Psychology

The Psychology of Spending: Mindful Money Habits

Understanding the psychology of spending is crucial in today's consumer-driven society. On the surface, our consumption habits are about fulfilling needs or wants. However, delving deeper, we find that psychological factors significantly influence our spending habits. In personal finances, 'mindful money habits' indicate a financially conscious and thoughtful approach to spending and saving. To shift [...]

By |2024-07-05T14:00:23-04:00July 5th, 2024|Blog, Financial Planning, Psychology|

Make Your Money Work for Your Happiness, Not the Other Way Around

While some people idealize retirement as a time of leisure, many people often view retirement as a time of financial constraint and worry. For these reasons, you might think that your money and savings will dictate your happiness. But what if we changed the narrative? What if retirement was a time when your money worked [...]

By |2023-10-06T12:53:37-04:00October 6th, 2023|Blog, Financial Planning, Psychology|

Don’t Underestimate the Importance of Your Mindset Toward Your Finances

The concept of retirement planning is simple. Despite changes in the economy or in life itself, the concept of planning your retirement has remained unchanged. We work, save, retire, and repeat for generations over. But while the concept may be the same, the puzzle has begun to evolve. In other words, individuals and families currently [...]

By |2023-07-11T19:05:04-04:00February 20th, 2023|Financial Planning, Psychology|

3 Ways to Cope with the Retirement Blues

Settling down for retirement after many years of work can feel like a sigh of relief, a moment to catch your breath and slow down. However, this shift in lifestyle can also bring up feelings of sadness, anxiety, and loss of purpose. Studies show that a third of retirees develop symptoms of depression,[1] especially those who [...]

By |2023-07-11T19:23:32-04:00November 11th, 2022|Health & Wellness, Psychology|

It’s Time to Re-Frame the Way We Think About Aging

It’s common to hear people complain about getting older, but aging isn’t all bad. A positive attitude towards aging can go a long way towards finding happiness in retirement. There are plenty of things that get better with age, like a fine wine, so why not you too? Here are some wise words that can [...]

By |2022-03-25T15:46:37-04:00March 25th, 2022|Lifestyle, Psychology|

How to Get Through the “Disenchantment” Phase of Retirement

Everyone talks a lot about how to prepare for retirement financially, but often there is less focus on how to re-orient your life and mindset. Research shows that the way people feel about their retirements follows a u-shaped curve; first, people are quite positive, then not as much, and then are positive again. From the [...]

By |2022-03-10T19:46:05-05:00March 10th, 2022|Psychology, Retirement|

Will You Get Happier As You Age?

There’s no doubt that our culture often overlooks the benefits of aging. You may not have looked forward to getting older when you were younger, but now that you’re nearing retirement, you may have gained a different perspective. The fact is, many studies have found that happiness does increase with age.[1] There could be many [...]

By |2022-02-18T17:13:49-05:00February 18th, 2022|Psychology|

How to Change Your Habits

We've all heard the saying, "you can’t teach an old dog new tricks,” but is it true? Maybe it is for dogs, but not for people. You can always learn new habits, no matter what age you are. It starts with understanding how the brain works and building on success. You can go from seeing [...]

By |2021-11-26T16:57:15-05:00November 26th, 2021|Lifestyle, Psychology|