Today, more teens are employed than they have been in over a decade. As of May, the Bureau of Labor Statistics shows unemployment rates for ages 16-19 among the lowest in the past 68 years. That’s good news for anyone contemplating the next generation of leaders – and for our economy.
Wedding season is upon us. Money management is so foundational to a successful relationship that it is often the leading cause of divorce.
The June edition of the UPotential webinar series entitled “Marriage Vows, Instead of Money Woes” discussed some of the reasons why money breaks up so many relationships and offers some suggestions to help couples establish a good money partnership or repair a poor one.
I have been working with clients preparing for, undergoing and recovering from divorce and separation throughout my career. Most approach the decision to change their family structure with fear and sadness…
I love to learn about families that have successfully separated and reinvented themselves. This article highlights the key aspect of successful separation: keeping the children’s interests top-of-mind. While not all ex-spouses will spread love and accolades about a new wife, this article shows that when the children and civility are the highest priority, Family 2.0 doesn’t have to be wrought in conflict and contempt.
Popular TV shows like Schitt’s Creek and Arrested Development feature children who cannot function without the financial support of their affluent families. Caricatures of these spoiled children are played for laughs. I find that many clients with investable wealth of anywhere between $1 – $5 million confide how difficult it is to raise well-rounded and ambitious children. They say that their children expect or demand things that would have been unthinkable to children a generation ago.