Joomla! site syndication http://www.moneystudies.com Mon, 21 May 2012 04:45:32 +0100 FeedCreator 1.7.2 http://www.moneystudies.com/images/M_images/joomla_rss.png http://www.moneystudies.com Joomla! site syndication http://www.moneystudies.com/content/view/13/28/ Most of us define financial security as the key to a more organized life and secure future. However, for most of us, this is only part of the picture. Feeling comfortable about handling money is a big part of financial security, too. In our clinical and educational work we've looked closely at money literacy and people's motivation to spend, save, and invest. We observed the uneven quality of people's relationship with money and the discomfort people can feel when handling their finances. Most of us bring money habits and anxieties into partnerships and marriages. Unchecked control issues can reach loved ones, often with unintended consequences, and sometimes even well beyond our graves. Beliefs about money can vary broadly too, from the notion that accumulating money is evil, to the inability to feel financially secure no matter how faithfully one saves and invests for the future. The good news is that we have begun to examine people's often-taboo relationship with money. We're learning that when people are willing to ask tough questions of themselves, they can increase their financial literacy and comfort levels in handling money matters. They become better partners, parents, employers, and employees. They become more savvy consumers, too. Articles - Money 101 Tue, 20 Mar 2007 21:59:46 +0100 http://www.moneystudies.com/content/view/51/28/ Managing your finances is much trickier when another person is involved. When you get married, you must anticipate your partner's money moves, which may be different from your own. Before you consider tying the knot, come to an understanding with your intended about your values and goals: where they are the same, and where they differ. Getting married is a big transition no matter what your stage of life or whether you've been previously married. You already have to deal with the emotional turmoil of merging homesteads and lifestyles and saying good-bye to old habits and possessions while adjusting to new ones. One way to smooth the transition is to work out your financial plan beforehand so that you can start your new life together as sparkling as that first champagne toast. Articles - Money 101 Wed, 28 Nov 2007 15:14:48 +0100 http://www.moneystudies.com/content/view/48/28/ Remember that credit is money. Benjamin Franklin When it comes to credit, that old phrase “there’s no such thing as a free lunch” couldn’t be truer. Credit is not free. No doubt about it, credit is a valuable resource—good credit is necessary to buy a new home, finance a business venture, or fund higher education. However, abused or over-used, credit can threaten your financial security before you know it. Learning the basics of getting and keeping good credit will help you avoid the potential dangers while you build a strong financial foundation.From frills to necessities, the uses of credit are virtually limitless, and there lies the all-too-inviting trap. The friendly smile of the salesclerk as she sweetly asks, “Cash or credit?” and the ease with which we answer by whipping out a credit card, may be inuring us to the true financial impact of that seemingly simple question. Articles - Money 101 Tue, 27 Nov 2007 18:58:22 +0100 http://www.moneystudies.com/content/view/47/2/ On Thursday, May 24th, 2007, Lois Vitt fielded questions about You and Your Money during a live online chat session held on the Toronto Globe and Mail website. A copy of the session follows. News - Latest Fri, 25 May 2007 00:13:29 +0100 http://www.moneystudies.com/content/view/43/2/ A recent Arts and Weekend Section of the Financial Times featured an in depth look at how personal values effect housing decisions. A key resource quoted in the article was Lois Vitt, founder of MoneyStudies and author of the book 10 Secrets to Successful Home Buying and Selling which focuses on this issue. The full text of the article and a link to the Financial Times article page follow. News - Latest Mon, 30 Apr 2007 02:05:47 +0100