Posts filed under: Mindset

Studies have shown that not very many people keep their New Year’s resolutions. A few years ago, U.S. News reported that two weeks into February, about 80% of those who set resolutions had given up on them already. Back in 1988, a study was published by John Norcross and Dominic Vangarelli where a group of......
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Reports are out that American household debt has reached a record high of just over $13.5 trillion. Let’s type that out in round numbers.  $13,500,000,000,000 That’s a lot of zeros! With that number, there is $837 billion more debt than there was in 2008 just before the Great Recession rocked the world.  That means one......
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I just got back from a very restful vacation to Disney World with my family. It was great to see my wife and kids the whole day. My mom even came with us this time, which was enjoyable. But Disney World is a double-edged sword these days for me. Note: I promise there is a......
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I’ve been studying personal finance—and helping people budget—for the better part of 15 years. In that time, the number one reason that people seem to struggle with their finances is their motivation and mindset. Motivation is one of the biggest hurdles we encounter when we want to reach any goal. We’ve all been there. We......
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Budget burnout is a very real thing. You get the motivation to make some changes, make some progress for a few months, and then burn out from the effort you’re putting in. After a few months, you feel like spending money and don’t feel like doing anything to track or take care of your finances. What’s worse......
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A great manager is a great coach. And a great coach has methods that relate directly to personal finance. At the end of April 2017, my manager left the company where I am employed. At the time, I had worked under him for almost all of my career at my current company. Honestly, he’s probably......
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Fear sucks. I don’t know of one person that actually likes to be afraid. We’d all much rather be confident in what we’re doing and not afraid of anything. I’ve started to notice fears in my own life. Some are normal, like having a fear that something will happen to my children. Others are because......
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Ebenezer Scrooge is arguably one of the most famous literary figures in history. Even people who haven’t read the Charles Dickens classic, A Christmas Carol have heard of Ebenezer Scrooge. Scrooge has been portrayed by many different actors in radio, cartoon, and live action since the book was written. From Classic tellings such as the 1984 movie starring George C. Scott to more comical versions such as the Muppets version starring Michael Caine or the Jetsons episode, A Jetson Christmas Carol, it’s clear that Scrooge has left his mark on the English speaking culture....
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A lot of us these days (me included) feel so strapped for time that we don't think we have the time to fix financial holes in our budgets. Truth be told, it takes work to get your finances under control and sometimes it can take a lot of time. So what do you do when you have both a need to work on your finances and the need for more time?...
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One of my greatest role models for how to be “Atypical” with your money is Mr. Milton S. Hershey, the founder of The Hershey Company. He was truly a forward thinking entrepreneur and really wanted to bless people with his money. Milton Hershey was born in 1857 to Henry and Veronica “Fanny” Hershey on a......
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