I once read from Nick Murray that scratch golfers don't necessarily hit the largest number of great shots, but that they actually just hit the fewest number of terrible shots.

This term, behavior gap, was originally coined by Carl Richards, and it refers to this idea that there is a difference between a wise financial decision versus what we may ultimately do based on our emotional decision making.

The first quarter of 2022 has been somewhat of a head scratcher for investors. With everything that has transpired like Covid and the Russian-Ukraine crisis many investors are asking “What’s going to happen next?” To answer that question, lets take a look at what has happened and what may happen next. So, what happened in the First Quarter?

That’s a question that comes up frequently in investing and given the news headlines over the past few weeks, it is understandable to be asking that question. As the coronavirus headlines have taken a backseat to the Russia-Ukraine Crisis, the markets have seen heightened volatility as investors are digesting what all this means. While the situation overseas is deeply concerning, the associated market volatility can be a good thing.

I love talking with entrepreneurs, because I can actually feel the excitement that comes with starting your own business. As someone who is familiar with that route though, I know there are countless factors to consider as you make decisions. Here are three things we’ve been doing from the beginning to ensure a healthy business:

My wife and I have thirteen savings accounts. Yes, thirteen. Given how we use them, we call them escrow accounts.