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
What Is the Psychology of Money?
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.
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Why the Psychology of Money Matters
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...
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How the Psychology of Money Affects Your Decisions
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.
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Ways Psychology Affects Your Money
- Spender vs. Saver: Spenders can see so many creative possibilities when it comes to money. On the other hand, a saver’s first instinct is to not spend their money.
- Nerd vs. Free Spirit: Nerds genuinely look forward to organizing their bu...
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CURATED FROM
Understanding the Psychology of Money and What It’s Costing You
ramseysolutions.com
4 ideas
·9.21K reads
IDEAS CURATED BY
The psychology of money is the study of our behavior with money.
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Related collections
Other curated ideas on this topic:
The psychology behind money
Money is not a fixed entity. It is a complex of data points, challenges, and opportunities you encounter and have feelings about. Your decisions about money affect your emotions and behavior.
There are three factors you need to know about the psych...
Psychology of the quiz show
- Dealing with the anxiety of a global crisis: at a time when many of us have learned to doubt anything claiming to represent objective fact, there is a certain truth about quizzes: you are either right or wrong.
- The certainty of knowledge: Quizshows a...
Psychology of Productivity
- Personal Values . First and foremost, you need to figure out what exactly you stand for—that is, what you value. Values are a compass for your behavior and, therefore, the engine of your productivity.
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