Posts tagged Money Makeover
Money Makeover Part 1: Mindset

Do you ever feel like you’re stuck in a financial rut? You’re not alone. According to a new analysis by The Ascent, a division of The Motley Fool, almost half of Americans want to be financially prepared for the future but 97% aren't making time to do so.

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Money Makeover Part 2: Origin

Are you or one of your kids a fan of superheroes? My youngest son loves Spiderman the most. Every superhero has an origin story, sharing how they gained their powers and decided to fight crime.

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Money Makeover Part 3: Needs

It is within the physiological needs that “wants” actually emerge. You need a roof over your head, but you want a spacious house with top-of-the line appliances, renovated bathrooms, and a finished basement. Even if that house is within your financial reach, you must recognize that it is a want, not a need.

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Money Makeover Part 4: Experiences

Dr. Elizabeth Dunn, an associate professor of psychology and co-author of Happy Money, studies the relationship between money and happiness. She finds that happiness levels remain steady once annual household income reaches $75,000 or more. Her research further indicates that you are better off spending money on experiences rather than material items.

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Money Makeover Part 5: Yes

You are in the driver’s seat. 

You get to decide which attitudes and beliefs about money stay, and which ones go. 

Your daily habits strongly influence goal achievement or failure.

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