Money Mindset
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5 Must-Read Money Books for Millennials
Money books have structured information that makes it easier to learn important topics like money. I’m a big fan of blogs, but money books give us deeper knowledge about a subject offering a start and endpoint. The more you know the more you’ll grow. Reading about money will help create a solid foundation of understanding. In today’s guest post, I…
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How to Win in Life Without Winning the Lottery
I will openly admit I have played the lottery many times. Sometimes the lottery tickets yield a $2 win, but most often, it’s a loss. I don’t play the lottery regularly, but there are occasions like billion-dollar jackpots when I opt to buy a ticket and skip my cup of coffee. Let me get this out of the way. The chance…
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7 Habits of Financially Happy People
Being financially happy is an elusive goal for many people. It seems like everyone wants to be rich, but few people actually achieve happiness. If you want to be financially happy, then you need to start thinking differently about your finances. It would help if you never were afraid to ask questions. The more you learn about money, the better off…
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How to Change Your Money Mindset: Understanding and Improving
A major reason you may not be achieving your financial goals is your existing money mindset. In this article, we’ll discuss the scarcity mindset, your attitude about money, and the money habits of rich people. And most importantly, how to shift your beliefs to abundance and growth. So, what’s your attitude towards money? Did you know your mindset about money has…
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5 Money Beliefs for Better Financial Wellbeing
Money beliefs inform our financial habits and impact our behaviors. These beliefs either cause distress or lead to success. Dr. Brad Smith, a financial psychologist, coined the term “money scripts,” which helps categorize these money beliefs that affect financial habits. Whether you are on your financial wellness journey, it’s great to be aware of how your relationship with money–positive or…
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How to Improve Your YOLO Mentality on Money
Do you have a YOLO mentality? The YOLO mentality is back in popular usage as a result of the pandemic. The world is once again faced with the reality that tomorrow is not guaranteed. Today, YOLO is associated with the economy and stocks like AMC and GME. Connecting YOLO with money and finances is not new. As older millennials, we…
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Psychology of Spending: How to Spend on Your Values
Have you heard about the psychology of spending? There are money beliefs you may hold that influence how you spend your money. Often these influences themselves are stirred by factors like marketing, social relationships, and spending habits. Dr. Brad Klontz, author and founder of the Financial Psychology Institute stated there are “factors [that] make up your “money scripts,” or your…
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Life After Financial Independence: What to Do Next
You’ve dreamt about what life would be like after financial independence and achieving the possibility of early retirement. The images of a carefree lifestyle with no work seem appealing, but chances are you’re going to ache for something more. So, the question remains, what will you do after FI? I’ve seen this question arise numerous times on forums, blogs, and…
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How to Share Financial Responsibility Upon Moving in Together
Have you talked about financial responsibility with your partner? There are many stages to a relationship, but one of the most complicated comes when you make the decision to move in together. It’s mostly a happy time of merging two unique styles and personalities into one home. However, there is one major talk to have before you take the plunge: finances.…
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The Uplifting Signs of Financial Stability You Need to Know
You probably have an idea of what financial stability feels like, and in your mind, you haven’t reached this point. Interestingly, many people have their own idea or definition of what it means to be financially stable. One might feel stability as long as bills can be paid. Others might not feel financially stable until they’ve paid off debts or…
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