You may not know this, but there is a joke in the investment world that October is the worst month in which to invest. It’s easy to get swept up in the seasonal chatter about how this month is supposedly more dangerous for the markets than others. But before diving into these claims, here are some wise and witty words from Mark Twain: “October: This is one of the peculiarly dangerous months to speculate in stocks. […]
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Do you command your wealth?
“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.” — Edmund Burke True wealth is not just about accumulation, but about mastery and control of our choices. It’s about making our money work for us in alignment with our deepest values and aspirations, transforming it from a source of stress into a tool for achieving personal freedom. We work with clients who work seven days […]
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A worldview shaped by ‘enough’
Wherever people are involved… it’s not uncommon for conflict to arise—whether with loved ones, colleagues, or even within ourselves. At the heart of many of these conflicts lies a common thread: a worldview shaped by scarcity. We may think that conflicts are purely situational, stemming from disagreements or unmet expectations, but more often than not, they go deeper. They reveal a story of feeling like we don’t have enough, aren’t enough, or aren’t receiving enough. Scarcity, […]
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Once bitten…
When was the last time you worried about being bitten by a shark? Probably not recently, unless you’re an avid surfer. Here’s a fascinating statistic that might make you smile: sharks bite around 70 people annually, while New Yorkers bite approximately 1,600 people each year. Surprising, isn’t it?? This quirky comparison teaches us something profound about how we perceive risk – especially when it comes to our finances. Often, we’re so focused on the dramatic “sharks” […]
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Clarity and purpose under pressure
“The ability to continue moving when you are feeling scared, fearful or lazy is the sign of true mental strength.” – Matthew Donnelly Success in the corporate arena often mirrors high-stakes athletics: both demand unwavering focus, strategic thinking, and most crucially, mental toughness. Yet while executives routinely invest in skills training, business acumen and strategic development, few actively cultivate their mental resilience – the quality that often determines long-term success. The parallels between building wealth and […]
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Different is as different does
Albert Einstein is often credited with saying, “Insanity is doing the same thing over and over again and expecting different results.” Think about that for a moment. It’s a statement that cuts through the noise and forces us to ask: If we’re stuck in a cycle with our money, how can we possibly expect things to change if we aren’t willing to do something different? Many of us find ourselves on repeat when it comes to […]
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The Snowball vs. The Avalanche
Imagine standing at the base of a snow-covered mountain, looking up at the debt that’s accumulated over the years. It feels overwhelming, doesn’t it? But here’s the good news: you’ve got two powerful tools at your disposal to tackle that mountain – the Debt Snowball and the Debt Avalanche. Let’s explore these methods and see how they can help you reclaim your financial freedom. The Debt Snowball: Small Victories, Big Momentum Picture yourself rolling a small […]
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Simplify. Streamline.
“Simplicity is the ultimate sophistication.” – Leonardo da Vinci In a world where complexity and overwhelm often cloud our judgement, applying the principles of simplicity to our financial lives can be transformative. While the concept of minimalism often conjures images of sparse living spaces or capsule wardrobes, its core philosophy—removing the unnecessary to make room for what’s truly valuable—can also revolutionise our approach to personal finance. Streamlining Spending Habits The first step to decluttering your finances […]
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The EI edge
Have you ever wondered why some people seem to effortlessly manage their finances while others struggle, despite having similar incomes or financial knowledge? The answer might lie not in their bank accounts, but in their hearts and minds. While financial literacy is undoubtedly important, there’s another crucial factor at play that often goes overlooked: emotional intelligence (EI). As Darwin Nelson and Gary Low astutely observed in 2011, “Emotional intelligence is the single most important influencing variable […]
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Understanding Financial Codependency
“Don’t forfeit your self-esteem to another’s disapproval or rejection of who you are or what you have done. Even if the most important person in your world rejects you, you are still real, and you are still okay.” – Melody Beattie Money conversations become particularly complex when our relationships shape our financial decisions. At WellsFaber, we often see how the desire to maintain harmony in relationships can lead to financial choices that don’t serve our clients’ […]
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