Discover the debilitating link between shame and financial struggles, as explored in a 2021 paper from the Journal of Organizational Behavior and Human Decision Processes. This vicious cycle, fueled by avoidant behaviors, obstructs parents from realizing their financial and lifestyle goals. Sarah Newcomb, Ph.D., a behavioral economist at Morningstar, sheds light on how these behaviors can detrimentally impact well-being and health. Learn to identify the signs of being trapped in a shame spiral and explore strategies to break free.

Discover how to transform your spending from a source of stress into a powerful skill that aligns with your lifestyle and financial goals, all starting with self-awareness.