#spending-habits

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#personal-finance
from24/7 Wall St.
3 weeks ago
Retirement

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

Many people overestimate retirement needs, often working longer than necessary.
Retirement spending varies greatly among individuals, necessitating personalized planning.
from24/7 Wall St.
3 months ago
Business

New Year, New Money Mistakes? The Biggest Financial Pitfalls to Avoid in 2025

Embrace 2025 as a year to reassess and avoid common financial mistakes like neglecting emergency savings and overspending on resolutions.
from24/7 Wall St.
4 weeks ago
Retirement

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

A $6 million nest egg is insufficient for the OP's $550K annual spending without additional income.
from24/7 Wall St.
3 months ago
Miscellaneous

Why do people use credit cards that earn miles instead of credit cards that earn straight 2% cash back?

Choosing the right credit card depends heavily on personal spending habits and lifestyle; there's no one-size-fits-all solution.
from24/7 Wall St.
1 month ago
Retirement

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

High spending of $170,000 annually prompts a Redditor to seek advice from the community on cutting back expenses.
from24/7 Wall St.
3 weeks ago
Retirement

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

Many people overestimate retirement needs, often working longer than necessary.
Retirement spending varies greatly among individuals, necessitating personalized planning.
from24/7 Wall St.
3 months ago
Business

New Year, New Money Mistakes? The Biggest Financial Pitfalls to Avoid in 2025

Embrace 2025 as a year to reassess and avoid common financial mistakes like neglecting emergency savings and overspending on resolutions.
from24/7 Wall St.
4 weeks ago
Retirement

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

A $6 million nest egg is insufficient for the OP's $550K annual spending without additional income.
from24/7 Wall St.
3 months ago
Miscellaneous

Why do people use credit cards that earn miles instead of credit cards that earn straight 2% cash back?

Choosing the right credit card depends heavily on personal spending habits and lifestyle; there's no one-size-fits-all solution.
from24/7 Wall St.
1 month ago
Retirement

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

High spending of $170,000 annually prompts a Redditor to seek advice from the community on cutting back expenses.
more#personal-finance
#consumer-behavior
Digital life
fromwww.mercurynews.com
7 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.
fromBusiness Insider
2 months ago
Miscellaneous

Cash is king for Gen Z over installment payment services like BNPL

Gen Z is reassessing spending habits amidst financial challenges, shunning BNPL despite its convenience.
A survey indicates a cautious stance towards Buy Now Pay Later services among younger consumers.
fromPsychology Today
3 weeks ago
Fashion & style

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.
Digital life
fromwww.mercurynews.com
7 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.
fromBusiness Insider
2 months ago
Miscellaneous

Cash is king for Gen Z over installment payment services like BNPL

Gen Z is reassessing spending habits amidst financial challenges, shunning BNPL despite its convenience.
A survey indicates a cautious stance towards Buy Now Pay Later services among younger consumers.
fromPsychology Today
3 weeks ago
Fashion & style

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.
more#consumer-behavior
#debt-management
from24/7 Wall St.
1 month ago
Mental health

There Is Nothing Wrong With Credit Cards - You're Just Using Them Wrong

Use credit cards responsibly to avoid financial pitfalls.
Paying off your balance monthly is crucial to maintaining good credit.
Correct myths about credit cards to make informed decisions.
from24/7 Wall St.
3 months ago
Digital life

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

January is an optimal time to start a financial detox to improve control over your financial health.
fromFast Company
8 months ago
Business

How to combat lifestyle creep with a financial fast

Lifestyle creep leads to increased spending and financial stress, which can be addressed through a financial fast.
from24/7 Wall St.
2 months ago
Miscellaneous

We're in our mid-30's were making over $1 million annually but my partner just lost her job

Consider cutting spending despite a hefty income to achieve financial independence sooner amid uncertain economic conditions.
from24/7 Wall St.
5 months ago
Miscellaneous

Suze Orman says a budget is a dumb idea to try and save money - and to do this first instead

Understand your income and spending habits before creating a budget for effective financial management.
from24/7 Wall St.
1 month ago
Mental health

There Is Nothing Wrong With Credit Cards - You're Just Using Them Wrong

Use credit cards responsibly to avoid financial pitfalls.
Paying off your balance monthly is crucial to maintaining good credit.
Correct myths about credit cards to make informed decisions.
from24/7 Wall St.
3 months ago
Digital life

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

January is an optimal time to start a financial detox to improve control over your financial health.
fromFast Company
8 months ago
Business

How to combat lifestyle creep with a financial fast

Lifestyle creep leads to increased spending and financial stress, which can be addressed through a financial fast.
from24/7 Wall St.
2 months ago
Miscellaneous

We're in our mid-30's were making over $1 million annually but my partner just lost her job

Consider cutting spending despite a hefty income to achieve financial independence sooner amid uncertain economic conditions.
from24/7 Wall St.
5 months ago
Miscellaneous

Suze Orman says a budget is a dumb idea to try and save money - and to do this first instead

Understand your income and spending habits before creating a budget for effective financial management.
more#debt-management
#financial-anxiety
Retirement
from24/7 Wall St.
1 month 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.
from24/7 Wall St.
3 months ago
Business

I'm in my 30s and I've got a $5 million net worth and I get stressed when I spend $100. How can I change my mindset?

Financial anxiety may require professional help, such as a therapist or financial advisor.
Understanding the difference between net worth and liquid cash is crucial for financial well-being.
Achieving a high net worth at a young age can create spending anxiety.
Retirement
from24/7 Wall St.
1 month 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.
from24/7 Wall St.
3 months ago
Business

I'm in my 30s and I've got a $5 million net worth and I get stressed when I spend $100. How can I change my mindset?

