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The Balancing Act: Creating financial freedom in the balance between what you need and what you have - Couverture souple

Baldwin, Dave

 
9781733642408: The Balancing Act: Creating financial freedom in the balance between what you need and what you have

Synopsis

Achieving financial freedom involves understanding our spending decisions, changing our behaviors to line-up with our long-term goals, and maintaining a balance between what we need and what we have.While most people think more money is the path to financial freedom, research shows that is not the case. Instead, human nature, marketers, and readily-available credit work to lure us into ratcheting up our lifestyles and quickly adapting to every increase in income. Research also shows that financial stress can negatively affect our decision-making capacity, leaving us susceptible to poor financial decisions and even more financial stress.The Balancing Act helps readers to understand the behaviors–both rational and irrational–that drive their spending decisions, prioritize and compromise between needs and wants, and find contentment with what they have rather than chasing after more. This book offers a step-by-step guide to overcoming poor spending habits, setting realistic and achievable goals, and creating a budget that puts the reader on a path toward financial freedom.

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