The key to successful wealth management is not financial education. Too often we have looked for mathematical solutions to behavioral problems. Personal financial issues are not solved by changes in interest rates, investment performance, or increased financial IQ. None of those things change behavior. It is internal motivation that drives external behavior. Desires will shape our financial decision-making. So what about our desires and dreams? C.S. Lewis declared that a central problem of humanity is that we are -far too easily pleased.- Are we settling for less consequential lives? Are we...
The key to successful wealth management is not financial education. Too often we have looked for mathematical solutions to behavioral problems. Person...