The Vow of Poverty is a hurtful financial behavior wrapped in a cloak of looking good. Almost no one vows to exist in a state of poverty, which is not have enough money to meet basic needs of food, clothing and shelter. The Vow of Poverty I am talking about is an intentional, conscious decision to minimize, even villainize, the importance of working for or accumulating money. This behavior usually comes from two flavors: a righteous, holier-than-thou attitude that money corrupts, is bad, is evil, and that the morally superior askew it or that by doing the right thing the Universe or one’s Higher Power will provide all of one’s basic needs for life.
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The Vow of Poverty
About Rick Kahler:
Rick Kahler, MSFP,CFP ® , CFT-1™, CeFT ® , CCIM, president of Kahler Financial Group, is a life-long resident of Rapid City, SD. He began his professional career in 1973 selling and appraising real estate He founded Kahler Financial Group in 1981. He became the first fee-only Certified Financial Planner™ (CFP ® ) in South Dakota in 1983. In 2020 he became one of the first Certified Financial Therapist-Level I (CFT-I™,) in the nation.
His firm, specializing in the integration of investment advising, financial planning, financial coaching, and financial therapy, serving small business and real estate owners, professionals, and retirees, as well as individuals and families.
He served on and chaired the South Dakota Investment Council and served in leadership capacities with the Financial Planning Association and the National Association of Financial Planning Advisors. Kahler is also a nationally renowned speaker and educator. In 2003, National American University recognized Mr. Kahler with the Alumni Distinguished Service Award.
Interested in working with Rick Kahler, MSFP, CFP®, CFT-1™, CeFT®? Please go to our website, Book a Financial Therapist Appointment and fill out a request for a 30-minute free consultation.
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