We can’t blame the economy, President Obama, Congress, our employer or our ex-spouse for our lack of wealth. In my role as a financial educator and experience for 25 years as a financial planner, I have observed that most people’s financial problems for the most part are self-created. The financial mistakes I have personally made in the past were no one’s fault but my own – when I was being too optimistic or greedy in investments, and I ended up losing money. I can spot it right off when an employee calls our financial helpline, and is placing blame on circumstances or other people instead of looking for ways to take responsibility for creating their own wealth. There are, of course, callers who are a victim of circumstances they had no way of preventing— like unexpected medical emergencies– but those are exceptions, not the rule. From the work I’ve done with tens of thousands of individuals over the course of my career (myself and extended family members included), the cold, hard reality is that most working Americans could be dramatically wealthier if they made some changes in their focus and in their behavior.
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