Good Financial Reads: Growing Into Success

Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.

Catch up on some of the latest posts with this week's roundup:

Why Not Wanting To Be Rich Is Selfish

by Devon Klumb, TruWealth Planning

If you’re reading this first line, you’re either diametrically opposed to the title of this article, or very curious how I plan to justify the statement. Frankly, this is such a polarizing statement because of its counter-culture nature. Let me lay my cards on the table here by saying that up until recently I would have despised the statement “not wanting to be rich is selfish”. Let me tell you why that’s changed.

Let’s rephrase the statement as a question. Why is not wanting to be rich selfish? Better yet, let’s reverse engineer the question by examining the opposing view – Why is wanting to be rich selfish? Societies perception of the rich (in my opinion) is that they look down upon the rest of us, are self-obsessed and concerned only for their own well-being, and are generally greedy and less altruistic as a result of their wealth. Is this true for some? Sure. Is it true for all or even most? Maybe, maybe not, who are we to say? However, greed, selfishness, elitism, etc. are not the result of being rich – rather they are the result of a rich person losing touch with their value system and their moral & social responsibilities.

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The Purse Technique

by Krista Cavalieri, Evolve Capital

Krista shares a 2-minute video about "The Purse Technique" of thinking about pay raises.

[Watch The Video]

Defining Success: Why Millennials Shouldn't Discount Themselves

by Devon Klumb, TruWealth Planning

I’ve been thinking a lot about success and what it means to be successful recently. Specifically, the way society defines a successful person vs. what I define my own success to be. I Googled “successful” and you know what I found?

Yes, that’s correct: “About 1 BILLION results in 0.54 seconds”. Now that my friend’s is how you create insecurity among the masses. Which way is up, who’s right, who’s wrong? – too much noise! Obviously, these results aren’t all singing a different tune – but you get the picture.

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