from the Desk of Brian Bickett, CFP®
What is good financial advice…
This week’s notable finance article points out that while we may outwardly appear to have common financial challenges (based on our age, income, location, family structure, etc.), the reality is our finances and goals are so individualized that what may be good advice for one can be terrible advice for another.
On the other end of the bookshelf is this week’s notable motorcycle article. It acknowledges how we can appear to be so different from one-another based upon outward appearances and yet still find common ground thru shared interests.
As much as I would like to have a checklist that clearly identifies that 1) I am making progress and 2) I am moving in the right direction. These examples are one of several scenarios where we have to hold two competing concepts in tension to wrestle thru what is right for us.
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The writer walks us thru several pieces of financial advice that she either received directly from “professionals” or discovered on her own thru friends and the internet that turned out to be not entirely applicable for her situation. The article is a good reminder that everyone’s financial situation is different and what may be good advice for one, may be terrible for another.
An interesting “story” about two random travelers who eventually stumble onto their common interest in motorcycles after painfully observing all of their outward differences.
Thursday is Valentines Day (I hope this isn’t news to you!)…
Additional Articles You May Find Interesting
Article written by Brian Bickett You and I both know that South Dakota was ranked the best state for retirement in Bankrate’s 2018 “Best and worst states for retirement” study which is summarized here. The study ranked South Dakota #1 overall based on rankings...
Summary of the 2019 Social Security Trustees' Report Article written by Brian Bickett Earlier than in the past, the Social Security Board of Trustees released their annual report at the end of April this year. The report for 2018 spans 270 pages that go...
Article written by Brian Bickett Do I have enough life insurance? It’s a simple question with a simple answer. However getting from the question to the answer requires a bit of exploration. And that exploration always begins with “Can you tell me why...
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