Are you a victim of behavioral finance? Find out more from the Beacon Learning Center
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Articles that help you determine whether you're a victim of behavioral finance.
1. 6 Actions to Take If You are Living Paycheck to Paycheck
It is estimated that four out of five Americans are currently living "paycheck to paycheck." If you find yourself in this scenario, you probably feel stressed and overwhelmed. It is time to take control of your financial situation.
2. Are You an Emotional Spender?
After a bad day, it can feel good to go out and treat yourself. Though this can be beneficial when done in moderation, there are times when many of us end up relying on these purchases to brighten our moods. To help you better understand what this type of behavior is, we've answered some of the most important questions one might have about emotional spending.
3. Is Social Media Influencing Your Spending Habits?
You might have heard that spending too much time on social media can affect your mental health, but have you considered how it affects your financial health?
4. Are You a Financial Enabler?
If you're trying to figure out whether you've crossed the line from helping out a loved one to enabling, we've come up with some broad outlines to help you better assess your personal situation.
5. How to Resist Financial Peer Pressure
When your friends are pressuring you to spend more than you think you ought to, it can be extremely difficult to say no. We'll look at a few strategies to help you artfully say "no, thanks."