coaching versus advice, financial emotional decison

What Came First the Chicken or The Egg?

Causality dilemma, better known as the chicken or egg paradox, characterises situations where it is difficult to determine what came first. I read an interesting article on the difference between advice and coaching which got me thinking. So, which comes first, advice or coaching? Let’s start with a couple of simplified definitions as a frame … Continued

Crowdfunding. The Good the Bad and the Ugly

“New technology is not good or evil in and of itself. It’s all about how people choose to use it.” wrote Jason Pargin, writer, humourist, and editor of the website Cracked.com. Part of what I do at Stewardship Wealth is help Simon wade through the incessant incoming waves of regulatory issues and discuss how best … Continued

Retirement planning

Pie Charts, Pensioners, and Planning

“You don’t stop laughing when you grow old, you grow old when you stop laughing.” – George Bernard Shaw. I liked that quote, especially after reaching a benchmark birthday which, as expected, led to me being deluged with birthday cards. All of them (with the exception of my mother’s) poked fun at my advancing years. … Continued

Wealth is the Ability to Fully Experience Life

“Wealth is the ability to fully experience life.” Henry David Thoreau. There’s an understandable view that wealth management and financial planning exist to make wealthy people wealthier. I beg to differ. Our mission and purpose is to equip individuals and families through education and coaching to make positive, informed financial decisions with confidence. I agree … Continued

Becoming a B Corp

During our Appreciation Dinner, Simon announced we had become a B Corp. I realised many would know little about B Corps so let me explain. What is a B Corp? The B Corp (Benefit Corporation) movement was established in 2006 and set out to harness the power of business as a force for good.  The … Continued

You Know More Than You Think

You Know More Than You Think…. Sounds like a quote from Yoda. Albert Einstein once said, “The only source of knowledge is experience.” We agree. There’s a vast difference between book knowledge and practical experience. Would you think of jumping into a swimming pool if all you’ve done is read a book on swimming? Probably … Continued

What’s Tax Got To Do With It?

I read an article recently, not unusual for me I know, as I try to keep up with the ever-changing world of finance, technology, and more. This particular article, however, caused me to stop, re-read the headline a couple of times, and refresh my coffee before returning to check it again. Here is the headline … Continued

blue and green peacock feather

Taxing My Brain

Albert Einstein: “The hardest thing in the world to understand is the income tax.” I have been trying to come up with a collective name for taxes. After all, we have a murder of crows, a crash of rhinos, a scurry of squirrels, and my personal favourite, a bloat of hippos.  I’d like to propose we … Continued

silhouette of trees during sunset

The Heat Is On

Long awaited summer holidays this year will be memorable, not because of travel chaos, but due to extreme temperatures. Holiday destinations across southern Europe have seen records tumble daily as the heat intensifies. Temperatures of over 45°C are widespread. Wild fires have broken out across Greece, Italy, Turkey, Portugal, France, Croatia, even Switzerland. Northern African … Continued

person in black knit cap and gray sweater

AI is Not Always Good News

“What all of us have to do is to make sure we are using AI in a way that is for the benefit of humanity, not to the detriment of humanity.” Said Tim Cook CEO of Apple Inc.  There’s a problem with that Tim. Some people are embracing AI for their own benefit. Fraudsters consider … Continued