"The word "audit" might not sound all that fun. But just like an accountant, it's helpful to approach your money behavior as neutral and impersonal as possible."
""At the end of every year, people tend to jump straight into resolutions: cutting spending, tightening budgets, and promising themselves they'll 'finally get disciplined' in the new year," Jack Howard, Head of Money Wellness at Ally Bank, told Fast Company. "But I think the most meaningful financial reset starts somewhere much quieter: with your emotions. One of the most overlooked parts of financial wellness is understanding the emotional habits behind our money choices.""
"It's not about creating a strict budget; it's taking stock of the emotional habits behind your spending. When you understand what's working (or not), you can make more intentional choices about what to amplify, adjust, or leave in 2025."
An end-of-year money audit focuses on emotional habits behind spending rather than strict budgeting. Approach money behavior neutrally and impersonally, similar to an accountant. Many people default to New Year's resolutions that emphasize cutting spending and tightening budgets, but beginning with emotional awareness can produce a more meaningful financial reset. Identifying which emotional habits support or undermine financial goals enables deliberate decisions about what to amplify, adjust, or abandon in the coming year. Conducting an emotional money audit in December can increase financial confidence and inform planning for the upcoming year.
Read at Fast Company
Unable to calculate read time
Collection
[
|
...
]