Behavioral Finance

Automatic Bill Payment Seems like a Good Idea, but What Are The Pros And Cons?

By Ted Jenkin, Contributor Fea Money Financial Literacy School. Photo Credit Unsplash The “out of sight, out of mind” philosophy is the preferred approach by some people when it comes to investing, based on the idea that you’re less likely to spend your money when you don’t have immediate access to it. It seems that “out of …

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Teach Them While They’re Young: How to Teach Your Kids the Value of Saving

By Rachel Lane, Contributor, Fea Money Financial Literacy School. Photo Credit Unsplash Money is one of the hardest things to talk about, especially with your kids. However, if you want to set your children up for financial success, it’s essential that you do talk about money. Taking the time to develop a habit of saving as a …

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Does “Fake it Till You Make It” Work In Finances? Could Your Confidence Be the Unknown Factor in Risk Assessment?

By Moriah Gaynor, Contributor, Fea Money Financial Literacy School. Photo Credit Istock Have you been burned by easily-avoidable blunders like accidentally signing up for a card with a crazy high interest rate, or inadvertently refinancing a loan that was better off untouched? When you take risks and lose, do you find yourself murmuring “I just don’t get …

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Financial Intimacy: Romance on a Budget-10 Cheap Date Night Ideas to Revive the Love

By Clari Melo, Contributor, Fea Money Financial Literacy School. Photo Credit Unsplash When you find the love of your life, life takes on different hues. It becomes completely different to what it had been earlier. Each day becomes an opportunity for meeting, conversing or sharing new experiences with that special someone in your life. The routine things …

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The Money Psychology: Minimalist Living and Sensible Spending

By Evan Gerdisch, Contributor, Fea Money Financial Literacy School. Photo Credit Unsplash The modern and oft-blogged view of minimalism appears to be at once very old and very new. The term itself was first widely applied to art and design trends in America during the 1960s and 1970s, but its guiding philosophies are much older. Certainly, the …

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