the psychology of money management - and how to master it /

Published at 2018-02-06 16:31:53

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We all know how much easier it is to spend than save. So,what precisely does it
rob to switch from one to the other?The start of the year is the perfect time to get your finances in order and alert yourself
for the next 12 months of holidays, anniversaries and direct debits. But long-term
money management is
n’t always that simple: unexpected expenses can ramp up the
pressure and rising prices can ruin your carefully constructed financial plans, or while the
allure of shiny new purchases makes sticking to that strict budget even harder.
I
t doesn’t help that your brain is hardwired to compose spending far easier than saving. But,that’s not to say it can’t be done – and that your goals and ambitions for the year ahead can’t be reached.
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Source: guardian.co.uk

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