Investing Insights

Create a New Financial Plan for the New Year: Part 2


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In this two-part episode, Sarah Newcomb, director of financial psychology for Morningstar Inc, explains how to rethink budgeting, overcome overspending, and stop fighting about money.

 

Timestamps

00:04 Introduction

00:37 What kind of financial habits or histories do people tend to bring into their relationships?

02:30 How do couples mesh their financial lives without fighting about saving or spending?

04:36 Why do emotions rise when couples talk about money?

05:36 What should people pay attention to if they feel themselves getting upset about someone else’s financial habits?

06:57 What are steps couples can take to understand each other?

09:33 We’ve talked about rethinking budgeting, overcoming overspending, and how to avoid arguing over money. What’s your advice to our audience if they experience a setback or win?

 

 

Read about topics from this episode.  

Hate Budgeting? Try Rethinking It. 

Got the Urge to Splurge? 4 Steps to Overcome Your Overspending Habit 

How to Avoid Arguing Over Money By Sarah Newcomb

 

 

What to watch from Morningstar.

Top Retail Stocks on Sale This Holiday Season

Should You Buy Dividend Stocks in a Recession?

Retiring Soon? Make Sure to Check Your Asset Allocation

Cheap Stocks For You to Consider

 

Read what our team is writing:

Sarah Newcomb https://www.morningstar.com/authors/1951/sarah-newcomb

 

Follow us on social media.

Ivanna Hampton on Twitter: @IvannaHampton

Sarah Newcomb on Twitter: @finance_therapy

Facebook: https://www.facebook.com/MorningstarInc/

Twitter: https://twitter.com/MorningstarInc

Instagram: https://www.instagram.com/morningstar... 

LinkedIn: https://www.linkedin.com/company/5161/

 


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