This weekend, I waited in line for two hours at the Heath Ceramics store in Sausalito for a rare factory sale. Products that were not quite up to store standards were discounted, making the set of four coffee mugs I purchased slightly more reasonably priced.
Cognitive decline, a natural part of aging, can significantly impact an individual’s ability to make sound financial decisions. As we age, changes in cognitive abilities such as memory, attention, and executive function can subtly erode our financial acumen. This decline can range from simple forgetfulness to more severe forms of impairment like dementia. The effects are far-reaching, affecting everything from daily budget management to long-term financial planning. Alarmingly, the decline often goes unnoticed by the
individuals themselves, making them vulnerable to financial mistakes or exploitation.
At One Wealth Advisors, a primary driver behind the growth of our business has been from client referrals. Our philosophy has been that the more we focus on client service and planning, the more clients might be inclined to introduce us to a friend, family member or any other individual in their network. Upon being introduced to a prospective client, oftentimes we are asked, “What is your minimum?” When we first started One Wealth my favorite answer was to say, “Our minimums are nice people!”
I’m a Philadelphia sports fan and for those that don’t follow sports or do follow sports, but don’t pay close attention to the Philly sports scene, allow me to fill you in – we’re cursed.
On my way to Hebrew school one Saturday, I vividly remember being so bummed I was not going to baseball practice or basketball practice.