“If you’re contemplating a big change, don’t just jump into it. Stop and map out the money ramifications.”
“The secret to achieving your dreams is … spend less.”
“Disciplined investing can enable you to make major life or career changes without jeopardizing your entire future, and it can also help you navigate times of uncertainty, such as those touched off by the pandemic.”
“What we might not fully appreciate is how life or career changes might create opportunities for us to save money or at least achieve more certainty about our tax burdens. No matter what our politics are or how we feel about taxes, we owe it to ourselves to take advantage of the provisions afforded to us by our tax laws.”
“Though it’s painful, if we work on our entrenched fears and transcend them, we might find that buying or selling a piece of real estate can bring us surprising happiness, fulfillment, and growth as part of a Great Money Reset.”
“Before jumping with both feet into a new venture, ask whether you can really see yourself doing it full-time.”
“To succeed with our plans, we must learn to handle close family relationships so that we gain the most wisdom and support possible, no matter what course of action we choose.”
“Don’t give up on your dream just because a family member doesn’t get it. You know best what’s right for you.”
“Start planning five to ten years before a potential life or career change, looking at spending, savings, your financial goals, and financial obligations you might have. Be sure to plan for worst-case scenarios.”