Rational Advisor

We are irrational in predictable ways

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Mar 29 2009

What is your financial ancestory

Published by rational at 11:32 pm under Uncategorized Edit This

What is your financial ancestory, what did you learn from your parents, about finance, and what are you passing forward to your kids.

We have incorrect thinking handed down to us by our parents because of the circumstances they faced. Their circumstances are not the same as ours, yet we let their investment scare and frighten us.

The banking structure especailly in Canada is much stronger than our parents time - we are unlikely to face another depression of 25% unemployment. We are unlikely to have bread lines.

Think about what you are doing to make your kids finances stronger.

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