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How Much is Enough?
You might enjoy reading the book, The Psychology of Money by Morgan Housel if you enjoy my weekly musings. In Chapter 3 Housel tells the story of Rajat Gupta who was born in India and orphaned as a teenager. To say he was poor would be like saying Warren Buffet is comfortable.
Who would you choose?
Who would you choose to listen to for financial advice? How about me?
Seinfeld and Murphy
You may have already seen this episode of Jerry Seinfeld’s program Comedians in Cars Getting Coffee on Netflix. They were driving in Los Angeles and passing some tents of the “unsheltered” that most people call the “homeless.” Jerry commented that when you see two homeless people talking, one of them is probably giving advice to the other. “Let me tell you what I think works,” would be said in the conversation…
How to be philanthropic…
As you hopefully know, I donate 100% of the profits from my books, programs, and coaching to various animal and veteran charities. One of them is Shelter To Soldier. They rescue dogs and train them as service animals for soldiers who have returned with PTSD or TBI (Traumatic Brain Injuries).
Fish Can’t See…
For about 10 years I had a wonderful mentor. Her name was Patricia McDade. One of my favorite expressions from Patricia was…
Facebook Frauds
Recently I almost got hooked into a government loan fraud scheme through Facebook. Here is how it works: Someone you know, like Bill Smith, sends a friend request…
In Recovery…
Many people think because I’m wealthy it was always this way… It was not. I frequently tell the story of how I was broke at age 50. There was a time in my life I had to collect soda bottles and cans to get the refund money to buy food. This was a very painful way of living. The more I earned the deeper in debt I got until I learned the foundations of handling money effectively from a 12-step program.