You do the absolute best you can for your kids. You work hard to support them, and a significant chunk of the household budget is dedicated not just to their needs but countless other things that may give them a boost in life. And yet, there are times when your kids tell you that somehow, it's not enough. That they're missing out (and it's your fault). They don't have as much as their friends; they don't get to do as much as the neighbors.
Read MoreOne of the trickiest biases to navigate when it comes to managing your finances is known as complexity bias, or the human tendency to “give undue credence to complex concepts.” In other words, we’re more attracted to complicated products and solutions…even when the simpler approach would serve us better.
Read MoreIt’s not just the money you make that determines how wealthy you are. Your mindset around the money you earn, use, and keep plays a huge role in how successful you are at using that money well, and feeling satisfied both with your finances and your life as a whole.
Read More