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Handling Money

“Handling of money wasn’t that hard to understand.  Terms and concepts that sounded mysterious were really quite basic.  It was easy to learn the difference between a defined benefit and a defined contribution plan, or a load versus a no-load mutual fund, or a growth versus value style of investing.  Common sense ruled.  If it was complicated and hard to comprehend, chances were you shouldn’t invest in it.  Financial advisers who were paid by a percentage of fees under management or by the hour really did seem to do a better job than those whose compensation depended on convincing their clients to buy or sell financial products.  People who couldn’t–for whatever reasons–live below their means generally found themselves in financial trouble sooner or later.  Insurance was invented for a reason.  Many of us could save ourselves a hell of a lot of trouble by simply picking up a copy of Personal Finance for Dummies, like I did when I was first learning, and following the advice therein.” – Helaine Olen in Pound Foolish

So many people feel that understanding money is beyond them.  It is not.  It can be done.

Renee Madison, MA, LPC, CSAT is a counselor in Colorado.  She can be reached for appointments at 303-257-7623 or 970-324-6928.
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