Tag Archives | Financial Psychology

Finding Your Financial Comfort Zone

Try to imagine the enormous range of possible financial conditions in which human beings can live. At the lowest end is bare subsistence—the minimum food and shelter possible to sustain life. At the highest end is unlimited wealth—multi-billionaires with more than they, their children, and their grandchildren could possibly spend. Most of us, of course, […]

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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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