Money Beliefs

The phrase “dollars to doughnuts” first appeared in the mid-19th century as a catchy way to describe something considered a safe bet. Dollars obviously hold value, whereas doughnuts are essentially worthless (unless you’re a big fan of doughnuts, maybe). So, what does this mean to you, as a consumer, and how can it become a […]

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Dealing with a dishonest salesman or falling for a sneaky marketing ploy are experiences we can learn to identify and avoid, but there are other kinds of money traps many of us fall for – and they start in our own minds. A common scenario that illustrates the first of these mental traps is shopping […]

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One of the very real fears people have is that of spending money. This is especially true after you have been in a frugal mindset for a long period of time. When you are so used to pinching every penny, it’s common to become scared to start spending more money. While this isn’t always a […]

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We talk about avoiding financial infidelity all the time, but how well do we actually share financial information? The indication is that most of us aren’t very good at it. According to a survey reported by CNBC, close to 40% of baby boomers have spent more than $500 without letting their significant others know. On […]

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There’s talk that consumer credit card debt may set a record and potentially exceed $1 trillion this year. We already set another record, with the largest net increase in consumer debt since 2007 ($80 billion). Wow! But should we see accumulating more credit card debt this year as inevitable? I, for one, don’t think so. […]

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Money can be an extremely touchy subject. Even for those of us who swear that money isn’t important, there’s no way to deny that whether we like it or not, dollars touches our lives in every way. If you’re reading this, you probably have a clear idea on how important money is to a well […]

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