You must have a will to ensure your final wishes come true. Without one, your loved ones will suffer much more than necessary during a difficult time.
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Is there a connection between your socioeconomic status and your spiritual maturity? For example, if you won the lottery tomorrow, would that make you a better or worse person?
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Discussing insurance is like being forced to watch a corporate PowerPoint presentation about the benefits of rice cakes—over a slow internet connection.
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Retirement Is a Spiritual Crisis
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Which bill do you hate the most? The credit card? The rent or mortgage? Are there any bills you like to pay? If you are normal and sane, you probably hate all your bills.
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Taxes are one of the best inventions in the history of human civilization. I may be the only person who thinks that, but without taxes, civilization would collapse.
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Let me start with a confession that probably should disqualify me from writing a money column. I spent twenty years as a Benedictine monk.
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I've seen that people only allow you to manage their money if they trust you.
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Most economists argue that money is morally neutral. However, I think the practical reality is more nuanced—money in action is like a sponge, it absorbs the values and intentions of the user.
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Many people dream of becoming wealthy, but they don't think carefully about what that really means. They incorrectly assume that being wealthy means having a large income.
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Growing up in a privileged family, I should have learned a few things about money. Sadly, there was so much shame and secrecy around money that I went out into the world knowing nothing.
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My father ran a chemical company from a private office suite with a kitchen, bathroom, balcony, and boardroom larger than my first house. He had made the cover of a business magazine. Yet he often told me he was broke.
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