Facing Financial Fears
Are You Potentially Rich?
We Americans are a financially anxious lot. While much of that anxiety comes from living paycheck to paycheck, which the vast majority of Americans do, we're also anxious about our investments, balancing work and family, etc. Money is the number-one issue couples fight about, and spending is the number-one thing we hide from our spouses. (The number-one issue married couples cover up is how much they spend according to Ipsos-NPD! Husbands hide details on their purchases from their wives about as often as the women dupe the men in their lives.)
So if you're anxious about your spending, your investments, and balancing work with the rest of your life, what can you do to develop better spending, investing, and other financial habits to make the most of your money and your life? Tyson offers the following tips for developing the best money habits:
With a deliberate, conscious effort you can overcome your overspending and poor investment habits and better balance your life's demands. And the payoff is huge. Not only will you reap long-term financial benefits, you'll gain peace of mind and the satisfaction that comes from mastering money. And that's something you can't buy in any store.
Eric Tyson is one of the nation's best-selling personal finance book authors and has penned five national best sellers. His Personal Finance For Dummies (Wiley) won the Benjamin Franklin Award for the Best Business Book of the Year. He is also the author of Investing For Dummies, Fifth edition and co-author of Home Buying For Dummies, 4th Edition and Real Estate Investing For Dummies, 2nd Edition , among other titles. His educational background includes a bachelor's degree in economics from Yale and an MBA from the Stanford Graduate School of Business. Mind over Money: Your Path to Wealth and Happiness (CDS Books, 2006, ISBN: 1-59315-238-8, $21.95) is available at bookstores nationwide and all major online booksellers.
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