#spending-habits

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#personal-finance
Everyday cooking
fromNew York Post
3 months ago

This simple '1% rule' could save you hundreds of dollars - and curb your dangerous impulse spending

The 1% rule helps prevent impulse buys by encouraging a cooling-off period before making expensive purchases.
from24/7 Wall St.
3 months ago
Retirement

We have $6 million in liquid assets and my partner earns $500,000 - can we sustain our lavish lifestyle without me working?

Everyday cooking
fromNew York Post
3 months ago

This simple '1% rule' could save you hundreds of dollars - and curb your dangerous impulse spending

The 1% rule helps prevent impulse buys by encouraging a cooling-off period before making expensive purchases.
from24/7 Wall St.
3 months ago
Retirement

We have $6 million in liquid assets and my partner earns $500,000 - can we sustain our lavish lifestyle without me working?

fromFast Company
2 weeks ago

Welcome to the Anxiety Economy, where safety sells and streaming is optional

In moments of elevated economic uncertainty, the premium on security increases: investors seek safe assets, businesses prioritize safe investments, and families double down on peace of mind.
US politics
fromBusiness Insider
3 weeks ago

I'm a financial independence influencer. There are 3 questions everyone should ask before starting their FI journey.

'One of the biggest issues people have is that they are ashamed of their financial lives. They feel that they've made poor financial decisions and dread confronting these uncomfortable realities.'
Venture
#gen-z
Retirement
fromEntrepreneur
1 month ago

What Is 'Doom Spending' and Which Generation Falls for It? | Entrepreneur

Consumer prices have risen significantly since February 2020, leading many Americans to adopt restrictive spending habits.
Parenting
fromSlate Magazine
1 month ago

No Matter What I Do, I Can't Keep My Money Safe From My Worst Enemy

Understanding the psychological roots of spending habits is crucial for managing finances effectively.
fromBusiness Insider
2 months ago

My family was spending $2,500 on food delivery a month - that's $1,000 more than our mortgage. Something had to change.

However, we recently noticed that our spending had gotten extreme. At the beginning of the year, we were ordering dinner to be delivered several days a week.
Everyday cooking
from24/7 Wall St.
2 months ago

My Husband Claims He Wants to Retire Early But He's a Big Spender

Her husband expresses a desire for early retirement but also wants to spend lavishly on items like an expensive Mercedes, causing a rift in their financial plans.
Retirement
#financial-anxiety
from24/7 Wall St.
2 months ago
Retirement

5M Net Worth at 30-How to Overcome Spending Anxiety

The Reddit user struggles to spend his $5 million due to anxiety, hindering his ability to enjoy life.
Retirement
from24/7 Wall St.
4 months ago

I've Socked Away $3M For Retirement, 20 Years Ahead Of Schedule, But Still Can't Get Comfortable Spending

Fear of spending money stems from upbringing despite having substantial savings.
Retirement
from24/7 Wall St.
4 months ago

I've Socked Away $3M For Retirement, 20 Years Ahead Of Schedule, But Still Can't Get Comfortable Spending

Fear of spending money stems from upbringing despite having substantial savings.
Mindfulness
fromApartment Therapy
2 months ago

I Tried the "48" Rule to Curb My Spending - And Saved $550 in a Month

The 48-hour spending rule helps control impulsive purchases and promotes mindful spending.
Waiting before buying nonessential items can lead to better financial decisions.
Retirement
from24/7 Wall St.
2 months ago

Our net worth tops $5 million, but I still book the cheapest hotel room - how can I finally let go of my frugal habits?

Frugality is healthy, but excessive worry about spending money can indicate a deeper issue.
#credit-cards
Retirement
from24/7 Wall St.
3 months ago

How Buying Fresh Fruits and Quality Coffee Changed My Life - What Purchases Impacted You Most?

