Category: Behavioral Factors Impacting Finances

Greetings, fellow financial enthusiasts! Today, I stumbled upon a thought-provoking study conducted by Wells Fargo that delves into the financial dynamics of our beloved millennial generation (my generation). As someone deeply entrenched in the...

In a world that’s constantly bombarding us with images of lavish lifestyles and over-the-top spending, it’s easy to get swept up in the idea that looking rich is the same as being rich. But...

Money is more than just numbers on a screen or pieces of paper. It’s a powerful force that impacts every aspect of our lives. Understanding the psychology behind money is crucial for making wise...

Have you ever given a thought of becoming a minimalist? I know I have. Every time I step on a Lego or clean up the toy room, I wonder why we have so much...

Most people enjoy dining out and there are many reasons to enjoy this experience. Firstly, dining out provides a convenient and hassle-free experience, saving individuals from the need to plan, shop for groceries, and...

Have you noticed how tipping seems to be everywhere you go? I’ve even started seeing options to tip online when booking a hotel or when making purchase! Is it just me or does anyone...

Have you heard the story of Ulysses (also known as Odysseus) and the Sirens is a well-known tale from Greek mythology? Ulysses was a heroic figure and the protagonist of Homer’s epic poem, “The...

Let me start this off with a simple story about a guy named John who was notorious for his impulsive spending habits. One day, he decided to take control of his finances and create...

I know we all know we should strive to be healthy and we know the benefits that come along with it. I’m definitely not perfect in this area and continuously battle over staying healthy...

Credit card debt in the United States did not go down in Q1 of 2023. In fact, it increased by $1.3 billion from the previous quarter, reaching a record high of $986 billion. This...