Hobbies, by definition, are something we do for enjoyment. They aren’t activities that we absolutely have to do. That means that in a purely financial sense, spending any money on hobbies — especially when you have other financial concerns like paying for food and shelter — is wrong. The reality of the situation, though, is […]
You read blogs like this to find the best ways to manage your money. Your intentions are terrific because saving money is something you know you need to do. But as much as you read about it, you haven’t fully committed to a vision that will make it happen. You’re sabotaging yourself. “What do you […]
I’ve been getting a lot of flack for how much I spend lately. I’ve been told I spend too much on a cause I’m involved with. I’ve been told I spend too much on going to the spa. I’ve been told I spend too much on travel. It’s true that I like spending money, but […]
Let’s break these rich factors down.
A financial survey from 2019 showed that 53.3% of U.S. households are dual-income. The key reason this is becoming the norm is obvious: we think we ‘need’ more money. With inflation not seen in decades, a possible recession on the horizon, and an uncertain stock market, it’s no wonder many couples believe two full-time incomes […]
Money is a complicated subject because we all have unconscious beliefs about it. Financial planners and psychologists refer to these beliefs as “money scripts.” They’re the stories about money we’ve told ourselves since childhood, and they’re often rooted in how money was viewed in our childhood homes. Once we know and recognize our money scripts, […]
