The Power of Generosity
A great way to use wealth is through generosity. People who are generous also tend to be much happier than those people who are not generous.
As soon as most Americans pay off their car, what is the first thing they do? Even though nothing is wrong with their current car, they almost immediately run out and buy a new one. In most situations, this is a bad idea. Host Lou Scatigna, CFP® explains in this segment from The Financial Physician.
A great way to use wealth is through generosity. People who are generous also tend to be much happier than those people who are not generous.
Listen to The Financial Physician, where Lou Scatigna, CFP® talks money, markets, politics and other topics that affect your financial life.