How A Professional Financial Planner Lost His House

How A Professional Financial Planner Lost His House

I’ve always been fascinated by the old expression, “The Cobbler’s children have no shoes.” It refers to a person who is so concentrated on using their specific skill set to take care of others’ needs that they ignore their own. Carl Richards is a professional financial planner, a guy who people paid to manage their money. He shares how while in the middle of telling people what to do with their cash, he ended up buying way more house than he could afford and ended it up losing it all. It may be a long time before he and his wife can be homeowners again. [More]