Category: Beliefs
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Homeownership Is Sold as the American Dream: Is Buying a House Worth It?
For many generations, buying a house was the ultimate American dream. Buying a house meant you had “made it.” Even with 30-year mortgage rates averaging about 14% in 1984, people were buying homes, and the typical house cost about 3.5 times the typical household’s annual income. The housing market has changed a lot in 40…
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Why Women Inherit Money Mindsets They Never Chose
Most people treat financial problems as a math problem. Save money, earn more, spend less, and budget using spreadsheets. If logic were enough, then stress and anxiety with managing finances would just disappear. The piece that is usually missing is your money mindset — the set of beliefs, emotional responses, and behavioral patterns you’ve formed…