Rationalization How we trick ourselves into making bad financial choices. Lilian Yoffe Financial problems we face on a daily basis are multifaceted and do not stem from simply one bad habit or just a lack of knowledge in the financial realm of things. … [Read more...] about Rationalization How we trick ourselves into making bad financial choices.
financial psychology
Are you ‘revenge spending’? How to avoid the post-pandemic urge to splurge
Are you 'revenge spending'? How to avoid the post-pandemic urge to splurge As the world starts to open again, many of us are also opening our wallets — to spend money at restaurants, the movies, gyms — and on new clothes we previously had no place to wear … [Read more...] about Are you ‘revenge spending’? How to avoid the post-pandemic urge to splurge
How to make minding your money feel like an act of self-care
How to make minding your money feel like an act of self-care The buzz of self-care may manifest in many ways — a soothing facial mask, a bubble bath or a daily yoga practice. But when it comes to your money, you should be thinking of it as an act of … [Read more...] about How to make minding your money feel like an act of self-care
Your Financial Identity
Your Financial Identity Finance and LGBTQ2+ A survey conducted by SAGE reported that 42% of LGBTQ individuals between 45 and 75 years old were “very” or “extremely” worried that their savings will run out, in contrast to the 25% of non-LGBTQ individuals.1 … [Read more...] about Your Financial Identity
Money is quantifiable, humans are not
Money is quantifiable, humans are not It has been three months since you have been laid off your job. In the first two or three weeks, you were able to manage to pay all your monthly bills: rent, electricity, food, and so on. However, you are entering month … [Read more...] about Money is quantifiable, humans are not
How to Tackle Debt as a Couple
When Melissa Neacato and her husband were about to get married, they met with a premarital couples counselor. During the sessions, one conversation popped up about their money goals, and how they ultimately planned to tackle their finances. Neacato … [Read more...] about How to Tackle Debt as a Couple