I used to think that perfectionism could only be a positive trait. After all, it comes with a drive to achieve many things, and to do so with a high level of excellence. When it comes to academics or athletics, perfectionism can set you apart from the crowd; in the workplace, perfectionism impresses the boss and earns promotions.

But, as with any mostly-good trait, there are downsides to perfectionism — all of which stem from the reality that, in an imperfect world, it’s impossible to achieve (and therefore crazy to expect) absolute perfection in any area of life.

In academics, athletics, and careers, perfectionism can lead to self-created stress and burnout or procrastination and immobilization, not to mention what it can do to personal and professional relationships. The same dangers of perfectionism apply to the way we handle personal finances and other assets, as well.

Taking responsibility of your finances and seeking “perfection” is a noble mindset, but it can also lead to wasted money, lost earnings, and lost value. Here’s how.
[ continue reading… ]

how to ask for a raise
When it comes to the workplace, one thing employees always seem hesitant to do is ask for a raise. And it’s understandable, as such a conversation can be very awkward and uncomfortable. Especially if you’re the type that doesn’t like confrontation, this is one conversation you might be pushing off. You really should fight that fear and stop hesitating though.

Yes, asking for a raise can be very awkward, but only if you make it that way. As an employee, you should feel entitled and empowered to speak to your manager about your goals and expectations. If you feel like you aren’t being paid enough, you have every right to ask for more money… as long as you can support your claim. Here are some tips to successfully get that raise:
[ continue reading… ]

careers for millennials
Many different ideals and realities come together in our choice of a career: our personal strengths and interests, education and experience, preferences in a work environment, and, of course, the going salary and availability of jobs. But something else that might affect our career choices is our generational identity.

It’s wise to avoid blanket stereotypes and force unique individuals into neat categories, but many studies agree on some common characteristics among Gen X, Millennials, and Gen Z. Similarities touch everything from personal values, to money management, to our topic of discussion — career choices.

Let’s take a positive look at how the traits of each generation might shape what they look for in the workplace and how this can lend insight into the career you might be best suited for.
[ continue reading… ]

overspending money
You probably have the best intentions when it comes to saving money. You likely start off strong every month but then inevitably, your friends ask you to go out for a drink. A drink turns into two, and before you know it, you’re sitting down at a full blown three course dinner complete with dessert and a bottle of wine. There goes your budget.

With all the temptations out there, it can be hard to keep your finances in line. Of course, splurging here and there every once in awhile is okay. After all, money isn’t just for hoarding. But the habit of overspending can become a much bigger problem if you don’t keep things in check. Take these five steps to stop overspending today before everything gets out of hand:

[ continue reading… ]

Much of our culture views shopping, even when it’s done online, as a social activity. This is especially true around the holidays because there are inevitably friends or family who will ask whether you’d like to shop for gifts together. Shopping is much more fun when done in a group, but doing so is often painful for the pocketbook.

If you’re a parent or come from a close-knit family, you might not even have the choice to shop alone (or even prefer to), but those looking for a way to save money or curb spending should definitely consider the following benefits of shopping solo.

[ continue reading… ]

save money
Many Americans have little to nothing at all saved up. In the event of any emergency, most people just don’t have any resources to weather the blow. That’s pretty much an open secret though. After all, those living paycheck to paycheck and struggling to get by often find that building a cushion from scratch is daunting.

It can be difficult to understand how to build up your savings, but the key is to start little by little. Nothing is impossible once you get started. Here are five tips to help you strategically start building your savings:

[ continue reading… ]