Northstar Financial Management Inc

A man asks his financial advisor,
“What's the best way to get rich quick?”

The advisor says,
“Easy — just open a social media account and start giving financial advice you don’t follow.”

Did you laugh?

In honor of World Book Day, we’re sharing one of our absolute favorites — The Psychology of Money by Morgan Housel. We love it so much, it was our client gift this year!

This insightful and easy-to-read book is packed with timeless lessons and real-life stories that resonate with people from all walks of life. It’s a must-read for anyone looking to better understand the emotional side of money and decision-making. Check it out at your local library or if you'd like to pass it on as a gift as well, I think Target had the best deal. 👀

This is the time of year when the housing market ramps up—but unfortunately, not much has changed when it comes to interest rates and housing costs.

Back in February, we published a blog post about assumable mortgages. Since tax season was in full swing, we didn't really let the world know about it. So, here we are. Sharing it with the world.

And if you're sitting there saying, "Northstar does blog posts?"—well, you've probably missed a lot more than just this one. Be sure to check out the rest of our website to see all the great things we talk about!

Mortgage Assumption In my view, the real estate market is in an interesting pickle. Mortgage rates are near 20-year highs and home prices haven’t slumped sufficiently to offset the increase in interest rates. The result is that people who would normally consider moving are either unable or unwilling to do so. Especia...