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Weekend Reading: 7 Beliefs About Money

This article appears as part of Casey Weade's Weekend Reading for Retirees series. Every Friday, Casey highlights four hand-picked articles on trending retirement topics and delivers them straight to your email inbox. Get on the list here.
Weekend reading beliefs about money Weekend reading beliefs about money

Weekend Reading

Whether you find it to be a taboo topic or not, the concept of money is incredibly complex. Here, author Rubin Miller highlights his duality as a financial professional and a regular person grappling with everyday money decisions.

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Throughout his experiences, he’s accumulated seven personal money matras. Five include:

📌 Appreciate untouched investments: Embrace the concept of compounding and portfolio design.

📌 Find enjoyment without spending: Learn to have fun without constantly buying things, as relying solely on spending leads to a never-ending cycle of consumption.

📌 Understand your investment outcomes: Even if you're not an expert, it's essential to grasp what drives your investment results to make informed decisions.

📌 Establish an ASWI (Ain’t Stinking Worth It) number: Determine a threshold for purchases that you won't spend time thinking about to avoid unnecessary stress.

📌 Show yourself grace: Don't dwell on past financial mistakes; instead, focus on improving your situation and embracing financial planning for a less stressful life.

Your money is best leveraged in ways that are purposeful and meaningful to you. There’s a delicate balance between financial responsibility and valuing time as an irreplaceable resource, but once you find it, fulfillment can flourish.