4 travel hacks to save money for your 2024 holiday                                                                                                                                                                                                         January 08, 2024 | [Read Online]( Good morning. It's Monday, Jan. 8, and we're covering financial phobia, thinking beyond budgets, hottest housing markets, and much more. First time reading? [Sign up here](. Stock Market Update Market Performance: January 6, 2024. The S&P 500 ended Friday modestly higher, but all three of the major averages snapped a nine-week winning streak following a stronger-than-expected jobs report. The broader index rose 0.18% to end at 4,697.24, while the Nasdaq Composite added 0.09% to finish at 14,524.07. The Dow Jones Industrial Average ticked higher by 25.77 points, or 0.07%, settling at 37,466.11. [The three major averages notched their first negative week in 10,]( with the Nasdaq suffering the biggest decline at 3.25% — its worst weekly performance since September. The S&P 500 and Dow dropped 1.52% and 0.59%, respectively. Financial Maverick Insights Financial phobia? Financial therapy may help We have all heard that money should not be idle, but instead should be working for you. This is typically done by investing money into stocks and bonds. But for some people, the idea of risk is not only uncomfortable but even downright frightening. For others, unhealthy money habits like gambling can take a toll on family and work. For all of these people, financial therapy may help. The Financial Therapy Association is an organization dedicated to training and educating professionals who provide emotional support and practical solutions to help people cope with financial stress or poor money management. The organization is a diversified group of professionals from various careers, such as marriage therapists, social workers, financial planners, accountants, counselors, and coaches to name just a few, who can work with clients to help them make wise money choices and deal with the financial issues that they may be facing. Financial therapy is the link between two fields of expertise – financial planning and behavioral therapy. Financial therapists typically come from backgrounds that include psychology, marriage or family therapy, social work, and financial planning. [They can provide clarity, practical tools, support, guidance, and solutions](so that financial phobias and impulsive behavior can be explored and minimized. Think Beyond Budgets: A New Approach to Saving Money Summary: Budgeting can feel restrictive and often leads to impulsive spending. Instead of fixating on what you shouldn’t buy, financial experts recommend a more empowering approach to saving money. By making smaller decisions and creating a conscious spending plan, individuals can feel more in control of their finances without sacrificing enjoyment. While the new year may spark the desire to do a budget overhaul, personal finance expert Suze Orman warns against the restrictiveness of budgets. Comparing them to crash diets, she believes that strict budgeting almost always leads to a binge-spending spree. Orman suggests that instead of focusing on what not to buy, individuals should focus on smaller decisions that make them feel more secure and in control of their bank account. The key takeaway from these financial experts is that spending is unique to each individual. While budgeting may work for some, it is not the only method for tracking spending. The focus should be on making mindful decisions and feeling empowered about financial choices. [By reframing the approach to saving money,]( individuals can enjoy date nights and occasional splurges while still prioritizing their financial goals. Real Estate News Zillow's hottest housing markets for 2024: See which cities made the top 10 Real estate company Zillow is predicting the top 10 hottest housing markets of 2024. See which cities made the list. 'I'm going to turn this into something positive' | Waco real estate agent turns vandalized sign into viral sensation After a prankster graffitied one of Mario Gonzalez's real estate signs, his hilarious response took social media by storm. 10 Tips to Be Successful in Real Estate Investing (2024) A successful real estate investment is one of the proven ways to become wealthy. Here are a few tips on how to become a successful real estate investor. Personal Finance Tips Four travel hacks to save money when booking your 2024 holiday A NEW travel year is upon us, but with our budgets tighter than usual in January, how can you be sure you’re bagging the best bargain for your 2024 getaway? Looking for a resolution? Tips for financial planning and budgeting for the new year Take it easy on yourself and set achievable, short-term goals to improve your finances. New year, new budget? Tips to help compound your 2024 finances Sean Kelly, Director at Paragon Wealth Managers shares ways to manage your finances for success in 2024. Alternative Investing Elon Musk drops price of X gold checks amid rampant crypto scams Reports come the same week X reduced the cost of buying gold checkmarks. Investors hedge bets on Bitcoin with $50K call options before ETF decision Medium-term call options surge in anticipation of the upcoming Bitcoin ETF decision. 5 Best AI-Based Altcoins to Invest in 2024 Invest for the future: Check these top 5 AI-based altcoins of 2024, your gateway to future crypto. Do you invest in Altcoins? [Yes](
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