Robert Neubecker, of the NY Times, with the help of a number of people who diagnose other people’s financial delusions for a living and help provide solutions, selected six metrics that people tend to cling to in their financial lives that end up being wildly counterproductive, which he shares and which he has given the following labels:

  • IQ.
  • Return entitlement.
  • The next cubicle.
  • Pretax dollars.
  • Monthly debt.
  • Neutered numbers.

via 6 New Ways to Measure Your Financial Goals – NYTimes.com.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.