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Cut Big Before Small
We often focus on small items, because small wins give us immediate gratification. Switching brands of frozen peas and bringing our own coffee to work offer an immediate sense of virtue, and is also relatively easy to execute. Yet these areas also account for a relatively small portion of our budget, compared to housing, transportation,…
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The Best Way to Seize an Opportunity
For once, we arrived at the gate prior to boarding. Instead of rushing to join the last of the passengers, we had time to set our luggage down, and find something to eat prior to the flight. Just as I was about to leave the kids with my husband, and find something for an early…
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Getting Better With Money
Money is not the main thing we want to get “good at.” We want to get good at life.
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Consistency Over Perfection In Finances
Consistency leads to proficiency, not the other way around. If you want to become proficient in any aspect of financial behavior, you will need to commit to consistency over perfection.
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The Role Of Ego In Financial Behavior
Ego plays a strong role in your financial behavior. It can be an asset to adhering to your values, or it can move you in a direction that won’t serve your long-term interests. When you have strong self-respect and are clear on your values, your ego helps to orient you in your decisions. When your…
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When A Coupon Causes You To Spend More
New running shorts, however, were not what made me a runner. Running made me a runner. The problem is that the coupon didn’t serve me in becoming a runner. It only served to help me purchase running clothes that I didn’t even need.