Personal Finance – Page 2

Reflections: Chasing Success, Tracking, and the Power of Vision

Let’s talk about Success. “The Strangest Secret” by Earl Nightingale is discussed, emphasizing the power of our thoughts in achieving success. Tracking habits and creating a vision board are also recommended.

Overcoming the Human Factor: Tips for Saving for Tomorrow

Kevin Mitnick’s “The Art of Deception” emphasizes how a single human error can compromise even the most sophisticated security system. Economists like Shlomo Benartzi highlight inherent biases in financial decision-making. Strategies to overcome these biases include automating savings, using visual cues, gamifying savings, budgeting, curbing impulse purchases, and eliminating debt.

Balance

Happy Financial Fitness Friday Fam! Just like a balanced meal plan, a balanced budget can help keep you on track toward your goals. Budgeting, like dieting, involves careful consideration of what you need versus what you want. It calls for prioritizing what is important and finding balance. It helps ensure that you’re spending wisely, savingContinue reading “Balance”