Pay yourself first
Sometimes it is the serendipity contact who can give you inspiration. “No matter what you do, pay yourself first. Even if it is only $5 a week, put that aside…
Build your social network as support
Psychologists point out that there is a paradox in dealing with debt. Individual efforts to take full and complete responsibility for accumulated debts may lead to manic and unrealistic dreams…
Use videogames to improve financial literacy
https://www.youtube.com/watch?v=j5akAu2b5PMThe success of the video game industry has led some to suggest that the games could be used as part of a program of financial education. In principle, video games…
Visualize your future self
Being able to see yourself in the future is a valuable way of encouraging yourself to save more for that future date. While he was at Yale University, Keith Chen,…
Our Current Savings
Only a few of us are saving enough for retirement. A 2017 survey by the Financial Industry Regulatory Authority (FINRA) of 2,000 adults found that only 31 percent of us…
Bracing for a Silver Tsunami
I’d acted like one of those people who win the lottery and squander it on houses, cars, family, and Caribbean cruises. But I hadn’t won the lottery; I’d fallen under…