You look out the window of your home each night after dinner, staring across the street at your neighbors. You long for the cars they drive, their weekly manicured lawns, and even the vacations they seem to take several times a year. You’re not alone. I often look out my window, too, staring at the [...]
For kids, money really does grow on trees. If you’re familiar with basic psychology, you’ve read about a child’s magical thinking stage, their advances to concrete operational thinking, and their propensity for egocentrism until age seven or eight. If you want to learn more about how children think differently than adults, you may want to [...]
Recently, with the huge Mega Millions jackpot, a lot of attention has been paid to lottery, and even gambling. Much has been written about the odds of winning, as well as the folly of staking your financial future on nothing more than chance. But is gambling always a bad thing? Are you an idiot if [...]
Ask anyone what the important rules of money are, and likely they’ll be able to give you several maxims that at least sound like they are good advice. Unfortunately, many people are walking around following rules that really don’t apply anymore — if they ever did. The subject of personal finance seems to attract old [...]
Is a sense of entitlement holding back your finances? We all operate from an entitlement perspective at times when we believe we deserve a special purchase or have the right to spend our money how we see fit. And you do deserve to reward yourself for working hard, but what happens when those rewards get [...]
Knowing why you spend is as important as knowing what you spend when it comes to developing healthy financial habits. If you’ve ever heard of the Love Languages, you might be interested to know that people have assort of financial love language as well. Each of the six financial love languages reflects the psychology behind [...]
