By John Waggoner
For investors, fall is the season of lushly painted leaves, golden morning light and hideous, soul-searing panics in the stock market.
This fall is shaping up to be no different: Looming military action in Syria, another fight about the debt limit, and hordes of the gibbering undead will all make this autumn peculiarly dangerous.
By John Waggoner
Our subconscious often stands in the way of our conscious efforts to save for college, prepare for the future, or spend what we’ve saved once we retire.
Some psychologists and financial planners believe these roadblocks are rooted in an individual’s “money script” – the story about money that we’ve told ourselves repeatedly since childhood. They’re [...]
By Chris Taylor
In the world of dating, there is one common assumption: That a fancy car, a pricey dress, and a willingness to splurge are all things that will help you impress and snare your ideal partner.
“You would think that spending would be more attractive, because things like flashy watches or purses are so visible,” [...]
I’ve teamed up with Farnoosh Torabi, personal finance expert, author & TV host, to do a study on money and relationships.
Participants earn the chance to win one of several $100 AmEx gift cards.
Take the Survey
By Howard Rothman
NEW YORK (MainStreet)—In the pilot episode of HBO’s “Girls,” 20-something protagonist Hannah Horvath is out to dinner with her parents when they hit her with the bad news. Since graduating from college two years earlier, Hannah has been toiling as an unpaid intern in Manhattan while trying to make it as a writer. [...]
By Pamela Yip
What’s your “money script?” Everyone has one. But not everyone knows what it is. Money scripts are your unconscious core beliefs about money. They’re typically developed in childhood and drive your financial behavior throughout life.
“When considering your approach to money and trying to determine if the way you are handling money is the [...]
$3.50 for a café au lait: Affordable. $8 for a tuna melt: Too much. 99 cents for an app: Unnecessary. $600 for an iPad: Essential! How exactly do we decide what’s a necessity and what’s a luxury? Real Simple investigates.
By Amanda Fortini
Last January, at a department-store outlet, I purchased a pastel-flecked sweater, gray corduroy jeans, [...]
By Christina Nelson
If you were a financial adviser in 2008, odds are, you experienced post-traumatic stress following the market collapse and succeeding crisis.
According to a paper by Bradley Klontz and Sonya Britt of Kansas State University, 93% of the 56 planners they surveyed bore psychological symptoms consistent with medium to high levels of post-traumatic stress, [...]
Brian J. O’Connor
When faced with big decisions, people like to go with their guts. That’s reasonable because, when you face a fork in life’s road, it’s wise to bring your colon and small intestine.
My guts usually say, “Send more Cheetos,” but when confronted with a demanding task, I “work my guts out.” When it’s time [...]
Financial success is a little bit like fitness — we all know what we should be doing, but for a lot of us, ramping up our retirement savings and jumping on the treadmill are two things that just don’t happen. Even though making the rational decision to save or exercise is [...]