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Does More Money Lead to Financial Independence?

We hope everyone is keeping cool and enjoying this summer heat. We had to take a little break from our summer fun and share these great articles with you. Enjoy!

Here’s what we wanted to share with you this week.

Why More Money Won’t Lead to Financial Independence. [Darius Foroux] — “I used to have goals like, “I’d like to earn a million bucks in a year!” But as I started to study Stoicism and Mindfulness, I learned to practice non-attachment to outcomes. I gave up on those types of goals. Let me tell you why.” More money, More Problems. (Submitted by J. Money.)

5 Main Causes of Overspending. [Smart Money Chicks] — “If you’re an over spender, you’re not alone. According to NerdWallet, over 64% of Americans have credit card debt or have had credit card debt in the past. Why do some people constantly find themselves overspending while some are naturally born savers? The actual causes of overspending highlight that these problems run deeper than we think. Let’s pinpoint the 5 main reasons for overspending and actionable ways to stop these habits from taking over your bank account.”  Which one are you? (Submitted by Tarsha.)

When I Asked for More Than My $43,000 Salary, They Accused Me of Loving Too Lavish a Lifestyle. [Too Ambitious] — “Meet Emma, a project coordinator from Atlanta, Georgia who, after a year working at her company, taking on more and more responsibilities, asked for more than the $43,000 she was offered.” This seems fair, but what happened next is all too common. (Submitted by Harlan.)