Columnist | Your Money

Ross Levin is founding principal and president of Accredited Investors Inc., Edina, a fee-only wealth management firm. His Gains and Losses column runs on the fourth Sunday of the month. A compilation of these columns can be found in his book, "Spend Your Life Wisely." Send emails to

It pays to focus on how your money will support your values

Rather than focus on what your money can do for you, let's talk about what you can do for you.

Want a better life in 5 years? Here's how to get started

Most job interviewers will ask, "Where do you see yourself in five years?" We have learned to answer so we sound ambitious, but not too…

When will things get better? 3 keys to getting past this

We know that transitions have beginnings, middles and ends, but they don't always occur in that order.

In times like these, it's a sound financial strategy stick to little things

Here are some that you can do that may buy you some time until things eventually stabilize.

Fighting those impulse buys during pandemic can add up to deals later

You may have heard about the marshmallow test, a social science test created in the 1970s by Walter Mischel. Put a marshmallow in front of…

Want to get back into the stock market? Here's one way to do it

Aggregate data reveal that almost a trillion dollars has moved into money-market funds this year between February and May. And as we know, the market…

Looking to buy or sell a home? Here are 10 things you need to understand

The actual value is the price one person is willing to pay for it at a particular point in time.

We don't know when this will end, so we must deal with the now normal

Let’s say there is a 90% chance that social distancing has smoothed things over until we find a cure for COVID-19. There is a 90%…

To improve your resilience, take time to improve your supply chain

Only three things can get you through work stoppages — government support, your ability to borrow, and your personal savings

Scarcity is playing a big role in our lives right now. Here's how.

Scarcity creates this tunneling effect where we are laser-focused on only one thing.