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How you feel about money impacts your spending

Cultivating awareness about your psychology surrounding money — and the kind of spending habits it promotes — can help you chart a financial path that works for you. (Photo: iStockphoto / NNPA)NNPA NEWSWIRE — Being aware of your own psychological and emotional approach to money is the first step to developing healthy spending habits. Psychologists agree that these beliefs can start early. They may also come from other life experiences — whether you need to support a family, for example, or if you’ve had a negative history with unmanageable debt.

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