Good Financial Reads: The Power of Habits and Mindset

2 min read
April 23, 2021

The power of habits and mindset

[PODCAST] 5 Ways to Build Good Financial Habits

by Eric Roberge, Beyond Your Hammock

What usually makes the difference between someone who seems to manage money well and someone who consistently struggles?

It’s all about our good financial habits (or lack thereof).

[Listen to the Podcast]

 

Financial Plan Commitment: Stick With Your Plan

by Robert Stroll, Financial Design Studio, Inc.

Financial Plan commitment or sticking with your plan can certainly be one of the hardest parts about investing your money because of the need to control your emotions.  Greed and fear can begin to take over and make the best investor out there make some investment mistakes they regret later.  Now, we are in an election year and there is a lot of emotion around that. In addition to the fact that we are in a social media age as well.  All these emotions get amplified.

[Watch the Video

 

7 Irrational Money Behaviors — and How to Combat Them

by Dan Andrews, Financial Planning Fort Collins

A New Year unfolds and people are making New Year’s resolutions. A common one involves improving money habits. Personal finances can cause a lot of stress, and people often commit to alleviating that stress when a new calendar year approaches. Yet, changing your behavior is challenging, especially when you’re winging it.

[Read the Full Article

 

Wealth Management Is an Infinite Game. Are You a Good Player?

by Eric Roberge, Beyond Your Hammock

Despite the recent popularity of people playing day trader, trading stocks using gamified apps designed to hook your attention and keep you engaged is a risky proposition.

Playing on trading apps is a great way to gamble while casinos operate in limited capacity due to the ongoing coronavirus pandemic, but it’s a poor strategy for reliably building wealth.

[Read the Full Article]

 

Build Unstoppable Momentum With a "Life Rhythm"

by Britton Gregory, Seaborn Financial, LLC

New Year's has come, and New Year's has gone; how are your resolutions coming along?

Confession: I am not, in fact, blessed with a long attention span. This is not conducive to success...but it turns out to be a blessing in disguise. Why? Because it's forced me to wire and re-wire my life in order to work around the fact that my mind is not naturally organized, implementing systems and frameworks in order to help me accomplish what I set out to do. And with those systems and frameworks, I can go much further than I could without them, even if I were naturally gifted!

[Read the Full Article]


Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.