11 Ways To Fatten Your Wallet With A Little Psychology

I never could have imagined how important managing emotion, cognitive biases and behavioral hurdles is to saving enough, spending wisely and managing financial risks. For about a year, I informally coached a woman (we’ll call her “Leigh”) in her late twenties who wanted to eliminate the $5,000 of expensive credit card debt she was rolling over each month, … Read more

Seven Good Reasons NOT to Save

You’re saving too much…said no financial expert ever. It’s America Saves Week, which is all about saving more. If you’re in your twenties, you’ll be told to save ten to 15 percent of your income.  Older? You’ll be advised to save 20-30 percent or more! At the same time, one-third of Americans have saved precisely … Read more