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Wilkes-Barre Citizens' Voice

Ghosting your money? How to get back on track

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Ghosting your money? How to get back on track
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A new explainer from NerdWallet compares “financial ghosting” to disappearing on a romantic partner: when people avoid checking accounts, bills and apps because thinking about money feels overwhelming, problems can quickly compound. The article says ignoring finances can lead to overspending, mounting debt and other issues. It outlines steps to get back on track: set aside time to log in and review bank and credit card statements, with advice to print statements and highlight surprising expenses. It recommends setting achievable goals focused on variable costs, reviewing the broader financial picture across loans and investments, and then prioritizing debt repayment while building savings. Sources include Steven Conners and Wanda Belle, among others.

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