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Financial resolutions usually don't even last until the end
of January. Making a permanent change in our behavior
requires both time and a steely resolve. We can only develop
financial character one action at a time. Here are seven
practices to take you from pauper to prince or princess if
you add one each year. Read through the list. If you already practice the
resolution, move on to the next one. Adding one behavioral
change is labor enough for the next 12 months.
[click here to read more]
David John Marotta and Beth Nedelisky will be teaching a
course titled *"Financial Planning for Success and
Significance in Retirement"* at UVA's Osher Lifelong
Learning Institute in the Spring. *Course Description:*
Most Americans fail to plan adequately for retirement;
consequently, they miss out on opportunities to enjoy the
second half of life.
[click here to read more]
One of my favorite Christmas movies is the version of
Dickens's "A Christmas Carol" starring George C. Scott as
Ebenezer Scrooge. I must confess that I understand Scrooge's
character. Scrooge -- a denizen of early Victorian London -- is a
solitary and miserly businessman. He spends his days
tracking in giant ledgers all the money he doesn't spend. He
spends his nights alone in a huge drafty house he's too
cheap to heat adequately. He isn't in debt, lives well
within his means and makes shrewd investments.
[click here to read more]
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