Meet Allan Liwanag, Twitter handle @PracticalSaver living in the state of Maryland. Allan has graciously allowed me to interview him about his money beliefs and behaviors. Allan is an avid saver but he didn’t come by it naturally. Here is his story. Allan is a husband and father of one child. He and his wife are committed… Continue reading Are We Too Spoiled to Save Money?
Category: Money Psychology
Save Money – Choose Your Shopping Buddy Wisely
If we have a choice of companionship when it’s time to go shopping, we often choose friends with a like-minded attitude if we’re not with family. Women are encouraged to shop together for good reason – they’re unstoppable. Women take pride in carefully selecting goods and comparing. It can be a social occasion and emotional… Continue reading Save Money – Choose Your Shopping Buddy Wisely
Are You Tying the Knot for the Second (or third) Time?
“I wish I discussed finances before I got married last time.” Sound familiar? Did you know past statistics have shown that in the U.S. approximately 50% percent of first marriages, 67% of second, and 73% of third marriages end in divorce?* Not surprisingly, a major cause of divorce in marriages is money. * You’ve found that… Continue reading Are You Tying the Knot for the Second (or third) Time?
Behavior Change at Lululemon – Just in Time
It took the Lululemon sales consultant AND my husband to talk me out of a money behavior that was so very hard for me to resist. And I sought their help to do it. Our money beliefs can be pretty hard-wired. Whether we are a spender or a saver; we value status or find money… Continue reading Behavior Change at Lululemon – Just in Time
Cash in the High Stakes Moment
My husband commented that I should check my tires since one in particular seemed a little deflated. I never look at my tires -never thought to – unless of course one goes flat on the way to a really important meeting while I’m in my best suit. Then I’d notice. The mundane chore was fit… Continue reading Cash in the High Stakes Moment
Dishing on Couple’s Money with Mrs. & Mr. Tomato
Thanks to Cheryl and Stu Benton for willingly ‘baring all’ on their money beliefs, and how they found common ground as a couple. Here is their story. If you’ve ever talked with Cheryl, her intelligence is evident. She had the guts to build an ad agency which was purchased by a larger company, and then… Continue reading Dishing on Couple’s Money with Mrs. & Mr. Tomato
Losing Money? The $100,000 Noose Around Your Neck
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
5 Tips to Fight Tax Return Money Euphoria
We all know the feeling – when we’re getting a tax return and we feel, well, rich. Not rich like a millionaire, but richer than we were yesterday. It’s like gold falling from heaven. And then it starts. The “what can I use this money for” dreams begin. And believe it or not, we probably… Continue reading 5 Tips to Fight Tax Return Money Euphoria
Not Saving? Not Your Fault – Blame Subconscious Money Attitudes
We all have subconscious money attitudes of one nature or another. You may have heard your parents say over and over “don’t ask for things; you should be grateful for what you get”. Words like this that generate a feeling of guilt may discourage you from ever seeking a promotion at work. Or “if you are… Continue reading Not Saving? Not Your Fault – Blame Subconscious Money Attitudes
6 Steps to Healthy Spending. And Forget About a Budget.
This is THE YEAR you want to get on top of your cash. GREAT! The worst thing you can do is start with a budget. What? Really? Why? (and secretly, you’re probably thinking Yay!!). Money is not logical. Money is fraught with emotion. And if you force yourself to do something you “should” be doing,… Continue reading 6 Steps to Healthy Spending. And Forget About a Budget.