Financial anxiety may require professional help, such as a therapist or financial advisor.
Understanding the difference between net worth and liquid cash is crucial for financial well-being.
Achieving a high net worth at a young age can create spending anxiety.
more#financial-anxiety
#finance
fromIndependent
2 months ago
Miscellaneous

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.
2 months ago
Miscellaneous

How Do I Tell My Friends That Even Though I Have a Lot of Money, I Don't Want to Spend a Lot of Money?

Discussing finances among friends can lead to unhealthy comparisons and peer pressure to spend.
fromLondon Business News | Londonlovesbusiness.com
3 months ago
Miscellaneous

Half of Brits are budgeting and setting good habits for 2025, new HSBC UK survey reveals - London Business News | Londonlovesbusiness.com

UK adults are emphasizing budgeting and financial management, yet many still struggle to save regularly.
fromIndependent
2 months ago
Miscellaneous

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.
2 months ago
Miscellaneous

How Do I Tell My Friends That Even Though I Have a Lot of Money, I Don't Want to Spend a Lot of Money?

Discussing finances among friends can lead to unhealthy comparisons and peer pressure to spend.
fromLondon Business News | Londonlovesbusiness.com
3 months ago
Miscellaneous

Half of Brits are budgeting and setting good habits for 2025, new HSBC UK survey reveals - London Business News | Londonlovesbusiness.com

UK adults are emphasizing budgeting and financial management, yet many still struggle to save regularly.
more#finance
from24/7 Wall St.
2 months ago
Miscellaneous

We're in our mid 40s and have been retired for a decade - why do we still feel guilty when we spend money?

The Reddit user needs to change his mindset to enjoy his wealth rather than feel guilty about spending.
Transforming a frugal mindset requires time and possibly professional guidance.
fromHarvard Business Review
2 months ago
Business

Research: What Explains the "Vibecession"?

Americans are expressing pessimism about the economy despite strong indicators, primarily due to increased effort and widening income gaps.
from24/7 Wall St.
3 months ago
Miscellaneous

Discover How to Save Hundreds Each Year with Smart Cash Back Strategies

Maximizing cash-back rewards is achievable through strategic card selection and diligent spending habits.
#early-retirement
from24/7 Wall St.
4 months ago
Miscellaneous

We're a family of four spending $360k annually but make over $1 million - are we overspending?

High-income earners may still find themselves struggling to save despite what seems like manageable spending.
from24/7 Wall St.
5 months ago
Business

I have a small family and just a little less than $1 million saved - how do I determine how much I'll need to finally retire?

Balancing high spending with early retirement goals is challenging.
A disciplined financial approach is key to achieving early retirement.
from24/7 Wall St.
4 months ago
Miscellaneous

We're a family of four spending $360k annually but make over $1 million - are we overspending?

High-income earners may still find themselves struggling to save despite what seems like manageable spending.
from24/7 Wall St.
5 months ago
Business

I have a small family and just a little less than $1 million saved - how do I determine how much I'll need to finally retire?

Balancing high spending with early retirement goals is challenging.
A disciplined financial approach is key to achieving early retirement.
more#early-retirement
fromBuzzFeed
4 months ago
Miscellaneous

I Have Three Cats (And Wayyy Too Much Stuff For Them), But These 20 Products Are A Must Have

Cat owners often indulge their pets with numerous purchases.
A large portion of spending by pet parents is on their pets.
fromBuzzFeed
5 months ago
Miscellaneous

Non-Rich People Are Revealing Their Encounters With "Old Money" Vs. "New Money," And It's Wild

New money holders view wealth as an end goal, while old money holders see it as a means to achieve broader success.
fromFortune
6 months ago
Business

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.
NYC food
fromNew York Post
7 months ago

Exclusive | Booze till you're broke: Over 75% of New Yorkers admit to 'financial hangovers'

New Yorkers experience significant financial hangovers, with 77% admitting to excessive spending on nights out.
fromBusiness Insider
7 months ago
Startup companies

I realized my spending was out of control and started a 'no-spend era.' Since June, I've saved over $5,000.

Stephanie Noble's no-spending journey transformed her relationship with money, saving over $5,000 and restoring her time and self-worth.
Marketing
fromBusiness Insider
7 months ago

Gen Z men and women spend their money and free time very differently

Gen Z exhibits distinct leisure and spending habits influenced by gender, with women favoring community-oriented activities and men gravitating towards competitive tech-driven experiences.
fromFast Company
11 months ago
Business

Is your tax refund 'fun money'? Here's how experts say you should spend it

Taxpayers receive average $2,852 refund, often seen as splurge money, should be used to advance financial goals like debt repayment and savings.
fromFast Company
11 months ago
Marketing

Don't look now but Gen Alpha already has billions in spending power-and they want Nike and Starbucks

Gen Alpha kids exhibit strong financial assertiveness and spending habits, driven by factors like easy digital transactions.
fromwww.independent.co.uk
11 months ago
UK news

Mapped: The UK cities where people are most likely to stay in since Covid

Residents in Plymouth spend less on nights out compared to other UK cities.
Belfast and Manchester are the top party capitals in the UK, leading in frequency of going out and money spent.
The average UK night out costs 67 pounds with alcohol being the major expense, but people are spending less compared to previous years.
fromwww.mercurynews.com
9 months ago
Writing

Harriette Cole: I make more than my fiance, and his mother humiliated me with a prenup demand

Starting marriage with honesty is crucial for open communication about finances and family dynamics.
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