Stop this Mindset trap if you want to manage your money like the rich
It’s tax time and you’re expecting a tax refund. You decide “this is my vacation money”. Meanwhile, you have credit card debt to pay off. What makes you see this money differently than if you would’ve gotten it in a paycheck? Mental accounting. Mental accounting is a behavioral bias that leads you to treat money […]
Why You’re Earning Money And Still Feel Broke
Ever wonder how you’re making money, yet your bank account feels as empty as a library on a Sunday? Well, you’re not alone in this money mystery. As a financial advisor, I have clients that come to me with this exact question. Lifestyle Creep Here’s the deal: When it comes to money, there’s only 3 […]