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The Harmful Power of Mistaken Money Beliefs

I often say that understanding money and how it works is a 21st Century survival skill. This is not an exaggeration. What you don’t know about money—as well as what you think you do know about money—has the potential to literally kill you and those you love. A...

Money Scripts and Holiday Spending

The Christmas shopping season is in full swing. Some shoppers overspend on gifts and end up paying off credit card bills for months. Others drive themselves crazy trying to find exactly the right gifts for the right people. Others hate shopping so much that they find...

Change With Financial Therapy Tools

Problematic money behaviors are never about the money. Frequent readers of this column have seen me write about that over and over again. Suggesting cognitive action steps can only resolve about 20% of these behaviors. Take, for example, the challenge of making...

Making Sense Of Stock Market Behavior

Watch this video on YouTube One of the most asked questions I get is, “Why is the stock market going up when the economy continues to get worse? This makes no logical sense.” More workers file for unemployment every week. Over 20% of our workforce is...

Polarizing Money Beliefs

Watch this video on YouTube “Money is supposed to be spent!” “Money is supposed to be saved!” We may not hear talk-show participants shouting these opposing views at each other with the same level of anger that characterizes some of our...