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CNBC: How To Change Your ‘someday’ Money Mentality

When it comes to your financial goals, is can be easy to fall into a “someday” mentality. Someday you’ll own a house, someday you’ll save more for retirement, and on and on. But putting off these goals until some far-off future not only limits your financial potential, it limits the potential for living a full life, too. Over 70% of people admit to procrastinating at least some of the time when it comes to their financial goals, according to a 2018 study from Fidelity. Everyone’s familiar with the vigor people feel around the New Year to create and stick to goals and resolutions. Research from Katherine Milkman, a professor at the Wharton School of the University of Pennsylvania, and her colleagues suggests that people can create this “fresh start” effect any time they choose Read more at CNBC