"This book has helped me every day. I have read and re-read parts of the book to boost my spirits and my strength to move forward." -Linda
Read More Testimonials»

On the Finances Blog

Bankruptcy: The Power of the Clean Slate

It doesn’t take many clicks online to find writing and advice on how to shape up your finances, even First30Days has a great financial advice section found here. There are...

Read More About Bankruptcy: The Power of the Clean Slate»

Our Having More Money Experts

Douglas Andrew

Douglas Andrew

Owner and President of Paramount Financial Services, Inc.

Shared by First30Days View Profile»
Barbara Corcoran

Barbara Corcoran

Founder of The Corcoran Group and real estate contributor...

Shared by First30Days View Profile»
Lee Brower

Lee Brower

Wealth trainer, consultant and author

Shared by First30Days View Profile»

Meet all of our Finances Experts»

News

The latest news on this change — carefully culled from the world wide web by our change agents. They do the surfing, so you don't have to!

Breaking Money News

Breaking Money News

A recent study conducted at Stanford Graduate School of Business has shown that shopping could lead to...wait for it...more shopping. Who knew?

The study aimed to show the psychology of spending money, which is that most people weigh the pros and cons of making a purchase on a single item. Once they decide to purchase the item; however, every other item gets considered less and less. The study also shows that those who pick up impulse items on the way into the store are more likely to purchase other items,
particularly ones they don't need.

Now, we all know the best way to have more money is to stop spending it, right? So now that we're armed with the knowledge of how spending gets out of control, it should be easier to avoid these pitfalls. But, realistically, it's a habit long ingrained and not something that's likely to go away overnight. Whenever you go shopping, make a list. If you're in the mood to browse, do it from outside and look at the displays in the window. Walking in takes more effort and will really make you think about your decision as opposed to already being inside where the decision to buy has practically been made for you.

The moral of the story: If you want more money, you have to spend less and save more! What tricks do you use to curb your spending? [MSN.com]

Posted: 5/20/08