A Conversation all Families Need to Have and Other Points to Ponder

Jul 29, 2026
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Put it all on red

“Since humans love to gamble so much, there’s more money in…cultivating gamblers than [in] cultivating investors.” 

– Famed investor Warren Buffett in a 7/15/26 CNBC article. He bemoans what he sees as the market being increasingly driven by speculative trading rather than long-term investing. Read more at bit.ly/4yJMx43.

It isn’t only the paycheck that ends

“Most people know what they’re walking away from when they retire. The paycheck, the boring meetings, the colleagues who drain them. What’s harder to see is everything work was quietly providing that they never thought to replace.” 

– Minnesota-based financial planner Derek Hagen in a 7/16/26 post on his Meaningful Money blog. He says if you don’t plan well, retirement may take away your reason to get up, a schedule that organizes your day, social connection, purpose, and an important part of your identity. Read more at bit.ly/4vXyCET.

A conversation all families need to have

“It is your choice to plan ahead and have the difficult conversations, or the plan will get written for you when you have the least control.” 

– Financial-behavior consultant Hamid Salehi in a 7/8/26 post on his Arcanomy blog. He says the need to receive or provide long-term care is an issue many families will face but few are planning for. Read more at bit.ly/4c7Qy8x.

Written by

Matt Bell

Matt Bell

Matt Bell is Sound Mind Investing's Managing Editor. He is the author of five biblical money management books and the teacher or co-teacher on three video-based small group resources.

His book, Trusted: Preparing Your Kids for a Lifetime of God-Honoring Money Management, was published by Focus on the Family in 2023. His newest book, Starting Strong: Discovering the Good That Money Can Do in Your Marriage, was published by Focus on the Family in the Spring of 2026. Matt has spoken at churches, universities, and conferences throughout the country and has been quoted in USA TODAY, U.S. News & World Report, and many other media outlets.

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