You’ve probably heard the saying ‘once bitten, twice shy’ to describe how people tend to react after they try something and it doesn’t quite work out. A lot of us also take that approach to our finances—if something does not work out the first time we try it, we may give up on it altogether. Depending on what the money management practice is, giving up might be the right thing to do or it could mean missing out.
Some of us also are too afraid to try. Rather than taking the risk of investing some money or changing financial institutions, …Read More