I have been a huge fan of Disney animated films for as long as I can remember so I always welcome the opportunity to take my kids to see the latest release. Besides, Disney movies are often chockfull of life lessons and great conversation starters, and the new Frozen sequel is no different. From female empowerment to transformative change to emotional expression, the film hits on a lot of big topics. Many of which can be applied as financial lessons.
Spoiler alert: If you have not seen Frozen 2 yet, you may want to hold off on reading this until after you have.
In the movie, Elsa and Anna believed that their grandfather's gift of a dam for the Northuldra people was a peace offering. However, they later learned that their grandfather actually built the dam, knowing that it would harm the tribe’s lands. The grandfather then attacked a Northuldra...
What is your biggest fear? Ask a child and they may respond that it's spiders or snakes or some other creepy-crawly. However, as we grow older, we begin to realize that there are other kinds of things to fear. For example, fear of losing a job or fear of not being able to pay the mortgage.
The consequences of the things we fear can seem unbearable. Money fears are no different. So, what do most people do? Lie and hide. That's right. I said they lie and they hide. They lie to themselves about how serious things are, and they hide their fears or their consequences from others.
Some of these may be the very people who could help, but fear and shame keep them from admitting they are in trouble.
Getting honest about money when you are in trouble feels risky. In some cases, it can cause harm, and in others, it can create worse case scenarios. From missing a payment and having an adverse credit score to causing financial damage to a business or institution,...
I just got an email from some clients of mine. It's a young couple I've been working with over the last year. Quite frankly, I adore working with them because they implement my recommendations and are seeing fantastic results. At any rate, the email was letting me know that one of them was recently in a car accident and her car was totaled. Fortunately, she's okay besides some bumps and bruises.
It would've been very easy for them to throw their hands up in frustration and give up when faced with this financial setback. Instead, they reached out to make an appointment to discuss their options. A year ago, they probably would've entered into a loan they couldn't really afford that would continue to set them back every month. What a difference a year makes!
Making the decision to shift to a wealth mindset is the first step of many towards building a wealth legacy. Taking action is the second step. Both steps are essential...