What Coach Swinney Can Teach Us About Financial Wellness

October 19, 2015

It has undoubtedly been an excellent start to the college football season for Clemson University. No matter what happens the rest of the year, Coach Dabo Swinney created some bulletin board material for locker rooms and office environments across the country. After Clemson held off a spirited comeback by Notre Dame, Coach Swinney delivered this masterpiece video when asked about the team’s success: Continue reading “What Coach Swinney Can Teach Us About Financial Wellness”

Why Financial Knowledge Isn’t Enough

February 04, 2011

I was reviewing my notes on the last 10 people that I have talked to about debt levels that they feel are overwhelming enough for them to contemplate filing bankruptcy.  Along with having high levels of debt, there is something else each of these 10 individuals have in common.  Knowledge.  They all knew that they were spending more than they were making.  They all knew that credit card interest rates are high.  They knew they should save for retirement and create a household budget.  They all had knowledge, lots of it; these are smart people.  We’ve all been taught that “knowledge is power,” but knowledge alone isn’t enough.  This article, Financial Literacy Won’t Fix Everything, talks about the limitations of financial literacy programs and how lots of knowledge doesn’t always equal sound financial behavior. Continue reading “Why Financial Knowledge Isn’t Enough”