Why even wealthy families need budgets
At its core, budgeting is about money coming in and money going out. Anyone who earns and spends money has a budget. (Similarly, anyone who eats food has a diet.) While we tend to have restrictive notions about budgeting and dieting, neither is inherently tied to restriction. In fact, optimization tends to be a […]
What you can do with your bonus
Getting a bonus tends to be a great feeling—you worked hard for it, after all. Getting strategic about how you spend your bonus can help it work hard for you. Here are six ways to put your bonus—or any sudden influx of cash—to work. #1: Pay down high-interest debt If you have high-interest debt, consider […]
Investing in the private market
For investors seeking alternatives to traditional stocks and bonds, private markets may offer a path to diversification and potentially higher returns. While these investors tend to be aware of the benefits of private investment, education about how private markets work is relatively scarce compared to education about public investments. With that in mind, let’s look […]
When (and why) alternative investments make sense
When you hear the word investing, your thoughts may drift to stocks and bonds. But as much as we associate investing with the stock and bond markets, there’s a much broader world of investments out there, expanding beyond traditional assets traded in public markets. In fact, these alternative investments can go a long way toward […]
Kelly Milligan’s tips featured in “8 Ways People Become Poor While Earning a High-End Salary”
We’ve written extensively on this blog about how to protect the money you work so hard to earn. Recently, GOBankingRates asked Quorum Managing Partner Kelly Milligan to share his insights on how folks who earn more than $100,000 a year can avoid the kind of money mistakes that will derail their long-term goals and keep […]
Quorum guide to real estate investing
As you build wealth, real estate can be one of the most important assets in your portfolio. It’s one of the few asset classes that can offer diversification during periods of inflation and that tends to move independently of the stock and bond market. While investing in real estate may not be right for everyone, […]
