Gambling with Your Financial Future and Losing
Lottery and our Financial Future
We saw an interesting poll from Bankrate.com that asked how people envision themselves getting financially ahead, particularly in a difficult economy.
Not surprisingly, “Saving and Investing” was the number one answer, at 36%, followed by “Additional Education or Job Training” at 23%. Running your own business (which is actually the most common profession of millionaires in this country) was fifth at just 6%. Continue reading “Gambling with Your Financial Future and Losing” »
Relationships and Money
We would all have a difficult time finding someone who hasn’t been affected by divorce, either their own or a family member. During the hundreds of classes my fellow financial educators and I do each year, we often hear from individuals who have been struggling with excessive consumer debt or even bankruptcy that can be traced to the actions or inactions of their ex-spouse (or soon-to-be ex-spouse). Continue reading “Relationships and Money” »