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Tag Archives | Financial Psychology

Do Overspending and Overeating Go Together?

Over the years, I’ve noticed a commonality among people with money problems. Many of them are also overweight. Is there a relationship between overspending and overeating? Until now, I couldn’t be sure my experience was anything more than circumstantial. But I recently read about a 2009 study done by Dr. Eva Munster at the University […]

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New Book by Dave Jetson Shows Value of Therapy

“It’s not about the money.” This saying has become almost a cliché among financial planners and therapists who help clients address the emotional aspects of their relationships with money. We keep using this phrase because it is so true. Overspending, taking unreasonable risks, money conflicts that strain marriages, failing to learn from money mistakes, and […]

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The Art of Getting Value

People who successfully build wealth have one trait in common: they understand the art of frugality. These unassuming millionaires know how to live on much less than they make, and they know how to save money.  But those behaviors alone aren’t enough.  Not spending money today does not always result in having more money tomorrow. […]

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Client-Focused Financial Planning Addresses Money and Emotions

Anyone who sent a check to the IRS this month certainly doesn’t need to be convinced that there is a relationship between money and feelings.  I can personally attest that paying a hefty tax brings up a great deal of painful emotion. The case for the union of money and psychology is overwhelming.  Almost everyone […]

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Doing Better Than We Think In South Dakota

South Dakotans have a long-established money script that “we are a poor state.” Everyone in the state knows it, and we’ve always had the facts to prove it. We’ve grown accustomed to being at the lower rungs of almost any financial measurement. I’m a third-generation South Dakotan. I’ve watched most of my classmates move out […]

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