Tag: personal finance
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The Personal Finance Trap: Emotions
The finance trap of emotions can be a vicious life-long cycle that hold you back. This post focuses on recognizing, working with, and controlling your emotional responses than beating them. An important thing many over look on their finance journey is their personal narrative and how the emotions it brings have significant impact in the…
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Five Budgeting Tips
I know that the word “budgeting” might make some of you cringe, but fear not! With the right mindset and a few easy tips, you’ll be well on your way to financial stability and success. Tip #1: Track your expenses The first step in creating a budget is to track your expenses. This means keeping…
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No Spend November
Happy post turkey month! With the holidays upon us, it’s more important than ever to know our limits and set boundaries. I’m talking about how the American consumer culture pushes a society that can’t afford it to max out their credit cards and dry up their meager savings all in the name of “gift giving”.…
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Risk Tolerance
A measure of how much loss you’re willing and able to endure during a decline in the value of your assets. Risk Tolerance As with life, anything that puts your financial future at risk evokes an emotional and physical response. Things like an unexpected expense, late fees, income loss, identity theft, market crash, etc. are…
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TheMillennialFI
We made it to 2021! Welcome to TheMillennialFI. Let’s all take a breath and savor this achievement. For many past years, I’ve started out with new goals. This time I want to do things a little different because new year resolutions are out dated and tend to work against us. It’s not really a goal…