Cybersecurity Insights: Protect Your Child’s Identity

Cybersecurity Insights: Protect Your Child’s Identity

By Jared Hoffman Protect the young person you love. Many under the age of 16 don’t have much money, a line of credit or even a job. Cybercriminals don’t care. They have made this group of youth their No. 1 target for identity theft. In this video, cybersecurity specialist for the BAM ALLIANCE Jared Hoffman explains why children are targeted, offers some warning signs that a child’s identity has been compromised, and shares preventative steps to keep this from happening to a young person you love. To view original article click here. By clicking on any of the links above, you acknowledge that they are solely for your convenience, and do not necessarily imply any affiliations, sponsorships, endorsements or representations whatsoever by us regarding third-party Web sites. We are not responsible for the content, availability or privacy policies of these sites, and shall not be responsible or liable for any information, opinions, advice, products or services available on or through them. The opinions expressed by myself and other featured authors are their own and may not accurately reflect those of Lifeguard Wealth. This article is for general information only and is not intended to serve as specific financial, accounting or tax advice. © 2018, Lifeguard Wealth As always, if you have any questions please contact Lifeguard...
The Financial Advisors’ Guide to Being a Better Human

The Financial Advisors’ Guide to Being a Better Human

Tim Maurer, Director of Advisor Development, 3/23/2018 I recently received a text message from my mother that I’ll never forget, letting me know a long-time family friend was checking her mail when a tree branch fell and killed her, instantly. Her legacy is a redemptive one, but her loss no less tragic. In the same week, I heard from a colleague how her sister’s serious medical diagnosis had upended her life and work. And only two weeks prior to that, I was just settling into what I thought was a routine annual meeting with one of my most beloved clients when she floored me with the news that she’d been recently diagnosed with cancer, and would be enduring surgery shortly. This confluence of tragic news stopped me in my tracks. Discontinuing Education So much of the work we do as financial advisors teaches us to educate clients to adequately prepare for and respond to some of the worst news that befalls any of us–like death, disability and divorce. And the longer we spend in our careers, receiving news of painful circumstances that have befallen our clients can become commonplace, even predictable. We’re well trained on the tactical and technical elements of this planning, but we get virtually no training at all regarding how to properly receive this news, how to process it ourselves, and how to help our clients through it. My professional certifications and affiliations require 90 hours of continuing education in a host of technical disciplines every two years, but not a single hour on skillfully, compassionately navigating client grief. We’re inundated with training to become technicians, but suffer...
The Wrong Place and Time to Have a Money Conversation

The Wrong Place and Time to Have a Money Conversation

By Carl Richards A few weeks ago, I got home late after a long trip. I’d been traveling a lot recently and didn’t sleep well that night. The next morning, I woke up and felt like I’d been hit by a truck. Emotionally, I was at a really low point. When I came downstairs that morning, I asked my wife, “How are you?” She said she hadn’t slept well. Her tone was matter-of-fact, but given my thoughts and emotions, I made a huge mental leap. I took her answer way more personally than I should have. What did I do wrong? Did I keep her up late? Did I snore too loudly? Why was she blaming me? As I went down this mental rabbit hole, I started to get mad. It wasn’t my fault she hadn’t slept well. To be clear, my wife didn’t mention my name or even hint that I’d done anything. All she said was, “I didn’t sleep well.” But because I was tired, I reacted to what I thought she meant. I mentally curled into a fetal position and then went on the offensive. You can imagine how the rest of the conversation went. I’ve made this mistake many times before, and you might have, too. When we’re in a bad place mentally or emotionally, we engage in what some people call basement thinking. Every little comment feels like a personal attack. We can only see the obstacles in front of us, and not the potential solutions in between. We also default to shaming and blaming the people around us for how we’re acting. Of course,...
4 of the Best Financial Investments You Will Ever Make

4 of the Best Financial Investments You Will Ever Make

By Joe Delaney Are you getting good returns on all your investments? There may be some you’re not even looking at. Usually the topic of investing is constrained to financial instruments. Advisors assess risk and calculate gains. It’s all about the numbers. Maybe your financial assets are appreciating in value, but it’s time to wake up to deficits you have in the value of other assets. Life assets. Here are four ways to “reallocate” some financial resources to improve overall life gains. Invest in time with (guy/girl) friends. I recently went on a trip to Southern Utah with guy friends who have been in my life for nearly 40 years. We camped out under the stars, sat around a fire and talked like only old friends do. We celebrated the things we were thankful for. We shared our life challenges, too: health struggles, loss of loved ones, broken relationships. Studies show that friendships among others of the same gender help us not only cope with stress, but become more resilient to it. In other words, we invested in each other on that trip. The memories we made are paying great dividends no calculator can measure. Invest in unplugging. If you’re a strictly analytical person, you might think that this was nice, but ultimately unproductive time. A loss to make up when you get back to the office. Thus, you’d better have your iPhone handy to keep in touch. I didn’t. For the first time in years, I completely unplugged over this eight-day trip. (I had to. This was Southern Utah!) The result? I did not come back feeling overwhelmed...
Build Your Own Dream Network – Insights From Author Kelly Hoey

Build Your Own Dream Network – Insights From Author Kelly Hoey

By: Manisha Thakor Strategies for strong relationships: Manisha Thakor talks with columnist and author Kelly Hoey on the MoneyZen Podcast about how to build your dream network, and then leverage its power, to meet your life and career goals. By clicking on any of the links above, you acknowledge that they are solely for your convenience, and do not necessarily imply any affiliations, sponsorships, endorsements or representations whatsoever by us regarding third-party Web sites. We are not responsible for the content, availability or privacy policies of these sites, and shall not be responsible or liable for any information, opinions, advice, products or services available on or through them. The opinions expressed by featured authors are their own and may not accurately reflect those of the BAM ALLIANCE. This article is for general information only and is not intended to serve as specific financial, accounting or tax advice. © 2017, The BAM ALLIANCE Click here to read the original...
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