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Due to the popularity of the visualizing how your stuff owns you post from several weeks ago, I thought it would be beneficial if I documented exactly how I use a simple monthly calendar and a few personal finance metrics to visually represent how many hours, days, even weeks, I …
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Instead of the regular post where I drop knowledge on you, I thought I would flip this around a bit and pose this question to the group…
Why is it so difficult to convince someone that it’s in their best interests to save money, build an emergency fund, and make a …
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Emergency funds have become a personal finance must-have in today’s environment.
Their very existence is based on the premise that you will need to find convincing ways to save an extra $2500 for unexpected car repairs or an extra four months salary because you were suddenly downsized and you still need …
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Financial planners and personal finance advocates would likely agree that winning the ”Why should I save money?” argument is one of their most difficult challenges to overcome.
Being a student of psychology and behavioral economics, I generally try to tap some sort of emotional or behavioral trigger in someone when discussing their …