This Weekly Commentary comes from England where we have just completed the sixth annual forum on “Money & Responsibility” at Clare College, Cambridge. Eighteen students from across America have gathered to immerse themselves in lectures covering such topics as It wasn’t my fault my neurons made me do it, Women in Science, The Mathematics of Money, What is a good society?, When bad things happen to good money, What the Romans can teach us about wealth management, How to do good: Some lessons from Socrates, Mill and Rawls to name just a few!
Last week I was a guest at a client’s weekly business coffee hour where popular consumer expert and radio show host Clark Howard addressed the audience about their retirement plan. Besides his customary tidbits on personal finance Clark also offered some budget travel and technology consumer insights. “Save more, spend less and avoid rip-offs” were themes embedded in his messages. With an average age in the room of 25-30 years old he was very popular, and of course, many were interested in his ideas of the latest thing – smart phones, cars, investments, etc.