Certified financial planner Wes Moss provides personal finance advice and accessible investment strategies. His guest post appears here weekly.
America has a diet problem. We consume too much junk, don’t exercise enough and seem to have lost our will to do the hard work necessary to get in shape and meet our goals. Another lecture on our national obesity problem? Oh, no. I’m talking about personal finance.
In this age of information abundance, we are offered a never ending buffet of financial news, advice, opinion and fear-mongering from an endless line of caterers – the Wall Street Journal, CNBC, Yahoo Finance, Fox Business News, Google Finance, MarketWatch, Jim Cramer, Suze Orman, Dave Ramsey. The heaping platter is constantly being passed on radio, TV, the Internet, bookstores, our mailboxes – everywhere! It’s all carefully prepared and portioned to go down nice and easy. While most of this information has nutritional value, a lot of it is mental junk food