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Practicing gratitude also gives you more resilience when things go wrong. When you feel grateful it’s easier to keep things in perspective, so problems don’t seem so overwhelming.
Understanding the nature of the stock market, what you are invested in and how performance may vary can help calm anxiety during a decrease in the market.
If your employer offers a retirement plan, invest at least enough to get the employer match, if available. Most young adults can maximize their retirement funds by investing in the Roth option.
Spend time working on your finances and approach it as an opportunity. Wealthy people devote at least 2 hours a week thinking about and managing their money. If you don’t understand finances, educate yourself.
Healthy people are generally happier and take a more active role in their finances. Individuals who strive to maintain their health have similar traits to those who work to improve their finances.
Rather than improving your decision-making process, too much information makes it harder to make logical and rational investment decisions.