“Money is freedom.” This popular money script contains considerable truth. Having money can provide a lot of options and flexibility that are not possible without money. However, since all money scripts are partial truths, money doesn’t always bring...
Watch this video on YouTube “I am tormented by the guilt of inheriting millions of dollars.” I heard this statement from a young man who had inherited his parent’s fortune. He was being interviewed by George Kinder, founder of the Kinder Institute, at a...
Watch this video on YouTube When it comes to children and money, it’s my experience that parents from a variety of backgrounds and income levels want the same thing: for their kids to be successful and happy. While families might have different definitions of...
Watch this video on YouTube A few weeks ago in this column I asked those who’ve declared war on the rich to define “the rich.” I gave four examples of people that might be viewed as rich. Some were high income earners with little net worth and others were...
Not long ago I read a Wall Street Journal article, focused on proposed tax increases on those earning over $250,000 a year, which profiled a Colorado dentist who earned around $300,000 a year. The dentist was quoted as saying she didn’t consider herself rich,...
