The purpose of Money Talk is to improve readers' financial capability with research-based personal finance information.
Saturday, September 29, 2018
FinCon Conference Highlights
This week’s post is late because I attended two
conferences as a presenter and for professional development. Below are take-away
insights from FinCon 2018, a conference for personal finance content communicators:
time you fail, you learn what not to do the next time so it is not really a
are like “little recording devices;” they assume that what they see related to
money is true.
is a big motivator of financial decisions: fear of missing out (FOMO) and fear
of not belonging.
mindfulness involves putting a pause between a stimulus and a response (e.g.,
spending). For example, putting off a major purchase off for a day to think
people are focused on a major problem (e.g., debt), they have less brainpower
to make decisions.
FIRE (Financial Independence, Retire Early) movement encourages people achieve
financial independence to live the life they want at a much younger age than
65. FIRE is an individual journey.
one will ever see, hear, or share your ideas if they never leave your head.
your efforts on improvement, not perfection. Do not use someone else’s
measurement of success.