KEDM radio series

About 45 years ago, Elizabeth Kubler-Ross wrote that when she dealt with terminally ill people they went through five psychological stages before they died.  Actually, a similar phenomenon can be experienced by people when they begin to come to grips with their own frustrations about money. 

If you grew up poor or otherwise disadvantaged, may you be only the first of many in your family to learn from, and not lean on, life’s difficult experiences.

Don’t be so busy fretting about the end of the world that you fail to realistically prepare for what might happen to your world if it doesn’t.

Here’s a situation I see all too often: a retired couple with children still dependent on them for financial support. Unless there is mental or physical illness involved, my reaction is, “What?!”

Your human capital is the value today of all the money you will earn over the remainder of your working life. In this segment Byron shares some suggestions for maximizing the potential of your human capital.

You can influence your older children and grandchildren to have healthy attitudes and habits towards money and material goods through a tried and true parental process:

If you are a participant in the financial markets, you might want to listen to the experience of Joe Hart. Joe is an executive with one of the world largest financial institutions and has made a career of speaking on the topic of investors and investor behavior in the face of risk.

But I don’t recommend you listening to Joe based on his expertise, but on his experience - specifically, his experience on a cold day in January 2009.