Are You a Money Moron? Where’s Our Financial Common Sense?

Not to be harsh, but shouldn’t we all have seen this economic angst coming? Let’s get frank about Money Moron Syndrome and how to avoid falling victim to it.

A shocked-looking man looks at his laptop screen.
(Image credit: Getty Images)

By now, all those New Year’s resolutions we made are beginning to fade. The most popular one is always around dieting and health. While the mantra of “step away from the pizza and hit the salad bar” may have been really strong in January, by now you might be ordering extra cheese on that pizza by convincing yourself that it’s a great source of calcium.

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Neale Godfrey, Financial Literacy Expert
President & CEO, Children's Financial Network Inc.

Neale Godfrey is a New York Times #1 best-selling author of 27 books, which empower families (and their kids and grandkids) to take charge of their financial lives. Godfrey started her journey with The Chase Manhattan Bank, joining as one of the first female executives, and later became president of The First Women's Bank and founder of The First Children's Bank. Neale pioneered the topic of "kids and money," which took off after her 13 appearances on "The Oprah Winfrey Show."