Here Are the States Whose Residents Are Really Best at Managing Their Money
As recently reported by CreditCards.com, the state whose residents are best at managing their money...
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After the gluttony of the holidays, it’s no surprise that the word “cleanse” is floating around everywhere. While my opinions on food cleanses are fodder for a different post, I’m more apt to try a spending cleanse after the spend-y days of December.
Going on a spending cleanse doesn’t mean you don’t get to buy anything, it just means you’re limiting financial outlays to the bare necessities. There’s a difference — buying is picking up the things you need, like groceries, transportation, paying bills, etc. Spending is a choice to purchase something you don’t really need at that exact moment.
The bottom line is that mindless spending is a habit. It’s not to say that I’ll never buy myself anything fun again, I’m just trying to reign in the stuff collecting and instead set that money aside for my bigger life goals.
If it feels weird to go out without any real money, that’s the point — it’s supposed to be a bit extreme, just like drinking juice for three days makes it feel like three months since you’ve last chewed anything. I’m going to try it — my December credit card bill had me raiding my savings (#realtalk) and I’m even thinking of going on a total ban on clothes shopping until spring, but in the meantime, I’ll be getting creative in the kitchen (GrubHub is going to miss me!) and letting those books sit in my Amazon cart for a bit longer.
I believe that the true meaning of financial security is the ability to make decisions without having to worry about money. There are both factual and psychological aspects of this belief and my mission is to help people find that intersection in their own lives according to their personal values and goals.
I hold the CPA/PFS license and am a CFP® professional, but I don’t sell any products or manage any money. When I’m not writing, I’m working one-on-one with people through my coaching business, Financial Bliss with Kelley Long. I’m also a member of the AICPA Consumer Advocate Council and am frequently quoted in the press on financial literacy issues facing Americans.
I love to apply my own money lessons to my writing as well as break down some of the more complicated financial planning techniques into plain English. My goal in life is for all people to feel able to make their own financial decisions with confidence, being fully aware of the pros and cons of the actions they take.
Disclaimer: The information in this article is not intended to encourage any lifestyle changes without careful consideration and consultation with a qualified professional. This article is for reference purposes only, is generic in nature, is not intended as individual advice and is not financial or legal advice.