We have our health checked periodically because it just makes sense. We want to head off any problems, check in on any little worries and basically just take care that we are doing what we can to preserve our health. When it comes to our financial health, the same applies. If you haven't given yourself a quick financial health check-up in a while, it's time. Here are the three check-up steps to take:
I was out shopping this past weekend with my wife and twice I was stunned to see so many people, even now, continue to spend their money in the same ways they always have.
When it comes to my money, the idea of trades has always been central for me. I guess it started when I was a kid and my father set me up with a paper route and told me I was responsible for buying what I needed other than the roof over my head and food. Well, it was harsh, but I sure learned quickly. I recognized that if I spent money on one thing, then that money wasn’t available for something else. It’s like if I buy the candy, I’d have traded away the new socks until a later time.
When I was in my early twenties, newly married and starting out, there were not the insurance options that there are today. You were expected to insure your car, your home if you owned one, life insurance if you had a family, and to have health coverage, but that was it. These days there are so many kinds of insurance. You can choose to insure your travel, your pet, your wedding, and your purchase of almost any size. Are these new insurance options good things?
So how do we insure a high-quality and useful post-secondary education for ourselves and our children given all the challenges? For openers, I believe that a full scale solution, a revolution really, is coming.
Our higher education system has been and will continue to be a massive failure for most children...
