How to Make Better Money Decisions

By Rick Kahler via

Making sound money decisions is fundamental to financial and emotional wellness. One component of that decision-making is applying logic and rationality to a set of known facts.

For example, perhaps I read several articles on financial health. One says that living on less than I make is fundamental, another recommends saving at least 20% of my paycheck to retire with a comfortable income, and a third advocates paying off credit cards monthly. I am doing none of those things.

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