Thinking About Money (as reported by Claudia Hammond on www.qz.com)

This may seem obvious, but how we think about money impacts how we spend it. A classic thought experiment repeated many times over proves the theory that as human beings, we mentally separate money into different “accounts” by what we intend to use it for. And the way we do this makes it more or… Read More

SPENDING IN RETIREMENT (AS REPORTED BY ALLISON SCHRAGER ON WWW.QZ.COM)

The most common bit of personal financial advice you are likely to get throughout your working life is make sure you are saving for retirement. But Allison Schrager, writing for Quartz, suggests that that might be the easy part. We also have to plan for how we will spend the money we do save. In… Read More

BUDGETING FOR LIVING ON YOUR OWN (AS REPORTED BY BLOG.MINT.COM)

At some point in our lives, many Americans end up living on their own. Whether this is a temporary situation or a part of the plan, it is important to know how budgeting on your own can be different than budgeting for an entire household. For those in charge of all the household’s finances for… Read More