Weekly roundup of recommended personal finance articles from around the web. How to figure out your “money script” — and change the way you handle your finances (Money Ning). We all have conversations about money going on in our minds. Change the conversation and you could change your experience with money. The difference between busy and […]
Archive | Psychology of Money
Profitable Ideas: The Inflation Hedge No One’s Talking About, “Unspoiling” Your Young Kids, and More
Weekly roundup of recommended personal finance articles from around the web. The world’s best inflation hedge (Young Money). No brokerage account required. How you can take a digital detox this summer (Becoming Minimalist). This could be a summer to remember. Let’s not waste it scrolling mindlessly on social media. What to say when a recruiter […]
Choose Your Financial Role Models Well
The comparison game is hard to avoid. It’s been played for a long time, and lately it’s become even more challenging. “I think the difference today is the unending nature of knowing what ‘the Joneses’ do, given technology. Purchases, vacations, educations are all broadcast via social media and other means.” That’s Sarah Stanley Fallaw, Founder […]
Profitable Ideas: Defining “Rich,” Fail-Proofing Your Budget, and More
Weekly roundup of recommended personal finance articles from around the web. Are you rich? How the wealthy are defined (US News). How would you answer that question? Retailers use psychology to influence your buying decisions, here’s how (World Economic Forum). What percentage of your typical grocery run do you think consists of impulse buys? 5 […]
Profitable Ideas: Mega-Deals in the Metaverse, Words of Minimalist Wisdom, and More
Weekly roundup of recommended personal finance articles from around the web. Metaverse real estate sales top $500 million, and are projected to double this year (CNBC). This may sound like a scene from the distant future, but it’s happening now. Don’t expect rising interest rates to boost your savings account (Wall Street Journal). Why loans […]
An Identity Theft Like No Other
Identity theft has become a common crime, impacting millions people each year. As bad as the problem is, about a hundred years ago, an identity theft took place on a far grander scale. Everyone’s identity was stolen. Amazingly, this huge heist didn’t make headlines, and it didn’t prompt any calls for greater security. In fact, […]
Navigating The Mixed Messages Of Our Consumer Culture
If you’re really paying attention, life can be a very odd experience. Especially when it comes to money. For example, in troubled economic times, front-page newspaper stories regularly quote economists expressing concern that the personal savings rate is going up. I still vividly remember reading one such story during a recession. I had to blink […]
Profitable Ideas: Magic Beans, Selling a Sense of Groundedness, and More
Weekly roundup of interesting and helpful personal finance articles from around the web. Magic beans (The Reformed Broker). Who are you listening to for investment advice? I no longer want to shop (NY Times). How some time away from the mall changed this writer’s perspective on shopping. How has the pandemic changed your financial habits? […]
Profitable Ideas: Your Wealth IQ, Go Big Early, and More
Weekly roundup of interesting and helpful personal finance articles from around the web. What’s your wealth I.Q.? (A Teachable Moment). “Getting more from what you don’t pay for is a terrific life hack.” As good as it gets? (A Wealth of Common Sense). The stock market provides a tremendous opportunity to build wealth. Keeping my […]
Profitable Ideas: Your Brain is Not Your Financial Friend, The Mobile Investor, and More
Weekly roundup of interesting and helpful personal finance articles from around the web. Your behavioral biases could be causing you more financial harm than you realize (CNBC). In many ways, our brains seem to be wired to steer us off course. Your 401(k) isn’t free. Here’s how to figure out how much you’re paying in […]