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Author: Carrie Rattle

Carrie Rattle is a Principal at BehavioralCents.com, a website for women focused on mind and money behaviors. She has worked in the financial services industry for 20+ years and hopes to inspire women to better prepare themselves for financial independence.

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Get In Touch With Your Spending Emotions

In today’s economy, people are actively gaining awareness of their spending habits. People who once spent money without worry are keeping track of their expenses as well as their feelings when making financial decisions. In studies regarding people’s emotions, when spending their money, there are two ends of the emotional spectrum. On one end, there… Continue reading Get In Touch With Your Spending Emotions

Compulsive Spending Blends in During Holiday Shopping

It’s no surprise that around the holidays, it is easy to overindulge. We make excuses for eating, drinking, and of course spending too much in the name of the holidays. But for compulsive spenders, this mindset can be incredibly damaging. When everyone is buying more than usual, compulsive shoppers blend in even more and hide… Continue reading Compulsive Spending Blends in During Holiday Shopping

Shop Like a Man

It may be partially a gender stereotype, but the belief that women make more purchases than men has also been revealed in survey data. In fact, women may be responsible for about 80 percent of purchases for the home. Men, however, may hold some key advantages as shoppers, stemming from possible evolutionary roles. Men hunt… Continue reading Shop Like a Man

The Devastating Effects of Shopoholism

Just like any addiction or disorder, Shopoholism can have devastating effects on the lives of those who suffer from it. While classified as an obsessive-compulsive disorder but not an addictive disorder, Shopoholism has a similar expression. Making a purchase creates a “high,” which is followed by negative feelings of guilt, remorse, and depression often resulting… Continue reading The Devastating Effects of Shopoholism

Best Ways to Create a Safety Net After a Financial Downfall

Creating a financial safety net to be your backup in times of crisis is important, but what happens when you encounter that crisis and wipe out that safety net? As important as it is to have that cushion you should also be prepared to start rebuilding your emergency savings account. Start by reviewing overall expenses… Continue reading Best Ways to Create a Safety Net After a Financial Downfall