The Scarcity Mindset, the Abundance Mindset, and the Impact on Public Policy

Note: A couple of years ago, I had a discussion with one of the deans of the Frank Batten School of Leadership and Public Policy at the University of Virginia. We discussed collaborating on a white paper for publication addressed at state and national government leaders. Naturally, time and other priorities took hold, and said […]

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5 Reasons HR Directors Should Include Financial Planning in Benefits Packages

“Truth is confirmed by inspection and delay; falsehood by haste and uncertainty.” –Tacitus If you’re in human resources, you have two primary jobs: Find and acquire the best talent possible for what you can spend, and Retain the best-performing talent for what you can spend. It was one of the challenges that I faced in […]

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The Surprising Suggestion for Who Should Receive Your Estate If You Have No Children

“Inheritance taxes are so high that the happiest mourner at a rich man’s funeral is usually Uncle Sam.” –Olin Miller My wife and I have no children. Not only does this create additional planning issues for us regarding care when we are older, but eventually, when we depart this earth and discover what’s on the […]

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Giving Back in Honor of Veterans Day – 2014

I’m a veteran. I didn’t serve for very long, and while I did two tours of Bosnia, I never faced the dangers that some of my fellow brothers and sisters in arms did. Every one of them who has ever put on a uniform has made some sort of sacrifice, and most of them did […]

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Leave Forecasting to the Weatherman

“Prediction is very difficult, especially if it’s about the future.” –Nils Bohr “Weather forecast for tonight: dark.” –George Carlin As we saw in “Do You REALLY Know How You Would React if the Stock Market Dropped by 20 Percent,” the personal finance industry loves their risk tolerance questionnaires. They think that you’re going to be […]

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Do You REALLY Know How You Would React if the Stock Market Dropped by 20%?

“What is necessary to change a person is to change his awareness of himself.” –Abraham Maslow “The final mystery is oneself.” –Oscar Wilde If you’ve ever taken one of those online financial assessments, you’ll know that you’re asked questions about yourself. Most of them are either demographic – how old are you, are you married, […]

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