Keeping Up with the Joneses
Lifestyle inflation can be the enemy of wealth building. What could happen if you invested instead of buying more stuff?
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Were you raised with the money taboo? Many people are taught from a young age not to speak openly and honestly about money, even with their loved ones. This might not seem like a big deal, but the money taboo has real consequences.
In recent years, a new personal finance concept has caught FIRE: Financial Independence, Retire Early.
Even the most seasoned investors have biases affecting their financial choices.