5 Real Reasons You Won’t Reach Financial Independence

We are not perfect, and those imperfections often manifest themselves in our finances. But never fall for the illusion that wealth is wholly dependent on your character and behavior. To explain what I mean, let me ask: Have you met the Welfare Queen? She is irresponsible and shameless, engaging in behavior counter-productive to financial self-reliance.Continue reading “5 Real Reasons You Won’t Reach Financial Independence”

How Early Is Too Early to Think About Long-Term Care?

In the discussion of the single most important financial asset — investments, pension, real estate, cash, etc. — I nominate the body. Your body is how you make a living. And in a flash or rising crest, your body can come to dictate your entire financial life. This is evidenced by the more than 80%Continue reading “How Early Is Too Early to Think About Long-Term Care?”