Save Money
MONEY HACKS: Is FOMO Impacting Your Savings?
Over the last several years, a new “condition” called FOMO, or the ‘fear of missing out,’ has struck people across the globe, young and old. The idea: we are afraid of missing out on an experience – something cool! So, instead of being prudent – we just do it, which often means spending instead of saving. For example, let’s say your friend invites you to a concert hundreds of miles away. While you really don’t have the money saved to take the trip, you do it anyway because you’re worried you’ll be left out. In this video, I talk about a recent article citing FOMO as a major disruption to our finances and my view on how you can resist overspending to enjoy more of your life. Also, here’s the initial article.
If you have a money question you’d like answered, don’t forget to email us! This series is made from calls and questions we get from employees, investors, savers, and people just planning for their future, so if you have a question, let us know!
Read the full article here
-
Personal Finance7 days ago
The No. 1 fatal error that will end your IRA
-
Personal Finance6 days ago
Today's mortgage rates remain unchanged for 15- and 30-year terms | June 28, 2024
-
Side Hustles6 days ago
Simplify Complex Problems with Microsoft Visio — Now Just $20
-
Passive Income5 days ago
Stop Overwhelming Your Online Customers With Information Overload. Hook Them In With This Approach Instead.
-
Side Hustles7 days ago
Disney Is Changing Its Genie-Plus Lightning Lane System
-
Passive Income7 days ago
Behind the Beans — 20 Incredible Dunkin’ Facts
-
Side Hustles6 days ago
Walgreens to Shutter a ‘Significant’ Number of Stores
-
Investing7 days ago
4 Tried-and-True Ways to Better Market Your Business