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Your Brain Tricks You into Spending More
Our brains categorize money in ways that hurt our wallets, like seeing a tax refund as "free money" to splurge on. Understanding these mental quirks, like mental accounting and framing effects, is key to making smarter financial decisions.
The ABCs of Budgeting: Guide to Financial Freedom
Setting goals is crucial. Auto-paying bills? A simple move dodges late fees, keeping payments timely. Enter AbbyBank's Personal Financial Management tool—budget by categories, alerts if you're about to overspend. A starting point, yes, but what a powerful one! Sometimes, a budget change with life's twists is not just good—it's necessary.