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4 Out of 10 Americans Admit Spending Too Much to Feel Successful or Impress Others

4 Out of 10 Americans Admit Spending Too Much to Feel Successful or Impress Others

LendingTree conducted a study, and out of the 1,600 surveyed, nearly 40 percent admitted overspending to impress others. The primary categories were clothes, shoes, or accessories. But if four out of ten admitted this, you know the number is much higher. That is a tough conclusion to admit to, even on a survey. The survey …

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What is Financial Therapy and How Can it Help Stop Money Fights?

Financial therapy is a relatively new field that combines the emotional support of a psychologist with the money mindset of a financial planner. Seeing a financial therapist can allow clients to begin to process their underlying feelings about money, while working out plans for retirement, savings, investments and other goals. Financial therapists (sometimes referred to …

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Americans Cruising Towards Financial Nightmare but Nobody Who Needs This Article Will Read It

I’ve been involved in helping people with money troubles since 1994. Over the years I’ve seen all sorts of different economic times. I’ve watched boom-bust cycles repeat over and over. And I’ve watched people make the same mistakes over and over. Watching a pattern unfold and being able to read the tea leaves is interesting …

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Researchers Again Prove Some Consumers Are Suckers for Status

A bunch of really smart people who can collect data and calculate cool looking math formulas have again told us why people are driven by unconscious motivations that lead them into debt. Debt is never the problem but the symptom of the underlying issues that caused the debt. Debt is the scat of previous money …

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Do You Want to Know Why You Are Absolutely Setup to Fail When Dealing With Your Debt?

As someone who has helped people with debt and money troubles since 1994 I’ve seen thousands and thousands of consumer situations when dealing with all sorts of debt. From mortgages, credit cards, car loans, bank loans, personal loans and students loans; I’ve seen it all. I’ve worked with people with gambling problems, shopping addiction, overspending, …

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3 Ways Cognitive Bias Causes You to Spend Money

As a Dollar Stretcher reader, you probably know how distractions can help the retailers to slip their hands in your pocket without you even realizing. But what you perhaps didn’t know is retailers deliberately utilize some sneaky techniques to create such distractions. These are much more subtle than any noise or attention grabbing posters and …

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Spend Money – Get Shocked

Here we are in the middle of 2016, and technology has never been at a greater height, nor has it ever been used in the manner it is being used for. To my mind the greatest use of technology these days is our mobile phones. They are little computers and do everything. Our mobiles make …

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The New American Dream Is A Better Reality

A new study of what “the American dream” means in 2015 has concluded… Americans have moved away from a belief system dominated by financial achievements and have moved toward a desire for a healthy mental and physical life. For financial experts like myself, that might seem like dour news. It’s not. I’m ecstatic about the …

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What Broadway Says About Money Through Show Tunes – Audio

Money, credit, and debt issues filter through our lives in so many ways. In this look at money through Broadway tunes, we get a closer look at what casual society has to say about being rich, poor, broke, happy, sad, and the morality of money. This program runs about an hour but it’s worth setting …

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