Why Values Trump Prescriptive Approaches for Your Money

Along with the usual notes of enthusiasm that accompany the ticking over of a calendar year, come prescriptive lists in the blogosphere on how to improve your finances and achieve your goals. The “finlit” space is full of recommendations on the percentages that people should be investing, saving, and spending. It all sounds good, until you try putting it into practice. After spending a decade working with families to help them fix financial challenges, I realized that...