Simple purchases can have a significant positive impact on happiness, even for financially secure individuals.
Fashion & style
fromPsychology Today
3 months ago

The Cautionary Tale of Diderot (and How He Spent His Dough)

The Diderot Effect describes how one new purchase can lead to a series of subsequent purchases to maintain coherence in possessions.
from24/7 Wall St.
3 months ago

If Any Gen-Xer Is Using A Debit Card, They Should See How Much They Could Make By Switching

Gen-Xers should switch from debit to credit cards to maximize cash back rewards, potentially earning over $1,000 monthly.
Finding the best cash back card is crucial for Gen-Xers to capitalize on their spending habits.
from24/7 Wall St.
3 months ago

Watching My Parents' Retirement Spending Made Me Rethink My Own Early Retirement Number

Many people overestimate how much they will need to retire, often working longer than necessary, according to insights from a Reddit poster regarding his parents' frugal lifestyle.
Retirement
fromBusiness Insider
3 months ago

We splurged on extras and all-inclusive plans for our first trip to Disney World. It was a magical disaster.

"Going all-inclusive quickly turned us into theme-park economists...Suddenly, we weren't just skipping the money bickering - we were fully committed to extracting every ounce of value from our prepaid adventure."
Parenting
from24/7 Wall St.
4 months ago

Simple Cash Back Strategies Can Earn You Hundreds (Or More) Each Year

The right cash back credit card can earn you hundreds, or thousands of dollars a year for free. Our top pick pays up to 5% cash back.
OMG science
fromIndependent
4 months ago

Financial compatibility in relationships: how do spender/saver couples make it work?

Different spending habits don't have to break a relationship; instead, they can create balance and diverse perspectives if both partners engage in open, respectful communication.
Relationships
from24/7 Wall St.
4 months ago

I spent $185k this year because of family adventures - with college costs looming, am I trapped in a never-ending grind?

It's perfectly okay to splurge on meaningful family experiences; however, it's crucial to align such spending with your long-term financial goals.
Retirement
Fashion & style
fromWhoWhatWear
4 months ago

I Have an 800 Credit Score-3 Shopping Mistakes I Never Make

Balancing job requirements with personal finance is challenging, but prioritization and comparison can prevent overspending on fashion.
fromHackernoon
4 months ago

How Savers Can Protect Against the Damaging Impact of Lifestyle Creep | HackerNoon

Lifestyle creep can lead to spending more and saving less despite increases in income.
from24/7 Wall St.
4 months ago

I spent $170,000 last year to fund my lifestyle - which areas should I optimize to reduce my expenses?

In total, approximately $63,000 is coming out for "housing & utilities," of which $25,000 is the annual mortgage cost and $12,000 is property taxes.
Retirement
#impulse-buying
fromwww.mercurynews.com
10 months ago
Digital life

Use these strategies to avoid impulse buying

Impulse buying can lead to financial regret and hinder long-term goals, especially under high inflation.
Implementing strategies like reflecting before purchases and creating a shopping list can curb impulse buying.
Digital life
fromwww.mercurynews.com
10 months ago

Use these strategies to avoid impulse buying

Impulse buying can lead to financial regret and hinder long-term goals, especially under high inflation.
Implementing strategies like reflecting before purchases and creating a shopping list can curb impulse buying.
fromBustle
5 months ago

Your Bank Account's Tarot Reading For Tuesday, February 25

The Strength card encourages mindful spending and reflection on financial choices.
fromIndependent
5 months ago

Michael Houghton: 'How did I get my wife on board with extreme budgeting? I showed her how financial freedom creates time freedom'

Couples must communicate about saving priorities, especially when one partner desires to save more than the other.
from24/7 Wall St.
6 months ago

The Financial Detox You Need This January to Start the Year Right

Gaining control of your finances is one of the most important things you can do to improve yourself, and performing a financial detox in January is an excellent time to start. Reviewing all of your sources of income and expenses is just the first step in what should become a lifelong process.
Digital life
Business
fromFortune
9 months ago

Millennials 'scarred from the Great Recession and COVID' are financially outperforming Gen Xers and boomers at the same age

Millennials are financially better off than Gen X and boomers, with higher net worth and asset ownership due to lessons learned from past economic challenges.
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