Although money is important to us, many of us struggle to make smart financial decisions. Poor financial choices, such as impulsive purchases or incorrect investments, can lead to worry, debt, and long-term financial instability. Why do we sometimes make poor decisions despite being aware of these truths? The answer lies in our thoughts, habits, and …
No one buys something they don’t need just to feel better. Emotional spending is a common mistake that can cost you money and make you regret it later. It can be anxiety, boredom, or even happiness that makes us spend mindlessly. What’s wrong? When short-term excitement wears off, we find it difficult to spend. The …
Money is more than a number; it affects our feelings, behavior, and relationships. You’re not the only one who worries about debt, feels uneasy about spending money, or falls into money habits that you can’t shake. That’s where financial counseling comes in. Personal financial planning and psychological support are both components of financial therapy, helping …
Have you ever felt like no matter how hard you work, you never have enough money? Experts call this constant worry about running out of money a scarcity mindset: the belief that wealth is finite and that people are always fighting for a small piece of it. But in reality, abundance is more than just …
The shame of money is one of those emotional burdens that many of us have but seldom discuss. It can be brought on by financial blunders, debts, spending too much, under-earning, or simply looking at ourselves in comparison to other people. If you’ve committed financial mistakes in the past or feel financially sluggish, shame may …
Have you ever walked into a store to buy just one item, only to leave with a full shopping cart? You’re not alone. Impulsive buying is a common behavior that can silently deplete your finances and disrupt your financial plans. These small, unexpected purchases—like an accidental cup of coffee, a bargain you can’t afford to …
Ever thought about why saving money can feel like such an uphill battle, even when you know it matters in the long run? Or why it sometimes feels like you are spending more money on things you want rather than things you need. More often than not, the reason is not your income or expenses; …
It’s simple—waiting is an arduous task. Whether you have one-day delivery, same-day streaming, or want to get something digitally downloaded instantly, we live in a world that screams, “Why wait?” To be honest, getting whatever you wish for at any given moment does sound pleasurable. But stepping back, have you ever observed your bank balance …
Although money can be one of the most useful tools in our lives, many of us struggle with management. This is not always a result of a low income — more often, it is because of underlying issues that restrict us. Financial self-sabotage is not always so apparent. It may self-disguise as emotional spending, procrastination …
Every one of us encounters risks and challenges in life, whether it’s with money, career, relationships, or setting personal objectives. However, different people have different ways of approaching risk. For example, thrill-seekers are those who feel comfortable taking big risks and bearing big potential rewards. Others approach risk with great caution, weighing every option meticulously …