Since knowledge is power, you may think it’s important to consume as much financial news and educational content as possible. However, taking in too much information about money can make it harder to make good financial decisions. For example, investors who listen to lots of negative stock market news during recessions may be tempted to sell off their investments in an attempt to limit their
According to a recent survey, about 40% of Americans feel behind when it comes to meeting life and financial milestones. About 13% of people feel behind on retirement savings, 10% wish they were more financially stable, and 8% want to own a house. However, even if you haven’t achieved all your financial goals yet, you’re probably doing better than you think. The internet makes it
Recently I bought Animal Crossing New Horizons to play on my Nintendo Switch. I grew up playing Animal Crossing on the Wii, so I got a wave of nostalgia when I fired up the game for the first time. Animal Crossing is probably best known for the quirky talking animals that roam the village. You can interact with these villagers, who often give you interesting
If you have a TikTok account, you’ve probably come across a trend called romanticizing your life, which is a form of mindfulness. It involves trying to find joy in the mundanity of your daily routine. For example, instead of gulping down your coffee as you rush out the door, you could romanticize your morning cup of joe by taking the time to savor it. I
One of the things my partner and I are trying to work on this year is making better use of workplace benefits. Your benefits are part of your total compensation package, so you’re basically leaving money on the table by not taking advantage of them. About 30% of employees say they’re confused by their benefits package. If you’re one of them, it’s time to break
Telemedicine is a medical service and technology that allows patients to receive treatment from specialists that are located remotely. It can also provide health education, social support, and medication adherence services. Healthcare systems implementing telemedicine solutions will tell you that getting up and running takes time and resources. However, the benefits should be worth the initial investment as more patients can be treated with less
Some people find themselves so busy with their job, their kids, their home, and their life in general, they forget to make enough money to retire on. Suddenly they’re fifty or older and they realize they have more debt than they do savings. What to do? Some of these folks will foolishly convince themselves that when their parents have passed, they will inherit a whole
Recently I read an article about how therapy can improve your finances, and I definitely agree. Although therapy itself can be expensive, getting treatment for your mental health condition can free you up to focus on your financial situation. When you’re dealing with depression or anxiety, you don’t have much mental energy to devote to money management. Just getting through the day is tough, let
Financial flexibility is one of the most important skills, especially in uncertain economic times. Life may not always turn out the way you expect, forcing you to reevaluate your financial plans. If you’re unwilling to adjust your budget and money management strategies as your circumstances change, you could get into debt or fail to achieve your goals. Here are four reasons why being financially flexible
No matter how financially disciplined or savvy you are, you’re still bound to slip up occasionally. Whether you’ve made a big or small financial mistake, forgiving yourself is important. It’s unlikely that one financial misstep is going to tank your financial future, so don’t beat yourself up or panic needlessly. Instead, check out these 5 tips and strategies to help you recover from a financial
