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How Money Psychology Affects Your Finances—and the Benefits of Financial Therapy

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The goal for girls in her family was to grow up, find a man and marry him because he’ll take care of the finances. Our psychology affects how we treat money “Morgan Housel wrote the book The Psychology of Money , and he said that money is influenced more by your psychology than finance,” Williams says.

Finance 288
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Workbox Takes Startup Support Beyond Providing Flexible Office Space

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The company, which currently has four locations across Chicago, goes beyond offering collaborative spaces, wellness amenities, phone booths, and other common perks seen in coworking offices. . Workbox emphasizes the importance of building up startups by offering mentoring services and investment leads for members of their spaces. . “I

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What Is a Credit Freeze, and Should I Do It?

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However, knowing what a credit freeze is and taking advantage of it can help protect you and your finances. You can do this online, over the phone or by mail: Experian : 888-397-3742; Experian Security Freeze , P.O. If you choose to do it by phone or mail, the process may take up to three days after you make the request.

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What Is My Net Worth?

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Many people focus on one or two areas of their finances but don’t stop to look at the big picture and confirm that they’re moving in the right direction overall. Zero : If you add up all of your assets and liabilities and come up with zero, you are balancing debt and income. If you have a zero or negative net worth, don’t panic.

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Harnessing the Power of Momentum to Achieve Your Goals

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It takes a lot of effort—great effort—to line them all up. In fact, taking smaller actions helps to ensure that whatever you may be working toward, be that a professional promotion, building a new skill or even taking up a new hobby, remains manageable. I want you to picture a line of dominoes. This is the power of momentum.

Goals 303
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4 Smart Money Moves to Plan for Financial Security

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That’s because when we delay organizing our finances, it causes us to delay a lot of other things, too. But it’s really no surprise that millennials have trouble dealing with their finances. Plus, an unsurprising majority of this age group feels stressed when thinking and talking about finances. Trust me: I get it.

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How to Create a Budget: 6 Steps to Get You on the Path to Financial Security

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We all know expenses exist, but the numbers keep adding up—rent, water, trash, electricity, cable, Internet, car insurance, renter’s insurance, gas, cell phone. Dive into a digital finance manager, excel sheets, worksheets and a homemade bill binder. It all feels a bit much.

Budget 276