What would you do with a million-dollar windfall? This question was the topic of a survey in a March 28, 2023, article by Jessica Whitehouse in onlinegambling.com, “This is how Americans would spend $1,000,000 in lottery winnings.” Before I read past the headline, I...
“What is true about money?” A flippant answer to this question might be something like, “That I ought to have more of it.” Going a little deeper, however, we can come up with a list of characteristics, truisms if you will, to describe what money is and is not. Some of...
For the third in this series of columns on money script categories, let’s look at Money Status. This differs from the Money Worship category in having its focus on social acceptance. People in this category generally equate net worth with their self-worth. They...
For many Americans, one painful lesson of 2020 has been a first-hand demonstration of the importance of having an emergency fund. Yet knowing such a reserve matters is a far cry from creating one. According to BankRate, 72% of Americans don’t have an emergency fund...
Watch this video on YouTube Most of us would probably agree that money skills are 21st Century survival skills. The late financial futurist, Dick Wagner, CFP, contended that money is the most powerful secular force on the planet. Yet, even with all the importance we...