I just finished reading Rich Dad Poor Dad. And I enjoyed the contrarian viewpoint on money and what it should mean. The suggestion that a house is a liability rather than an asset is thought provoking. Is a house just our emotion conquering our logical brain? Growth Over +20 Years Of course, the alternative to… Continue reading Losing Money? The $100,000 Noose Around Your Neck
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.
Divorce Part 3: The 3 Biggest Financial Mistakes You Can Make
The list of potential financial mistakes made while divorcing can be extensive. It is an exhausting, emotional time for everyone. Every money decision is emotional to begin with, and this stress just adds to the mix. Divorce and finances can become complicated and dividing assets can be complex, which is why the finance industry CDFA © designation… Continue reading Divorce Part 3: The 3 Biggest Financial Mistakes You Can Make
Do You Trade Happiness for Money?
My colleague, Stacey Francis is CEO & President of Francis Financial. She is also Founder of Savvy Ladies, a non-profit organization that spreads free financial information to women. As with many of us who are in the money business, we have stories that drove us here. These stories are personal and emotional. Here is Stacey’s: When Money Wins… Continue reading Do You Trade Happiness for Money?
Enough Money: A State of Mind or Fact?
People often use the phrase “If I could just make enough money life would be better”. It definitely makes sense for those of us who spend every penny on food and rent to survive. But for some of us, regardless of our pay raises, bonuses, and promotions, we constantly seem to need more. Why? Because this can… Continue reading Enough Money: A State of Mind or Fact?
3 Reasons Saving Isn’t Deprivation
Many of us think saving means deprivation, so we balk or rebel. For most of you, I can guarantee it won’t be deprivation. How can I be so sure you ask? It’s because of these 3 reasons: Over our lifetime, we build spending patterns. They often form during milestones like our first job with real money, marriage,… Continue reading 3 Reasons Saving Isn’t Deprivation
4 Steps to Build Better Money Habits
In our last blog, we talked about changing subconscious habits instead of using pure willpower to save money. It takes desire and focus to change, but once the new habit is on automatic pilot, it takes less effort than sheer will power. A habit loop is comprised of a Trigger, Action and Reward. (1) Charles Duhigg, author… Continue reading 4 Steps to Build Better Money Habits
Do You Plan your Money like You Plan a Vacation?
We’re going on vacation. Let’s pack. > Where you ask? Why does it matter? Oh I see. You want to know what to pack. Well, it’s very warm there…. > Hotel or Tent? Hiking or Pool side? Um, a wonderful hotel with sports and a pool. Why? You’ll bring your pretty sandals and dinner dresses… Continue reading Do You Plan your Money like You Plan a Vacation?
Financial Health or Financial Wealth?
I’m ashamed to say that the first time I read the phrase Financial Health I actually read it as Financial Wealth. That’s what 30 years of conditioning will do – train you to default to the same nomenclature and assumptions we toss around daily. In my mind, Financial Health as a target is so superior… Continue reading Financial Health or Financial Wealth?
3 Dangers when Talking Money to Your Banker
Some of my friends and colleagues are bankers. Are they knowledgeable and operate with integrity? Absolutely. But first and foremost, they’re human too. Bankers should be more knowledgeable about their business than the average bear. However, they have money emotion and needs like the rest of us, which means they may not be putting you… Continue reading 3 Dangers when Talking Money to Your Banker
3 Tips for the Super Mom Brain & Money Talk
We all know a woman’s brain works differently from a man’s. Did you know a woman’s brain goes into superior overdrive once she becomes a Mom? With this kind of computer power – women can tackle, learn and succeed with anything around money talk. We just need to deliver the information and discussions differently. Here’s… Continue reading 3 Tips for the Super Mom Brain & Money Talk