Have you ever stopped long enough to notice how many tools we have to assist our road travel these days? What about financial guidance that isn’t trying to sell you the latest stock tip? From traditional traffic lights and road signs, to programmable electronic billboards, GPS, and a bevy of smart-phone apps for every conceivable situation one might encounter on the road. The sheer volume is staggering. We are better informed and more equipped for travel decisions than we have ever been before.
But what about financial traffic lights, road signs, and directions? How can we tell if we are doing the financial equivalent of driving the wrong way down a one way street? In a vehicle you’d find warnings from street signs, traffic flow, your GPS, smart-phone, and likely your passengers as well. But when it comes to financial decisions, we don’t typically enjoy the same amount of resources to inform us. Here are a few indicators that you may be travelling in the wrong direction with your finances.
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