We‘ve all heard the saying “people only use 10% of their brain capacity”. I suspect now it’s down to 1-2% for most. But seriously, it’s really sad that so many choose to avoid developing any degree of financial literacy. The basics are not that complicated, and their lives could be so much better.
Sitting is overrated! My wife likes nice patio furniture as well. The irony is she very rarely sits on it. I refrain from calculating a cost per minutes parked in any given chair.
Getting insurance companies to cover very legitimate claims has become more and more difficult. It seems that the rest of the industry has taken notes from the health insurers and made claims denial an art form. Therefore I struggle to get true peace of mind from certain policies. In Florida, insurers will pay fraudulent claims for “hail damage” and replace a perfectly fine roof, yet deny a claim that most would agree should be covered. We now have a situation where people are being forced to replace roofs purely because they are 10 years old just to be able to get homeowner’s insurance (or to able to sell a home). The honest are suffering to finance the scammers.
That‘s a great article, and perspective. The gap between the haves and the have nots has certainly widened. I think we can reconcile it better when individuals have made poor choices. But when people have worked diligently yet still ended up in a financial pickle it’s difficult to see. I try to count my abundant blessings every day.
Comments
We‘ve all heard the saying “people only use 10% of their brain capacity”. I suspect now it’s down to 1-2% for most. But seriously, it’s really sad that so many choose to avoid developing any degree of financial literacy. The basics are not that complicated, and their lives could be so much better.
Post: Why can’t Americans put more effort into understanding Social Security?
Link to comment from November 1, 2026
Sitting is overrated! My wife likes nice patio furniture as well. The irony is she very rarely sits on it. I refrain from calculating a cost per minutes parked in any given chair.
Post: To Claim or Not to Claim, That Is the Question
Link to comment from October 31, 2026
I think more folks are opting to self insure a paid off home because of that.
Post: To Claim or Not to Claim, That Is the Question
Link to comment from October 31, 2026
Getting insurance companies to cover very legitimate claims has become more and more difficult. It seems that the rest of the industry has taken notes from the health insurers and made claims denial an art form. Therefore I struggle to get true peace of mind from certain policies. In Florida, insurers will pay fraudulent claims for “hail damage” and replace a perfectly fine roof, yet deny a claim that most would agree should be covered. We now have a situation where people are being forced to replace roofs purely because they are 10 years old just to be able to get homeowner’s insurance (or to able to sell a home). The honest are suffering to finance the scammers.
Post: To Claim or Not to Claim, That Is the Question
Link to comment from October 31, 2026
My shopping cart peeve involves people stopping with their cart in the doorway, either entering or leaving. What compels people to do that?
Post: Jonathan and me
Link to comment from October 17, 2026
Andrew, that is a fantastic story and a wonderful approach to life. You’ve influenced me in a very positive way. Thank you!
Post: What Bangladesh Taught Me About Enough
Link to comment from April 18, 2026
Thank you Mark!
Post: Bearing Witness: Retirement From the Wrong Side of the Divide
Link to comment from December 5, 2025
We all have made mistakes. But over time, dollar cost averaging uniformly reaps benefits.
Post: My Investing Journey, Just Do It
Link to comment from November 29, 2025
That‘s a great article, and perspective. The gap between the haves and the have nots has certainly widened. I think we can reconcile it better when individuals have made poor choices. But when people have worked diligently yet still ended up in a financial pickle it’s difficult to see. I try to count my abundant blessings every day.
Post: Bearing Witness: Retirement From the Wrong Side of the Divide
Link to comment from November 29, 2025
I surely relate to that! I try to downsize the LP‘s/CD‘s/stereo equipment/cassettes but it is an absolute struggle!
Post: Frugality, Minimalism, and Aligning Values
Link to comment from August 31, 2025