New-poor or bad financial behavior

In an article in a Icelandic national newspaper readers are introduced to „new-poor“ individuals. The author of the article described the main reason for being new-poor to be costly education, poorly paid jobs and high cost of daily life due to many children, high food prices, and high rental and housing prices. This new concept…

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Why you need financial therapy

Financial problems are behavior problems. We are locked into behaviors and thoughts that have a negative impact on our finances. We let our emotions decide how we spend our money. The way out of this situation is changing our behavior. The foundation for good finances is gaining good self-control . Self-control is the ability to…

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