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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Understanding the Psychology of Money and What It’s Costing You
ramseysolutions.com
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The psychology of money is the study of our behavior with money.
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The idea is part of this collection:
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How to develop a healthy relationship with money
How to create a budget
The impact of emotions on financial decisions
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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.
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