Many studies have been done regarding our spending habits and relationships towards money. It's different for everybody, as we all have our own habits and past issues that govern how we relate to our money at this stage in our lives. In the past generations going back to the 20's-50's, the envelope method was the…
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Chestnut Celebrates Its 25th Anniversary!
While writing a check the other day and forgetting to write 2014 instead of 2013, it struck me that I started our company, Chestnut Investment Group in 1989, and according to my handy-dandy calculator, we are proudly celebrating our 25th anniversary! Time flies as they say: I remember all too well and it seems like…
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Life Is About Preparing For The Unexpected
While returning to NY recently on a flight, I was settled comfortably (an oxymoron?) in my aisle seat before takeoff, and at the last minute, a person filled the middle seat next to me. He was a kid (hey... at our age, they're all kids!) dressed typically for the day: hat turned sideways, lots of…
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The Top 10 Ways To Prepare Children For A Financial World
Teaching financial skills to our children in today's complex financial world is as critical as teaching hunting and farming skills to children hundreds of years ago. Yet virtually every study and survey about children's knowledge of managing money shows our children receiving failing grades. A poll by the Jump$tart Coalition for Personal Financial Literacy, for…
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