I’m a couple of days into my first week back at Omega after taking 6 weeks away from the business and reflecting on my sabbatical. As I prepared to leave, a number of business owner colleagues were supportive, but surprised that any business owner could ever doing something like this and have a business to come back to. Taking a sabbatical from a business or employment takes planning – we have helped a number of Omega clients plan sabbaticals for weeks and even months from work. With all the work… Read More
Mindful Spending You’ve probably thought at one time “I really should have a budget.” Or maybe you have one, and you’ve stuck to it for a month or two and fallen off the wagon. The truth about budgeting is that budgets are hard to create and even harder to maintain. The good news is, you don’t need a rigid budget that lists every single spending category to be successful in achieving your financial goals. In psychologist and Nobel Prize winner Daniel Kahneman’s seminal work, “Thinking Fast and Slow”, he makes the case… Read More
Is the Mid-Life Crisis a Social Crisis?
In society, we often talk about someone having a “mid-life crisis”. Sometimes it results in a sports car, a new spouse, or just unusual behavior. As more and more Baby Boomers (and soon, Generation Xers) head into this period of time, the impact on society may be substantial. (Check out this interesting Washington Post article that takes us through the potential issues: https://tiny.cc/ysnqsy) At Omega Wealth Management, we specialize in helping our clients navigate through those times of transition by utilizing our skills, training, and tools to help people to… Read More