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Your Path to Financial Improvement Begins With This Question

Your Path to Financial Improvement Begins With This Question

There is always room for change or improvement when it comes to your finances. But what you really should be asking yourself is this: Am I looking to optimize my current situation, or am I looking for tremendous improvement? In fact, for most people, simply understanding their current situation – what they own, what they make, what they spend, and what they owe – can be a radical improvement. This type of realization helps you grasp the bigger picture rather than spending energy on some minor issues.

Does Your Financial Advisor Buy Lottery Tickets?

Does Your Financial Advisor Buy Lottery Tickets?

When we trade our cash for things, we are either investing or making a purchase, and it is imperative to understand the difference. For me, buying a lottery ticket every once in a while gives me the chance to dream a little bit of what life would be like if I were to win. At no time do I actually believe I will win – we all know how steep the odds are – but I know for a fact that I won’t win if I don’t buy a ticket.