3 Things You can do with Money

There are only three things you can do with money.

1. Spend it
2. Save it
3. Invest it

The media overflows with investment advice and commentary. TV pundits, talk radio, and news specialist discuss almost exclusively the stock market, mutual funds, bonds, real estate, and to some extent hedge funds and other esoteric opportunities.

Our world of communication is filled to the brim with investment advice. So how is the primary focus on investing working? Are you feeling better about your finances today than you did 2 years ago? How about 10 years ago?

It’s My Money

My wife and I attended a recent Bridal show at the Tacoma Dome to discuss our system for helping newlyweds improve the odds that their marriage will last. Some folks were very interested; others were kind but were not.

The most interesting were the very opinionated brides to be when asked, “Do you have a Spending Plan?” Their almost agitated responses proved insightful:

“I have my money and he has his. He’ll never know how much. As long as he buys his socks and underwear, we’re fine.”