Author: u_cindycouy001

In the modern world of convenience, subscription services, digital wallets, and social media-fueled lifestyle envy, financial decisions are made with a few taps of a smartphone. It’s never been easier to spend money—nor more crucial to understand the hidden consequences of how we spend it. While major financial pitfalls like bankruptcy or job loss are… Continue reading The Hidden Cost of Poor Money Habits: How Everyday Choices Sabotage Your Financial Future

In an age where digital transactions have replaced physical cash and consumerism is embedded in everyday life, financial literacy is no longer a luxury, it’s a necessity. The earlier children begin learning about money, the more confident and competent they will be in managing their finances as adults. However, teaching kids about money doesn’t have… Continue reading Teaching Kids About Money: Strategies for Every Age

In a world where financial decisions shape nearly every aspect of life, the importance of financial literacy cannot be overstated. Cindy Couyoumjian understands that millions of individuals struggle to make informed choices due to a lack of basic financial knowledge. From understanding budgeting principles to navigating the complexities of credit card use, financial illiteracy casts… Continue reading How Financial Illiteracy Impacts Everyday Decisions

When we think about money, we often focus on numbers—salaries, investments, savings, and debts. But what if financial success is not just about how much you earn, but how you think about money? The psychology of money explores how our mindset, emotions, and behaviors influence our financial decisions, often more than logic or mathematical calculations.… Continue reading The Psychology of Money: How Mindset Shapes Financial Success

Money is a powerful tool, but for many, it’s also a source of confusion, stress, and even fear. Much of this comes from long-held beliefs and misconceptions about finances that have been passed down through generations. These money myths can limit financial growth, prevent people from making smart decisions, and keep them stuck in financial… Continue reading Common Myths About Money That Keep People Stuck

Financial risk refers to the possibility of losing a portion or the entirety of your money. Cindy Couyoumjian outlines the purpose of risk management in financial planning, which is to identify, assess, and mitigate risks that could impact an investor’s financial goals. This approach helps individuals and institutions navigate potential losses in investment capital, whether… Continue reading The Purpose of Risk Management in Financial Planning

Financial literacy is a cornerstone of economic stability and growth. Yet, a lack of understanding of basic financial principles is a widespread issue that affects millions of individuals and families. Financial illiteracy doesn’t merely impact the individual; its effects ripple through generations, perpetuating cycles of poverty and severely limiting opportunities for wealth building. Cindy Couyoumjian… Continue reading The Ripple Effect of Financial Illiteracy on Generational Wealth