Title: The Psychology of Money: What You Need To Know To Have A (Relatively) Fearless Financial Life
Headings: The Psychology of Money: What You Need To Know To Have A (Relatively) Fearless Financial Life
The Psychology of Money: What You Need To Know To Have A (Relatively) Fearless Financial Life
Emotion and money
Mental health and mental illness
Family and childhood influences never end
How to harness money emotions

Content: somehow it never happens. We spend too much out of recklessness or exuberance, or too little out of guilt. Our money behavior often causes shame. It’s worth thinking about money as something with which you have a complex relationship. Your money (and more broadly your personal finances) is not a fixed entity, but rather a complex of data points, challenges and opportunities you circle around, interact with and have feelings about. You make decisions about money that impact your financial situation and these impacts in turn reciprocally affect your feelings and future behaviors. And it’s a relationship that evolves over a lifetime. Here are three key things to know about the psychology behind our personal relationships with money: Emotion plays a huge role. Anxiety and avoidance create a vicious cycle.