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Mind Over Money: Emotions Affect Financial Decisions - Latest News

Mind over money: Emotions affect financial decisions

All the rational financial discussions in the world won't get you to your goals if you don't understand the role your emotions play when it comes to money. That thought came to mind as I wrote a recen... read more

Mind over money: Emotion often drives financial decisions, even when logic should

We buy one type of yogurt over another ... like the decisions many investors make in the financial markets. A degree of emotion also factors into many of our financial choices. There is even a discipl... read more

What’s your money script?

Not many address attitudes and the emotional relationship people have with money. According to Dr. Brad Klontz, a clinical psychologist and financial planner who wrote the book “Mind Over Money,” fina... read more

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How Emotions Drive Bad Financial Decisions (and How to Take Control)

Emotional ... "The money becomes a symbol of loss and they think that if they just obliterate it from their mind, they won't feel sad." How to Reframe It: Even if you're grieving, you still need to ma... read more

Financial planners share the smartest decisions they've seen clients make with their money

and decisions. Below, six certified financial planners answer the question,"What's the smartest decision you've ever seen a client make with his or her money ... would affect their plan more negativel... read more

Phil Wickenden: Advisers should meet both emotional and financial objectives

or taking lower-risk options even though they give lower returns because they provide peace of mind. During decision making, clients have competing objectives. Any solution will therefore need to sati... read more

Mind on Money: Think twice about a second home

So with this out of the way, let’s talk about some best practices I’ve observed over the years. First ... is pretty well built on the premise of relaxed vacationers making bad decisions. Buying a seco... read more

Mind Over Money

NARRATOR: Does raw human emotion dictate your financial decisions, or are we rational ... behavior is bizarre when it comes to money, but not everyone agrees. What happens when two powerful forces col... read more

DR Podcast 299: How to Help Others with their Financial Struggles

Money ... financial struggles… or when to stop trying. If there’s one thing I’ve learned through my own personal finance issues over the years its that it really hurts to see someone else struggle. Ma... read more

Dealing With Financial Tensions in Relationships

Everyone has an emotional relationship with money that's complex, lifelong, and rarely examined. That's why the conflicts that arise when adding a person to this mix are not surprising. In any financi... read more

Politics over Profit: When Is It Right to Turn Away Customers?

The first thing to keep in mind is that no one ... and songwriter Meek Mill to raise money for criminal justice reform group Gathering for Justice. Employees of Microsoft sent a letter of protest to t... read more

These 3 Decisions Will Change Your Financial Life

If you make these decisions unconsciously ... nothing to do with money. You can be grateful for your health, family, friends, opportunities and mind. Developing a habit of appreciating what you have c... read more

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