Excerpts from Money University

On acquiring wisdom:
Wisdom is something usually acquired at the end of making a mistake. We rarely learn from doing something right. For me, in the example above, I learned that making just one “normal” decision could make ALL the difference at my retirement. So, if the rest of the crowd is doing it, most likely, it is a BAD idea!

 

 

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Money University

Houston (and the rest of the country), we have a problem. A big one that is completely fixable and yet looms on the horizon as we all get closer and closer by the day.

Here’s the problem: most of us are broke. Many of us are one or two paychecks from being out on the streets. Seventy Four Percent of Americans over 65 live below the poverty line. That’s currently the grand sum of $23,400 A YEAR! With an aging population overall, and the lack of funds available to live on, there is bound to be a huge collision.

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