Generosity is good—to a point. Sometimes, though, it goes too far. How do you know if your kindness is hurting you financially? Here's what to look out for. https://t.co/NKn3C2XoA5 ...

Financial Perspective - Americans on average say they would need $520 thousand a year to feel rich [1] - Americans making under $50 thousand felt they needed $157 thousand a year to feel comfortable [1] - Those making $100 thousand or more said they would need $246 thousand [1] - About 14% of all US households make $200 thousand or more every year [2] - 62% of people with salaries over $300 thousand a year struggle with credit card debt [2] Behavioral Analysis - Earning doesn't actually make you feel rich, spending does [2][3] - When in accumulation mode, it's very difficult to feel rich [3] - Earning more and feeling like you're still on a hamster wheel is what a lot of high earners, not rich yet (HENRYs) experience [3] - High earners may have been living above their means when they weren't nearly making as much money and now they're just continuing to add more and more [4]

[Music] uh as president of Agent Management, which is a global asset manager, we deal with and understand financial literacy every single day. And so I'd like to share with you uh some information and just some facts around financial literacy and talk about that in the context of our changing world. When you think about financial planning, what we get to see at AGF every day is just how a wellexecuted financial plan can in fact lend itself to great success for individuals where they get to save for that tho ...

Financial Well-being - Over 25% of Americans report spending more than they earn [1] US Household Finance - Recent surveys indicate a decline in the financial well-being of US households [1]