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...
by admin | Apr 16, 2023 | Common Cents
The collapse of Silicon Valley Bank (SVB) on March 10, 2023 was a major shock to the financial world. SVB was the largest bank failure in the United States since the 2008 financial crisis, and its failure had far-reaching consequences for the tech industry and beyond....
by admin | Apr 9, 2023 | Common Cents
An overlooked, but important, part of any retirement savings plan concerns the type of account you use. Investment accounts typically fall into one of three categories: Taxable, Tax Deferred, or Tax Free. This article will focus on the distinction between tax deferred...
by admin | Mar 23, 2023 | Common Cents
Retirement is just as much a leap of faith as any other significant life change. No matter how much you prepare, you will only really understand all the implications when you start your new life. That’s one reason we believe that the first requirement of a good...
