Learn more about psychology with this collection
How to develop a healthy relationship with money
How to create a budget
The impact of emotions on financial decisions
The psychology of money is the study of our behavior with money.
Success with money isn’t about knowledge, IQ, or how good you are at math. It’s about behavior, and everyone is prone to certain behaviors over others.
Once you become aware of your tendencies, you can harness the power of your own mind, your thoughts and your will—and you can literally change your life.
Self-awareness is a valuable tool. You need to learn more about the way your mind works if you want to grow. Whether we’re talking about money or life as a whole, knowing yourself is a huge factor in creating meaningful change.
Personal finance is 20% head knowledge and 80% behavior. That’s why getting out of debt relies on changing your behavior instead of throwing a bunch of numbers and formulas at you.
The truth is that money is just a magnifying glass—it makes you more of who you are.
If you’re kind and generous, you’ll be even more kind and generous with money. If you’re rude and self-centered, you’ll be even more rude and self-centered with money.
Money is simply a tool, and you get to determine what to do with it.
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