Ever wondered why financial habits are sometimes hard to change? Maybe you don’t need convincing, and you understand the mathematical or logical reason behind the need for change. The problem is in the doing it by growing good financial habits. Here’s why: the pain of the problem (i.e. bad habit) has yet to exceed the perceived pain of the solution (i.e. …
Five Financial Planning Practices (You Should Begin Today)
There are certainly a lot of bad habits surrounding money in our culture, as evidenced by the fact that over half of American families live paycheck to paycheck. Perhaps lower salaries or loss of income is to blame, but how much less would the impact be if the American public would adhere to a few financial planning “best practices” surrounding …