Stacie Hurst for Finder.com
6 financial traps keeping you stuck & frustrated (and how to escape)
Feel like everyone else is getting ahead while you’re financially stuck on a hamster wheel? You’re not alone. An Achieve survey found that 1 in 3 people say their finances have gotten worse this past year, and difficulty making ends meet is a leading cause of rising debt.
You may not see a way out of living paycheck to paycheck, but a brighter future may be closer than you think. The truth is that money follows us like a shadow, reflecting the way we act and make decisions. If you’re stuck in a rut, you may have fallen into one of these common financial pitfalls. Finder.com shares how to get out.
1. Short-term thinking
Obsessing over tomorrow’s troubles will rob you of today’s peace. B