Let’s be honest

Every year, April kicks off with its famous Fool’s Day, but if we’re being honest, too many of us have been tricked at times throughout the year by our own behaviors and attitudes when it comes to money.

According to a recent survey mentioned in the Forbes article below, 38% of Americans admit to lying about their finances to loved ones, and more than half (54%) of the people surveyed said lying about finances is equivalent to other types of lying or infidelity. While it may be tempting to fudge the numbers to look better on paper, the consequences of dishonesty can be dire.

So, this month, let’s commit to being honest with ourselves and our loved ones in our finances, building upon a financial strategy that reflects your core values and pursues the very real goals within your grasp.

These relevant articles can help you get started. As always, reach out if there’s anything you’d like to discuss or share. Enjoy!

Survey: Lying About Money To Your Partner Is As Bad As Cheating

March 27, 2023

Infidelity in a relationship can be heartbreaking. But financial infidelity, including hidden…

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Why It’s Now Easier to Underestimate Your Expenses and Overspend

March. 27, 2023

Many people have a gap between what they think they spend and what they actually spend. This gap…

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Avoid an Audit by Knowing These 6 Red Flags

March. 27, 2023

If history is any indicator, fewer than 1% of Americans will be audited by the Internal Revenue…

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Half of US Employees Earn Extra Cash on the Side, Survey Finds

March 27, 2023

To meet increasing spending needs, households can generally do two things – cut spending or raise…

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I Took Over My Father’s Finances at 25. The Lessons Were Hard-Won.

March 27, 2023

Many adult children end up caring for their parents late in life. But when the role reversal…

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Where Financial Risk Lies, in 12 Charts

March 27, 2023

Data show worrisome trends in real estate, banks and private markets..

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