3 Things You Need to Do to Be Successful
Key takeaways Rational optimism is far different that the stereotypical optimism. Successful people have a reasonable tolerance of risk. Become a rational optimist to be successful in your endeavors.
How to Handle Your Student Debt After Graduation
Key takeaways Two-thirds of students who just graduated college have student debt. Students must begin making payments on their debt six months after graduation. Know all of your expenses and create a budget. Most important thing is to remember to save first, spend later.
Do You Enjoy What You Do?
Key takeaways Young people are working ten hours or more a day to get ahead. Working for the sake of work amounts to living life with a surface-only approach. People need meaning, value, and purpose in life. Take the time to find a job that feels more like play than work so you can enjoy […]
Having Money Discussions Is Important in a Relationship
Key takeaways Younger generations are handling money differently than those before them. Gen Z and millennials are much more comfortable discussing money. Money is one of the biggest reasons for divorce. Talking about money before marriage is a good thing.
How to Achieve Goals with a Positive Mental Attitude
Key takeaways A positive mental attitude makes it more likely that you’ll accomplish your goals. The APA published a study, which found that setting goals and accomplishing them reduces anxiety and depression. Break goals into smaller chunks so that it’s easier to experience the little victories toward achieving your goal more often. Maintaining a positive […]
How the Need for Status Can Affect Your Cash Flow
Key Takeaways We make decisions very quickly—often in three seconds or less. Quick decision making is good in emergency situations, but bad when the decision involves spending money. Status seeking can cause people to make very quick, unwise decisions about purchases. Use various techniques to help you stop and think before making emotional purchases.
Do You Think You Can Go Without Medical Insurance?
Key takeaways People under about age 22 often spontaneously engage in highly dangerous activities without thinking about possible bad outcomes. They make decisions as if they’re immortal. That usually changes when you reach your late 20s and get into your 30s. You start to recognize that some of those things you did could have ended […]
It’s Spring and Time to Do Some Financial Cleaning
Key takeaways The old adage, “You reap what you sow,” is as true for those trying to get their financial houses in order as it is for farmers. Springtime is the season for thorough house cleaning and fresh starts. It’s also a great time for cleaning your financial house, which can give you a financial […]
Credit Unions: A Great Way to Earn and Save More Money
Key takeaways We share all kinds of things with each other: rides, vacation rentals, apartments, clothing, streaming services, etc. If you’re into the sharing trend, you might consider how credit unions share their profits with you by paying higher interest on deposits and charging lower interest for loans. Credit unions are not-for-profit institutions, so account […]
3 Things People Waste Money On
Key takeaways In the wake of all their bills and obligations, younger people often find they lack the funds to do things they like and want to do. Kevin O’Leary, of Shark Tank and Wonderful, wrote about three things people waste money on: overpriced coffee, too many shoes, and too many pairs of jeans. He […]