2020: A Values Homecoming

For all its faults, 2020 has prompted a homecoming to our values. As we deepen our understanding of impact investments, heart-fully face systemic racism, and wrestle with the wealth divide, we are also bearing witness to our clients going through the same process. During this year, advisors and clients alike are asking themselves this critical […]

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Get Out of the Waiting Room: Designing Your COVID Life

Life is a continuum, an accumulation of experiences that makes us who we are and influences how we view ourselves and the world around us.  As we review these experiences, we realize that our lives are constantly and continually permeated with change.  Therefore, how we choose to respond to and initiate change can have everything […]

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Finding Your Good Trouble

Do not get lost in a sea of despair.  Be hopeful, be optimistic.  Our struggle is not the struggle of a day, a week, a month, or a year, it is the struggle of a lifetime.  Never, ever be afraid to make some noise and get in good trouble, necessary trouble.     John Lewis […]

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The Role of Emotional Value in Client Relationships

In a nutshell, our work at Money Quotient focuses on identifying both the subjective and objective factors that either enhance or hinder an individual’s financial and life satisfaction.  Therefore, rather than using net worth as a snapshot of a client’s “true wealth,” we promote a more holistic approach to measuring financial health and maximizing quality […]

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The Value of Mission

When your clients set goals that are especially meaningful to them, they experience a sense of mission.  They feel enthusiasm for the tasks that lie ahead and for what they intend to accomplish.  At every stage of life, having a mission gives them a reason to get up in the morning, a reason to bounce […]

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Reflections in the Time of COVID-19

The current global pandemic and resulting economic uncertainly have had a profound effect on our sense of safety and control.  As individuals, we are looking for ways to protect ourselves and our families, and as financial professionals and business owners, we are looking for ways to support our coworkers and guide our clients.   The […]

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Redefining Retirement

The Transamerica Center for Retirement Studies conducted a survey to explore the fundamental question, “What does retirement mean to you?”  In selecting from a series of words associated with retirement, Baby Boomer, Generation X, and Millennial respondents alike cited “freedom,” “enjoyment,” and “stress-free” as their top picks. However, despite this shared vision of retirement, the […]

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Self-Efficacy – The Key to Financial Well-Being

In his long career at Stanford University, world renowned psychologist Albert Bandura made a tremendous contribution to our understanding of human behavior and motivation.  One of his main areas of focus was the concept of self-efficacy—an individual’s belief in their own ability to succeed in accomplishing a specific goal or task. In fact, Bandura’s research […]

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What is the Intention of Your Discovery Process?

One of the most challenging tasks for a financial planner is designing an effective discovery process that truly engages their clients’ hearts and minds, while also providing valuable insights about each person’s frame of reference. At Money Quotient, we believe the place to start is by recognizing that each client operates with two minds:  the […]

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Gratitude

In the midst of the hustle and bustle of preparing for the holidays, we are also reminded how important it is to pause and reflect on our many blessings.  (A growing body of research indicates this practice has a tremendous influence on the quality of our lives—for an example, click here) As I reflect on […]

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