Tag Archives: money psychology

Applying Budgeting to Time, Energy, and Space

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In recent months, I've done a lot of things that I felt obligated to do. I wouldn't say that I regret these things. For example, I attended several weddings, including destination weddings. I was glad to do so in order to support my friends and make my partner happy. However, it got me thinking a lot about the things that I had to reduce or give up in order to make time, energy, and space for those. And it got me thinking about how to apply financial budgeting knowledge to budgeting these slightly Read more [...]

Is A Financial Therapist Worth The Cost?

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I've been thinking about going back to therapy for awhile now. There are a few key things that I'd like to work through. I have to confess, my relationship with money is one of those things. Therefore, I've been looking into seeing a financial therapist. What Is a Financial Therapist? A financial therapist is a regular licensed therapist who has the education and experience to work with you in a variety of different issues. Therapists all get a baseline foundation to help diverse clients. However, Read more [...]

What My Financial Personality Says About Me

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I recently received an email from Marcus by Goldman Sachs. It gave me the opportunity to take a quiz to determine my financial personality. I'm always intrigued by these types of things, so I went ahead and answered the ten questions to see if I could learn a bit more about my financial self. About the Financial Personality Quiz The quiz is actually really interesting. It's a collaboration between Marcus by Goldman Sachs and the Myers-Briggs Company. The Myers-Briggs is one of the most well-known Read more [...]

Why Is It So Hard to Save Money?

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It's easy to learn about saving money. You can find books, blogs, podcasts, courses, TED talks, and well-intentioned people offering advice at every turn. And yet, despite all of this access to information, it can still be so hard to save money. Why? Modern Life Makes It Hard to Save Money Modern life, especially modern American life, makes it hard to save money. It's important that you understand this. So many people blame themselves for their failure to save. After all, if you know how to budget, Read more [...]

5 Ways to Better Understand Your Money Psychology

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I have a Masters degree in psychological studies. Therefore, it's no surprise that I'm very interested in the psychology of money. The way we approach finances should be logical but many of us respond emotionally to money instead. Better understanding your own money psychology can help you better work with your finances. Here are 5 ways to better understand your relationship with money. 1. Journal About Money We all have complicated feelings about money. Uncover yours by keeping a journal about Read more [...]

5 Ways to De-Stress When Money Challenges Overwhelm You

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I hate to admit it but money has overwhelmed me a lot lately. I think of myself as someone who is generally level-headed when it comes to money. But let's face it: times are tough. The stress has gotten to me. Here's something important that I know: stress makes money problems worse. When we let stress take over our brains, we don't think as clearly. We react, instead of acting from an intentional place. So I find myself wasting money when I need to be saving it. Or I find myself overworking Read more [...]