Financial Myths

Ensuring your prosperity in the years to come using resources you have today.

MYTH: It Is Simple To Be Healthier and Happier

I will call this a myth because I don’t think it is true for most of us, especially those of us raised in Calvinist traditions, where suffering is a sign of virtue and intelligence.  It isn’t. To the contrary, “Research suggests that the best self-help advice may have very little to do with yourself”, according …

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Myth: Venting Our Feelings is a Great Way to Appreciate the Good and Bad in Life

Remember the Primal Scream? (Not the Scottish rock band)  The theory was that if you’ve been repressing your emotions so completely and severely that you don’t even know how you feel in a given situation, letting it all out in a therapeutic setting can be beneficial.  I think the title of this post is a solid …

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Guest Column in the No Myth Zone by Frank Maselli

Frank is a brilliant, hyper-energetic, engaging presenter and teacher.  I’ve attended a couple of his seminar trainings back East.  We have completely opposite personalities- I’m fairly quiet and enjoy solitude -but Frank provides a great deal of value to all types of people.  I highly recommend his books on doing seminars. But frankly (!), his …

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Appreciating What’s Good in 2023

I think that the practice of appreciating the good things is essential when we’re bombarded with “news” all day. Here’s what one of my readers has been working on in 2023: Here’s what I’m seeing in the headlines: Markets are volatile. The economy is slowing down.1 Many Americans are feeling pessimistic.2 Experiment: If you click …

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How Not to Panic About Social Security

Today’s myth is from Paul Krugman’s erroneous How not to Panic About Social Security (2-28-23).  (A far more accurate, complete, useful and relevant take can be found at https://socialsecurityworks.org/).  Sloppy articles like this on such an important topic are my pet peeve. First error:   “I haven’t studied the detailed history of the program’s origins [that would be advisable next time, Paul], …

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