Money can be pretty confusing. Between 401k, roth IRAs, budgets, futures, options, interest rates, and credit scores- the acronyms and implications are mind numbing. However, the one thing we can all agree upon is that money is a useful tool (when used correctly) that can make our lives better.
As important as money has become in our society, it is strangely absent from our school or public curriculum. Some were fortunate to have family members that understood money and were able to teach about its power. But the vast majority of Americans have never really been taught the basic principles of how money operates.
Often we default into our money habits and patterns. Rarely do we actively align our spending, savings, and overall consumption with our goals. We tend to follow our friends, facebook, family, sally mae, marketers, and bankers. My point is simple: The value in understanding money is more about understanding the priorities in our lives and figuring out what is actually important. Continue reading Understanding Money Gives You Choice