Tag Archives: Money management

How to Resist Impulsive Spending

A midwestern couple walks into a mall. They’re looking to get some exercise so they set their FitBits and 9,000 steps later they’ve dropped $500. If you’re waiting for a punchline, there isn’t one. They left the mall with three ramen bowls, two coats, a pair of Doc Martens, and a bag of Lindt truffles they didn’t need when they got there and still didn’t need when they left.

Continue reading

Living in Financial Denial? Here’s How to Bounce Back

In a bleak economy that has split the “middle class” into three different subclasses, the 18 to 29 age group have more opportunities to go into debt than any generation that came before them. There is a lot of pressure to show success. So much so that more people are living beyond their means more than ever.

Continue reading

How Seasonal Shifts Affect Spending Habits

You’ve had a hard week and a glass of wine at home just isn’t going to cut it. So you opt to head over to your favorite department store and do a little damage on your credit card. While retail therapy is indeed “a thing,” the psychology behind it may shock you. Your need to spend may have something to do with the weather.

Continue reading

3 Expenses to Shed this Autumn Season

Much like the trees shed their leaves this time of year, it may be time for individuals to do some shedding as well — of the financial nature. Autumn is the perfect time to follow the trees’ lead and strip ourselves of those unnecessary expenses we’ve piled up during summer. 

Continue reading

How COVID-19 is Reshaping Millennial Saving Habits

The coronavirus pandemic has caused the most substantial economic rift to the U.S. economy since the Great Recession of 2008. Due to quarantining policies and business shutdowns, the nation’s unemployment rate reached a staggering 14.4% in April 2020, according to Pew Research

Continue reading

4 Tips to Spring Clean Your Finances

Spring cleaning might be a heinous thought, and it might usually apply to cleaning the house. However, everyone could do with spring cleaning their finances once in a while. Whether it be clearing some old debts, creating a few more spreadsheets or completing your tax statement, there are plenty of things you can do to keep your finances sparkling clean.

Continue reading