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Tell Me Why Inflation Is All Over the News

Happy Thanksgiving! Every year I make my kids watch Garfield’s Thanksgiving and A Charlie Brown Thanksgiving. The nostalgia makes me happy and grateful. Sometimes it’s still hard for me to believe that I’m a grown-up and have a family of my own! I’m hoping this year will be the year that I can force my family to watch Planes, Trains, and Automobiles.  So good!

Wish you and yours a wonderful Thanksgiving!

Here’s what I’ve been reading this week:

An Antidote to Inflation? ‘Buy Nothing Groups Gain Popularity’

I like saving money as much as the next person. I also like this idea from an eco-friendly perspective. But I’m not ready to “Buy Nothing”. You?

How to Beat Retirement’s Nemesis: Inflation

As you can see, inflation is the latest hot topic in the world of finance. Here are some ideas of how to protect your spending dollars.

Buy Stocks to Prosper. Buy Bonds to Sleep at Night.

Investing in bonds (you are loaning money to a company) is getting a bad rap in the marketplace due to the massive run in stocks. Read why you should consider keeping bonds as part of your overall portfolio.

5 Money Mistakes to Avoid When Getting Divorced

If you or someone you know is considering a divorce, this article deserves a read. Divorce is an emotionally draining and stressful time. Most people don’t have the bandwidth to consider the financial ramifications when assets are being split. And, unfortunately, many attorneys don’t have robust financial knowledge of different accounts and their tax consequences. It can help to engage a financial planner early in the process of your divorce. Please let me know if you ever need a referral to a financial planner who specializes in the divorce process.

No One Cares! and Taming the Mammoth

This week I read two interesting articles on how to stop caring what other people think of you. Studies show when you stop letting other people’s opinions seep into how you view yourself, you will be happier. As a recovering people-pleaser (I relapse all the time…), it was interesting to read how human it is to care what other humans think of you. It goes back to cave person times. This article gives tips on how to consciously train ourselves to stop caring what others think of us.

I Want to Take My Friends on Vacation. But I Have One Big Worry.

Um, can I be this person’s friend?  It would be incredible to have enough financial security to be able to take friends on vacation! Where would you take your BFFs?

Until next week!

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BW Financial LLC dba BW Financial Planning is an Investment Adviser registered with the State of Colorado.

All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. We may, from time to time, have a position in the securities mentioned and may execute transactions that may not be consistent with this communication’s conclusions. This communication is for informational purposes only and should not be construed as legal, accounting and/or tax advice. Should you have any questions and/or issues in these areas, please consult your legal, tax and/or accounting adviser.

Behavioral Finance, Financial Planning, Retirement