“Life is too short to be spending it in tax denial.”
~Liz Davidson (Chapter 5 of What Your Financial Advisor Isn’t Telling You)
Being in the financial business has given me plenty of insight into people’s behaviors and attitude when it comes to personal finance. It’s fascinating to see how people respond whenever the topic of money comes up. Some people are able to casually talk about it, but more often, people avoid discussing money matters even though we acknowledge that money matters. One of the most sincere, thoughtful, and helpful books that I’ve read on financial planning is Liz Davidson’s What Your Financial Advisor Isn’t Telling You. Much of what Davidson says in her book is similar to the financial ‘lessons’ that I share with people. However, a teacher can only teach so much; the learner has to be willing to learn and take action in order to change his/her financial situation.
Continue reading “Financial Gaps = Knowledge and Emotional Gaps?”