Personal bankruptcy is not a topic that is relevant to most of us—until it is. The number of people filing for bankruptcy over the last 20 years ranges from a low of 374,000 in 2022 to over 2,000,000 in 2005. The top reasons that cause people to declare bankruptcy...
Watch this video on YouTube I have written previously about the plethora of research that shows a link between income and happiness. Most of those studies find that the more money people bring in, the happier they are—until earnings exceed $75,000, at which time the...
Watch this video on YouTube Suppose you’ve come into some extra cash. You decide to use it prudently in one of three ways: keeping it in cash, putting it into your retirement plan, or paying off your mortgage. Which is the better option? I usually find the answer...
Watch this video on YouTube A recent post on Twitter asked, “Why don’t more financial planners advise clients to pay down debt?” Certainly, many of them do. The reasons others don’t may lie in the type of debt, the age of the client, the advisor’s...
