We’re not always honest with ourselves, especially when it comes to finances. My article on the biggest financial whoppers was shared on the Nasdaq blog, and the timing couldn’t be better. Financial resolutions are popular for the New Year, and 2016 can be the year you stick with honesty as the best policy. For starters, stop thinking that you have endless time to save for retirement—you don’t.
A lot of people also think their credit score isn’t that big of a deal. There’s also the persistent lie that the bank is the optimal place to keep your money (that often isn’t the case, except for your checking account). Also, don’t forget about two common perspectives that are harming you: The first is that you don’t make enough money (spoiler alert: nobody ever will) and YOLO (you may only live once, but that doesn’t mean you have to spend your money carelessly).
‘Tis the season for overspending and going into debt for most, but you don’t need to follow suit this year. Instead, read all the big financial lies and start living a life of fiscal honesty.
