TessMore Finance Blog

So you spent a small pile of money on something you THOUGHT you wanted — only to realize later you could have gone without it. Congrats! You have buyer’s remorse. It’s not fun BUT there are ways to prevent it. We’ll show you how. What does buyer’s remorse mean?  Buyer’s remorse is regretting spending money on something.  It’s important to know that buyer’s remorse is not just limited to those extra pairs of Jimmy Choos piling up in your walk-in. The big buyer’s remorse items are the ones that keep you up at night with worries of payments. Those ones that follow you for years and years.  Buyer’s regret is also a form of cognitive dissonance, where your mind doesn’t agree with your actions. This causes all those uncomfortable emotions when the rush of the purchase wears off and cancellation clauses suddenly become a serious study in your house.  Bonus: Having more than one stream of income can help you through tough economic times . Learn how to start earning money on the side wit

If there’s one money tip that’s repeated time and again, it’s the importance of sticking to a frugal budget . This money rule says your bills and necessities come first, and every other penny should be put away in savings or investments.  But, what this advice doesn’t account for is the need to treat yourself every once in a while. No one tells you that you can be smart about your money without sticking to the sale or clearance rack. In fact, it’s OK to shell out the money for a lavish dinner with friends, or that you should feel free to dole out the dough for an expensive handbag or new pair of shoes.  You work hard, and you should feel amazing about spending money on things you love. The problem is, that can be easier said than done. It’s pretty normal to feel bad when buying expensive things — especially for yourself. Luckily, there are ways to conquer this issue.  If you feel stressed, anxious, or guilty when making big purchases, here’s why it happens, and what you can do to sp

The housing market can be a beast to navigate, but in the past year, it’s become even more difficult to lock in a property that is entirely ready for move-in. In June 2021, home prices in the U.S. catapulted by around 25% according to Redfin , the Seattle discount real estate brokerage, and the number of homes for sale decreased by nearly 40%. With these eye-opening statistics, it’s no surprise that people are turning to contractors to help them turn a fixer-upper into a dream home, or to at least press pause on selling a home and make energy efficient and design upgrades to it instead. But working with contractors isn’t always the most cut-and-dry task, not the least of which is negotiating their fees. According to Homeadvisor , some contractors’ hourly fees can add up to nearly $4,000 by the end of the project. And with that kind of money coming out of your remodel budget, you can’t afford to misunderstand any aspect of the home improvement process. It’s easy to get caught up in

Money should not rule our lives but be a tool to help us reach our long-term goals.  Wouldn’t you agree? Many artists would.  They’d rather spend their time honing their skills instead of wondering how to make money as an artist.  But cash is king. It’s popular to assume that making money with art   doesn’t always assure financial stability. But if you’ve heard of artists making more than millions, then you know there is enough money for everyone out there.  Making money as an artist would require you to go beyond just selling your art. At this point, you should be branching out and creating multiple streams of income for yourself.  And the following ideas will help you do just that. Adopt a success mindset (You don’t have to be a starving artist!) It’s time you start considering yourself a  business owner .   Act like one .  Bill Gates, the billionaire, recommends a book called Mindset: The New Psychology of Succes,  basically re-iterating the idea,  ‘When you look at thin