Richard Oxford Financial

02/03/2022

By Richard Oxford With all of the market history, Internet Stock Guru’s, and other information available, the average investor still underperforms when compared to the market. They are investing emotionally rather that logically (without emotion). Let’s address causes and potential solutions. What is Emotional Intelligence?‍ Emotional intelligence (EI) represents the ability to understand and manage one’s own feelings and emotions. Emotionally intelligent people excel at managing relationships with others and making favorable decisions under pressure....

Why do investors underperform Investment advisors? How to better manage your accounts as both an investor and beneficiary.

05/11/2020

Good advice. People always worry about the cost of an advisor. An advisor shouldn't cost you money, his or her advice should far offset the cost.

A financial strategy is many things. It’s not just a budget. In fact, a solid financial strategy is not entirely based on numbers at all. Rather, it’s a roadmap for your family’s financial future.

05/09/2020

I'm a strong proponent of side-gigs. I've had one or another since I was 20. It is a great way to make some extra money (who doesn't need that) as well as develop the business in which you really want to engage!

It’s in style; and it makes sense—and cents? Gigs are now just a click or tap away on most of our devices, and a little extra money never hurts! Here are a few things to consider when starting up a side hustle.

05/04/2020

Please come talk to an expert.

5 Myths You May Still Believe About Long-Term Care April 25, 2020 Myths Long-Term Care Medicare When a loved one needs extra help to take care of herself at home or needs to go into a nursing home, the costs—averaging a total of more than $200,000¹—can be devastating. But the impact on families...

05/02/2020

How To Break Free From The Sucker Cycle April 25, 2020 Budgeting Savings Page 14 of “HowMoneyWorks, Stop Being a Sucker” reveals one of the biggest traps of financial illiteracy—the Sucker Cycle. It’s a money whirlpool that sucks people into an endless loop of trying to spend their way to ha...

04/29/2020

A financial strategy is many things. It’s not just a budget. In fact, a solid financial strategy is not entirely based on numbers at all. Rather, it’s a roadmap for your family’s financial future.

04/28/2020

An interesting article built around our book. Reach out and I'll see if I can get you a complimentary copy!

How To Break Free From The Sucker Cycle April 25, 2020 Budgeting Savings Page 14 of “HowMoneyWorks, Stop Being a Sucker” reveals one of the biggest traps of financial illiteracy—the Sucker Cycle. It’s a money whirlpool that sucks people into an endless loop of trying to spend their way to ha...

04/25/2020

We're all spending a lot of couple's time right now. I thought this very appropriate.

Different spending habits and conflicting money management values are sometimes sources of tension between partners. Finances are the number one cause of arguments within relationships. In fact, it’s one of the most common reasons for divorce.

04/14/2020

But that doesn’t stop “budget” from being an intimidating word to many people. Some folks may think it means scrimping on everything and never going out for a night on the town. It doesn’t! Budgeting simply means that you know where your money is going and you have a way to track it.

04/11/2020

Researchers looked at a study of 1,100 workers who opted to stay workers who opted to stay remote.

04/07/2020

It sometimes feels like an endless jumble of big words and cryptic abbreviations. Add on top of that how stressful talking about the loss of a loved one can be and you’ve got a topic that can seem unapproachable.

04/04/2020

Unexpected expenses, market fluctuations, or a sudden job loss could leave you financially vulnerable. Here are some tips to help you get ready for your bank account’s rainy days!