The Dangers of Financial Pornography

“It titillates and excites but gives no lasting pleasure…”

Every time I venture past the news stand at the grocery store, I can’t help but notice financial magazines which sport articles such as titles as these. Who hasn’t been bombarded by flyers, either in the mail or newspaper, luring us to a financial workshop coming to our area? You know the kind, a flyer that contains some really scary phrases such as:

• “What if Everything You Knew About Living Trust is Dead Wrong?”
• “Educational Safe Money Workshop”
• “Safe Solutions for Uncertain Times”
• Or my personal favorite: “Bulletproof Your Finances.”

No matter what form it’s in, this is known as “Financial Pornography”. So what is Financial Pornography and why should we avoid it like the plague? Read more