by Miranda | Financial Planning, General Finance, Money and Psychology
We’re always told that money should be something that is regarded without emotion. When we make decisions about money, we are supposed to be rational so that we don’t make poor choices. Unfortunately, money stirs strong emotions in us. It’s very...
by Miranda | Financial Literacy, Money and Psychology
What makes rich people tick? Do the wealthy really think differently from those of us who consider ourselves middle class? While it’s tempting to believe that all rich people are lucky, or know the right people, there might actually be some differences in the...
by Vanessa Santilli | Consumer Info, Economics, Financial Planning, Money and Psychology
As human beings, we too often don’t act in our own best interest–and it’s perfectly natural, says behavioural economist Dilip Soman. Speaking at the Financial Planning Standards Council’s Vision 2020 Symposium last month, Soman outlined the key...
by Miranda | Money and Psychology
One of the important concepts to understand when it comes to money is that of opportunity cost. When you make spending decisions, it’s a good idea to step back and consider the opportunity cost. What are you giving up in order to make that spending choice?...
by Kristen Kuchar | Making Money, Money and Psychology
Doing what you love and actually enjoying your career doesn’t have to be a far fetched dream. If you are devoted, make a plan, and put in a lot of effort, it can easily be a reality. Where to start Most of us don’t have the luxury of simply quitting our jobs to...
by Guest | General Finance, Money and Psychology
As a young buck from the tail end of Generation Y I’m just beginning to shed that aura of invincibility that seems to follow you around until your mid-twenties. This has been leading me to some uncomfortable insights and realizations. The latest revelation that I will...
