America is the richest country ever to exist in the history of the world, but at the same time 50% of people retiring right now have less than $5 a day to spend on food, and most people can’t scrape together $500 for an unexpected expense.
How is it possible to be so successful and such a failure at the same time?
A big part of the answer is that we have bad financial defaults.
It’s human nature to do what everyone else does, and generally, acting like a normal person is the smart thing to do. However, when it comes to finances in America, acting normal is a one way ticket to being constantly stressed about money, and never able to retire.
What our culture considers “normal” is actually really bad, to the point that most people don’t even know what good financial decisions look like.
My goal for this site is to switch that around, and give normal people a path to success that actually works. I hope you’ll join me.
Regards,
Solomon Kahn, CFA