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cover of episode Create a New Financial Plan for the New Year: Part 2

Create a New Financial Plan for the New Year: Part 2

2023/1/13
logo of podcast Investing Insights

Investing Insights

Shownotes Transcript

In this two-part episode, Sarah Newcomb, director of financial psychology for Morningstar Inc, explains how to rethink budgeting, overcome overspending, and stop fighting about money.

 

Timestamps

00:04 Introduction

00:37 What kind of financial habits or histories do people tend to bring into their relationships?

02:30 How do couples mesh their financial lives without fighting about saving or spending?

04:36 Why do emotions rise when couples talk about money?

05:36 What should people pay attention to if they feel themselves getting upset about someone else’s financial habits?

06:57 What are steps couples can take to understand each other?

09:33 We’ve talked about rethinking budgeting, overcoming overspending, and how to avoid arguing over money. What’s your advice to our audience if they experience a setback or win?

 

 

**Read about topics from this episode.  **

Hate Budgeting? Try Rethinking It. )

Got the Urge to Splurge? 4 Steps to Overcome Your Overspending Habit )

How to Avoid Arguing Over Money By Sarah Newcomb)

 

 

What to watch from Morningstar.

Top Retail Stocks on Sale This Holiday Season)

Should You Buy Dividend Stocks in a Recession?)

Retiring Soon? Make Sure to Check Your Asset Allocation)

Cheap Stocks For You to Consider)

 

Read what our team is writing:

Sarah Newcomb https://www.morningstar.com/authors/1951/sarah-newcomb)

 

Follow us on social media.

Ivanna Hampton on Twitter: @IvannaHampton

Sarah Newcomb on Twitter: @finance_therapy

Facebook: https://www.facebook.com/MorningstarInc/)

Twitter: https://twitter.com/MorningstarInc)

Instagram: https://www.instagram.com/morningstar)... 

LinkedIn: https://www.linkedin.com/company/5161/)