Personal Finance Reading – May 10

weekly readingIf you’re looking to reduce your debt and get your personal finances in shape, one of the first steps you need to take is to tackle the Leaky Wallet Syndrome.

The difficulty with holding onto money is that it only takes a single weakness to lose it entirely. By weakness I mean that something has caught your eye that is so desirable that you will buy it spite of the fact that you cannot afford it. Whatever this purchase or payment may be, it psychologically reaches your personal threshold where having something right now is more important than having something tomorrow. There is a trigger that sets aside your normal, balanced decision-making with instant gratification…



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