{"id":5046,"date":"2020-07-24T13:50:08","date_gmt":"2020-07-24T13:50:08","guid":{"rendered":"https:\/\/clients.firstfinancialsecurity.com\/FFSBB\/?p=5046"},"modified":"2022-02-24T15:52:53","modified_gmt":"2022-02-24T15:52:53","slug":"financial-friday-round-up-july-20-july-24-2020","status":"publish","type":"post","link":"https:\/\/clients.firstfinancialsecurity.com\/FFSBB\/2020\/07\/24\/financial-friday-round-up-july-20-july-24-2020\/","title":{"rendered":"Financial Friday Round-Up: July 20 \u2013 July 24, 2020"},"content":{"rendered":"<p>Every week, our Financial Friday Round-Up compiles the best things to red, watch, or listen to regarding finance on the web. The articles below highlight three ways credit cards can lead to overspending, important advice for building mental resilience, a new work-from-home trend, and more.<\/p>\n<h5><strong><span style=\"color: #37589e;\"><a style=\"color: #37589e;\" href=\"https:\/\/www.nytimes.com\/2020\/07\/14\/realestate\/coronavirus-backyard-shed-office.html\" target=\"_blank\" rel=\"noopener noreferrer\">Your New Home Office May Be in the Backyard<\/a><\/span><\/strong><\/h5>\n<p>As some companies consider embracing work from home even after the pandemic is over, innovative entrepreneurs are taking advantage by selling creative working spaces such as stand-alone sheds for working in your backyard. Now, workers looking for a little separation from their home life may not have to go much farther than out their back door.<\/p>\n<h5><span style=\"color: #37589e;\"><a style=\"color: #37589e;\" href=\"https:\/\/www.businessinsider.com\/personal-finance\/credit-card-pitfalls-avoid-overspending-2020-7\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><span style=\"color: 37589e;\"><span class=\"EOP SCXW91983742 BCX7\" data-ccp-props=\"{}\">3 Mental Traps That Can Make Your Overspend on a Credit Card, According to a Behavioral Economist<\/span><\/span><\/strong><\/a><\/span><\/h5>\n<p>There is nothing wrong with using a credit card to make a purchase as long as you end up paying your monthly statement, but it is also important to recognize the behaviors that lead people to overspend when they depend too much on these pieces of plastic. In this <em>Business Insider<\/em> piece, a behavioral economist explains three ways that credit cards can easily trick our brains into overspending.<\/p>\n<h5><span style=\"color: #37589e;\"><a style=\"color: #37589e;\" href=\"https:\/\/www.wsj.com\/articles\/mental-resilience-can-help-you-through-the-coronavirus-pandemic-heres-how-to-build-it-11594688401\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><span style=\"color: 37589e;\"><span class=\"TextRun BCX7 SCXW112963057\" xml:lang=\"EN-US\" data-contrast=\"auto\" lang=\"EN-US\"><span class=\"NormalTextRun BCX7 SCXW112963057\">Mental Resilience Can Help You Through the Coronavirus Pandemic; Here&#8217;s How to Build It<\/span><\/span><\/span><\/strong><\/a><\/span><\/h5>\n<p>This advice from the Wall Street Journal, while geared toward getting through the pandemic, can also be adapted to a number of situations in which resilience is needed \u2014 be it a family emergency, a bit of burnout or simply a bad run of business. Regardless of how you use them, these mental tools can be important for anyone who wants to learn healthy coping strategies for tougher times.<\/p>\n<h5><span style=\"color: #37589e;\"><a style=\"color: #37589e;\" href=\"https:\/\/www.wsj.com\/articles\/womens-careers-could-take-long-term-hit-from-coronavirus-pandemic-11594814403?mod=management_lead_pos3\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><span style=\"color: 37589e;\"><span class=\"TextRun BCX7 SCXW112963057\" xml:lang=\"EN-US\" data-contrast=\"auto\" lang=\"EN-US\"><span class=\"NormalTextRun BCX7 SCXW112963057\">Women&#8217;s Careers Could Take Long-Term Hit From Coronavirus Pandemic<\/span><\/span><\/span><\/strong><\/a><\/span><\/h5>\n<p>The pandemic has put a magnifying glass up to certain inequalities in the workforce by complicating the balance between career and caregiving that many women have faced for decades. While men have been feeling the pressure of caregiving as well in the age of COVID-19, it is important to notice how these factors can have a disproportionate effect on women due to society\u2019s ingrained expectations and what we can do to help balance the equation.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Check out our other Financial Friday Round-Up posts for more great reads!<\/strong><\/p>\n<p><span style=\"color: #37589e;\"><a style=\"color: #37589e;\" href=\"https:\/\/clients.firstfinancialsecurity.com\/FFSBB\/financial-friday-round-up-july-13-july-17-2020\/\" target=\"_blank\" rel=\"noopener noreferrer\">Financial Friday Round-Up: July 13 &#8211; July 17, 2020<\/a><\/span><br \/>\n<span style=\"color: #37589e;\"><a style=\"color: #37589e;\" href=\"https:\/\/clients.firstfinancialsecurity.com\/FFSBB\/financial-friday-round-up-july-6-july-10-2020\/\" target=\"_blank\" rel=\"noopener noreferrer\">Financial Friday Round-Up: July 6 &#8211; July 10, 2020<\/a><\/span><br \/>\n<span style=\"color: #37589e;\"><a style=\"color: #37589e;\" href=\"https:\/\/clients.firstfinancialsecurity.com\/FFSBB\/financial-friday-round-up-june-29-july-3-2020\/\" target=\"_blank\" rel=\"noopener noreferrer\">Financial Friday Round-Up: June 29 &#8211; July 3, 2020<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Every week, our Financial Friday Round-Up compiles the best things to red, watch, or listen to regarding finance on the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6506,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[152,655],"tags":[330,228,233,142,331,332,333],"class_list":["post-5046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-financial-insights","tag-credit-card","tag-financial-friday","tag-financial-friday-round-up","tag-home-office","tag-mental-resilience","tag-women-career","tag-work-from-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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