What is the religion of millionaires? CNBC cited a study by New World Wealth noting that, of the 13.1 million millionaires in the world, 56% identified themselves as Christian.¹ That same study indicated that 6.5% identified themselves as Muslim, 3.9% as Hindu, and 1.7% as Jewish. Still another 31.7% identified themselves as “other,” which includes other and no religious backgrounds. …
A recent issue of Investment News pointed out a shocking statistic: 66% of children fire their parents’ financial advisor after they receive an inheritance. That news is particularly troubling given that, over the next 30 years, there is expected to be a $30 trillion wealth transfer. Some have predicted the wealth transfer to be over $40 trillion. As that wealth …
Friday, September 8, 2017, and the Wall Street Journal is talking about mansions. They note the following: The former 4,800-square-foot home of Green Acres star Eddie Albert listed for $19.5 million. The current owner, Jay Griffith, bought the home for $7 million in 2006 and renovated it. He’s moving to Santa Barbara to a larger home. Actors Emily Blunt and …
Most people have heard of psychology. But financial psychology? Not so much. Two professors, a father and son team, Ted and Brad Klontz, are seeking to change that. “Behaviors regarding money are the leading cause of things like divorce,” says Dr. Ted Horowitz, the director of the Center for Insurance and Risk Management. The Klontzes treat what they call “money …
In the following series of blogs, I’ll tell some of my family stories. What’s my purpose? To strike a chord with you with the thought, the hope, that you’ll remember your family stories. Better still, my hope is that you’ll tell your family stories to your children, your grandchildren, and even your great-grandchildren. It’s our stories that bind us together …
In the following series of blogs, I’ll tell some of my family stories. What’s my purpose? To strike a chord with you with the thought, the hope, that you’ll remember your family stories. Better still, my hope is that you’ll tell your family stories to your children, your grandchildren, and even your great-grandchildren. It’s our stories that bind us together …
The destiny of the world is determined less by the battles that are lost and won than by the stories it loves and believes in. —Harold Goddard What does Goddard mean that our destinies are determined by the stories it loves and believes in? Battles and wars are not merely some technical matter of armies being massed against one another. …
With the holidays approaching, it’s easy to get caught in the bustle of activity and miss the opportunity to involve your family in charitable giving. The great thing about these kinds of activities is that they teach your children that life is not just about them. But because we are all busy, I will get right to it: Bake cookies …
In the following series of blogs, I’ll tell some of my family stories. What’s my purpose? To strike a chord with you with the thought, the hope, that you’ll remember your family stories. Better still, my hope is that you’ll tell your family stories to your children, your grandchildren, and even your great-grandchildren. It’s our stories that bind us together …
In the following series of blogs, I’ll tell some of my family stories. What’s my purpose? To strike a chord with you with the thought, the hope, that you’ll remember your family stories. Better still, my hope is that you’ll tell your family stories to your children, your grandchildren, and even your great-grandchildren. It’s our stories that bind us together …
