I get asked constantly, “Chris, you talk a lot about how investing in 401k’s and IRA’s can be bad. So where should I be investing?” The answer is pretty simple: Wherever you are very knowledgeable and passionate! Knowledge Most people lack the discipline to to take the time to really master any investment. Most hope… Continue reading What’s the Right Investment for You?
Some of you might be thinking, “Chris, can debt really be used wisely? Shouldn’t it be avoided?” On the other hand, others of you might think, “I love using debt!” However, you might be struggling paycheck to paycheck as well. So how can debt be used wisely where it doesn’t affect your peace of mind?… Continue reading How to Wisely Use Debt
How many times have we heard…. “Just think big and your dreams will come true?” When I hear people say that, INSTEAD I think of Pedro from the movie “Napoleon Dynamite,” when he says…. “Vote for me and all of your wildest dreams will come true.” Both statements in my mind are just hot air.… Continue reading Why Thinking Big Is Crazy
One of the biggest money leaks I see in my clients is they are so focused on the expenses, they forget about making money. As you’ll here me say time and time again, dollars follow the value you create for others. You need to be a creator, not a consumer, if you want to make… Continue reading 5 Easy Ways to Earn More Money
Have you wondered if now is a good time to invest in real estate? Are things starting to pick up in your area? Many of you know that I didn’t have the best experience with real estate. Part of the money I had to pay back was because some of my real estate went sour.… Continue reading Is Real Estate a Good Investment Right Now?
Although I’ve been talking about this for 6 or 7 years, I’m making a bold prediction that most in the media ignore because it’s NOT comforting for the average person. In fact, it’s down right frightening! (Don’t despair too much. Unlike some of those conspiracy theorists out there with no answers, I do have a… Continue reading What Isn’t the Media Telling You About Your Money
Even though I’ve coached hundreds of financial clients across U.S. and Canada and been interviewed on TV and radio, I’ve found teaching one group of people to be the most challenging of all….my 5 kids! Do you feel like this sometimes too? Teaching kids about money isn’t always easy when they are constantly bombarded and… Continue reading How to Teach Your Kids About Money
Often, when working with my clients, they’ll ask me, “Chris, should I get a business loan?” My answer is typically the same – “That depends on what kind of business owner YOU are.” Dallas Mavericks owner and Shark Tank star, Mark Cuban, offers some pretty bold advice on this subject. Watch Here! What… Continue reading Should You Get a Business Loan?
Have you ever noticed that we take money way too seriously? Do you ever feel negative emotions when you think about your money situation, or the lack thereof? As I was going through my roughest times financially 5 years ago, I remember I had mornings where I would wake up and have no clue how… Continue reading Making Money Fun
The other day, I heard my son say about buying a certain toy, “I can’t afford it.” As you can imagine, I jumped all over that. I quickly corrected him and said, “You mean you are still saving up the money to get it, right?” Of course he agreed, and went on his way. This… Continue reading Change Your Words – Change Your Results!