. The Savvy Person

By Melissa Tosetti I find it romantic to believe that money isn’t important.  How wonderful would it be to live life without being burdened by monetary details?  But the truth is, money affects every aspect of our lives.  It affects how we dress, where we live, what we eat and how we spend our free time.  It affects our emotions …