by admin | Jun 26, 2023 | Common Cents
In the fast-paced world of investing, it’s easy to get caught up in the excitement and frenzy of buying and selling stocks. However, sometimes the best strategy is to do nothing at all. This article explores the benefits of staying the course and resisting the...
by admin | Jun 11, 2023 | Common Cents
A wonderful point along the financial empowerment journey is realizing that, for the most part, money coming is greater than money going out. This is a phenomenal accomplishment that everyone should be very proud of. The point of sustained positive cash flow is mostly...
by admin | Jun 7, 2023 | Common Cents
At home we have two flower beds in our yard. The flower beds are special since our family built them together a few years ago. While waiting for carpool one morning, my 7 year old looked at the dozens of flower plants just starting to pop up across the garden bed and...
by admin | May 14, 2023 | Common Cents
The sunk cost fallacy is a cognitive bias that refers to the tendency for people to continue investing resources into a project, decision, or investment even when the costs outweigh the benefits. Essentially, the sunk cost fallacy is based on the idea that people tend...
by admin | Apr 30, 2023 | Common Cents
Financial avoidance is a psychological condition that affects individuals who avoid managing their finances, paying bills, or reviewing their bank accounts. This condition can have serious consequences on an individual’s financial health, as well as their mental...
