As Halloween nears, with its sugary treats and sticky candy, there’s a different kind of stickiness that many Americans are finding themselves in right now – they’re calling it “golden handcuffs.”
As the low interest rates, higher salaries, and membership discounts that were scored before the pandemic can’t be matched in today’s economic climate, it’s binding people who would like to move, change jobs, or even just join a nicer gym. But making leaps like that right now could leave you worse off financially in the long run. Are you comfortable but just feeling a bit stuck, as the Wall St. Journal article below describes?
Navigating the complexity of personal finances may be more frightening than usual this Halloween season. But that’s why our work together toward your long-term goals is crucial. We can assess your options, identify potential pitfalls, and create a strategy that allows for confidence and growth.
The articles below can fill you in on what’s happening in the financial world this week. And if you have any questions, let’s make time to talk. It’s never too late to free yourself from a sticky situation.
You’ve Never Had It So Good. That’s Why You’re Stuck.
Oct. 13, 2023
Across the country, people want to find better jobs, bigger homes and even nicer gyms. But making…
Wider War in Middle East Could Tip the World Economy Into Recession
Oct. 16, 2023
The Hamas attack and Israel’s response are taking a heavy human toll. A global economic downturn…
4 Tips to Help Aging Parents Manage Their Finances
Oct. 16, 2023
Aging parents or relatives need more help managing their finances. If the onus is on you, here’s…
Three ways to think about the future world economy
Oct. 12, 2023
When uncertainty is high, we paradoxically gain more from assessing the global economy at a more…
Are You Messing Up With Money? Here’s 10 Key Hacks
Oct. 11, 2023
Things people shouldn’t do with their money: Run up huge credit card bills, use stock brokers as…
How to Rethink Your Media Subscriptions and Save on Monthly Fees
Oct. 16, 2023
Evaluate your household service use and turn plans on and off without losing your preferences.