Tag: money beliefs
Aug 18, 2025
What is one of your “hard truths” about money? An assumption like “money is power” that you have never questioned? “Truths” like these are financial beliefs, or money scripts, that often sound completely reasonable on the surface. But in my work as a financial...
Jan 22, 2024
Recently I spotted a penny on the ground. In a nanosecond, the following discussion played out in my mind: “Pick it up, it’s free money!” “It’s only a penny, it’s not worth the effort.” “But it’s still a penny, to walk on by would be wasteful!” “Spending time...
Nov 14, 2022
The term money scripts, describing the unconscious beliefs that underlie our financial decisions and behavior, has been used by financial planners and therapists for over 15 years. Since the term (coined by Brad Klontz, Ted Klontz, and I) was first published in my...
Jul 25, 2022
If you’ve ever lived in real poverty, struggling to meet your basic needs for food, shelter, and clothing, it’s almost certainly not a “lifestyle choice” you would voluntarily opt to return to. If you were to ask people who are living in poverty whether they would...
Apr 11, 2022
Two years ago, writing at the outset of the pandemic, I cited a March 2020 New York Times column by David Brooks, “Pandemics Kill Compassion, Too.” He warned that, historically, pandemics, unlike other disasters which bring communities and nations...
