If you’ve been thinking about raiding your retirement savings to finance an adventure, pay for a luxury item you’ve been wanting, or to be able to fund your life while you make a career change, you’re not alone. When you have an account that you’ve been contributing to for years which now has a sizeable […]
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Have you heard the expression ‘throwing good money after bad’? Well this idiom can also be applied to understanding sunk costs! Let me explain… have you ever spent money on an item or experience and later, had to pay more money towards the same original expense? This could be considered throwing the good money after […]
Are you doing it? Living within your means? What is it about the messages we get from society, that we think we should have every single thing we desire to purchase, right now, no matter the cost? The message that we should be getting is living within your means is the smart way to manage […]
