Many people set out with good intentions in the new year eat out less, quit those pesky impulse purchases, and finally build up a good savings fund. Of course, all of these goals can be easier said.
No matter how much money you make, one thing remains the same for everyone: the need for financial planning. Coming up with resolutions for managing money this year is always a good idea .
Many of us resolve to be more frugal in the new year, setting up goals to live more modestly. But no matter how good our intentions are, there are some money traps that can blind us to achieving what.
When many people envision the typical millionaire, they may picture a privileged individual, flying off to exotic locations on a whim, and likely coming from a long line of equally wealthy family.
If you're on TikTok, you're probably familiar with the popular trend of young people posting their extravagant trips with a catchy line like "I'll make the money back but I'll never be 20 scootering.