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Why Making Financial Changes During the Shortest Month Is the Easiest Thing To Do All Year


Why Making Financial Changes During the Shortest Month Is the Easiest Thing To Do All Year
GOBankingRates
2/5/2021
© gesrey / Getty Images/iStockphoto
Concept of the American dollar in 2021 on the calendar.
There’s no doubt that making financial changes is hard for many Americans. Whether it’s setting aside money for an emergency fund, boosting retirement plan contributions or simply making a budget that works, it can be hard to get all of your financial affairs in order. If you find yourself struggling to make the financial changes you know you should make, consider breaking them up into bite-sized pieces. If you set small goals for your finances, you’re more likely to meet them and gain the confidence to do more. As the shortest month, February is a great time to begin making small changes to your finances. Here are some small suggestions for financial changes that you can begin in February and then continue throughout the year. ....

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What Monopoly Teaches You About Real-Life Money


What Monopoly Teaches You About Real-Life Money
GOBankingRates
2/3/2021
© NoDerog / iStock.com
Monopoly
Monopoly first hit shelves in 1935, and since then, more than 275 million game sets have been sold, Time reported. Although the game is ostensibly about buying and selling Atlantic City real estate, there are a number of valuable money lessons you can learn from playing the ever-popular board game.
It’s Better To Invest Your Money Than To Stockpile Cash
“Although having an emergency fund is a great idea, there are important drawbacks to having too much cash,” said Andrew Latham, certified personal finance counselor and managing editor at SuperMoney.com. “It’s like Monopoly players who keep a tight grip on their initial $1,500, stash away every $200 they get for passing go, and never invest in properties or hotels. Sure, they may be cash-rich at the beginning, but they will never win the game. Of course, life isn’t a zero-sum game, so ....

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