ELAINE KORNGOLD, National Certified Counselor | Financial Therapy, Career Counseling, Brainspotting Therapy, ADHD Counseling | 503-770-0810 | AskCounseling@outlook.com
This article describes the results of a study of 2,000 married and co-habitating women that looks at their concerns around financial independence. In cases where the partner is the primary financial provider, 2/3 of the many women end up feeling … Read more
This interesting article describes what steps the parents can take to teach their kids financial independence while they are in middle school or high school, to avoid having them move back in as adults. https://www.kiplinger.com/article/retirement/T065-C032-S014-setting-your-kids-up-for-financial-independence.html “According to the Pew Research Center, … Read more
This financial advisor describes straight-forward ways to calculate your net worth and to figure out what your financial independence (FI) number needs to be. FI is the amount that you should have saved so that you can choose to stop … Read more
This is a study of current patterns of young people transitioning into adulthood and reaching the point of financial independence. “Financial independence is one of the many markers used to designate the crossover from childhood into young adulthood, and it’s … Read more
Here is an interesting article describing what a shopping or buying disorder means and how it is categorized as a mental health disorder. When I work with my clients struggling with this issue, we focus on noticing what feelings and … Read more
Here is a recent short article with diagrams and charts showing where Americans spend their money. It also highlights why it is so hard to save for many – https://www.marketwatch.com/story/where-does-it-all-go-heres-a-breakdown-of-how-americans-spend-their-money-2019-10-10 My website offers books and websites with additional Financial Therapy … Read more
“No matter how difficult, honest financial conversations among family members are almost always the best choice. Here are some ways to do it.” “Talking about money can be one of the most difficult issues families face — whether they have … Read more
“According to a September report from the Center for Retirement Research at Boston College, half of retirees are afraid to use their savings, often refusing to touch money they spent decades socking away expressly so they could enjoy leisure activities … Read more
“Albert Einstein is said to have once described compound interest as ‘the eighth wonder of the world. ‘He who understands it, earns it; he who doesn’t, pays it,’ Albert Einstein reportedly said.” “The beauty of compound interest is that it … Read more
Here is an interesting article that examines personal finance from the point of view of economics and guides you to start planning for your financial independence day. “Here’s the big idea: In economics, we learn that there are only three … Read more