Psychology of Money

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How Well Do You Deal With Change?

Dramatic changes in your life can be stressful, reeking havoc not only with your life, but with your health as well. It’s not the changes themselves that causes health issues, but your reaction to these changes.
 
 
This diagram provides a nice overview.
Stress

Mental Anguish

Physical Response (fight or flight hormones released at chronic levels)

Illness
 
Let’s […]

Popularity: 77% [?]

15Jun2008 | Lisa | 5 comments | Continued
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Debt Can Ruin Your Health In More Ways Than One

People with newly acquired extreme debt also reported having a higher percentage of stress induced illnesses than those without extreme debt.
A recently conducted AP-AOL Health Poll found that:

27 percent had ulcers or digestive tract problems, compared with 8 percent of those with low levels of debt stress.
44 percent had migraines or other headaches, compared […]

Popularity: 55% [?]

11Jun2008 | Lisa | 3 comments | Continued
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The Power of Persuasion: Eight Strategies for Getting Exactly What You Want

Whether you’re a salesman, a supervisor, a computer programmer, or a stay at home mom, the art of persuasion can be a key element to your success at work, and, indeed, in many aspects of your life.
“Persuasion is a key element of all human interaction, from politics to marketing to everyday dealings with friends, family […]

Popularity: 57% [?]

8Jun2008 | Lisa | 1 comment | Continued
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Having a Bad Hair Day? Four Stress-Relieving Tips

I worry more than your average Joe.
And financial fear, above all, gives me ulcers. If my company has a bad quarter, I’m waiting for the pink slip. If the market’s having a bad day, I’m planning jobs I can do when I’m 85, to compensate for my nosediving 401K .
Here’s a few […]

Popularity: 48% [?]

27May2008 | Lisa | 8 comments | Continued
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The Psychology of Money: Low Self-Esteem is Like Driving Through Life With Your Hand-Brake On

So said Maxwell Maltz, author of the classic visualization book, Psycho-Cybernetics.
One proven technique for overcoming low self-esteem, and other defeatist thoughts that inhibit our success in life, like identification with failure, or poverty mentality, is a tool known as visualization.
 
 
The visualization techniques I’m about to describe were developed by a Jewish holocaust survivor and […]

Popularity: 55% [?]

16May2008 | Lisa | 7 comments | Continued
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The Psychology of Money: Which Money Personality Do You Identify With?

Dr. Kathleen Gurney, CEO of the Financial Psychology Corporation, believes that each of us falls into one of nine money personalities. Each type has its own strengths and weaknesses. By understanding the strengths and weaknesses of your type, you can optimize your financial planning to a style that fits you.
Do you see yourself […]

Popularity: 48% [?]

5May2008 | Lisa | 3 comments | Continued
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The Psychology of Money: “I Have to Have It”-The Impulse Purchase

“I don’t know what got into me. I just had to have it.”
How many times have we said that? What motivates impulse purchases? How can we control them?
Let’s start with the motivators-
External Impulse Buying Motivators
Easy Access- It’s easier to spend your money then ever before. ATMs, debit cards, and easy […]

Popularity: 68% [?]

20Apr2008 | Lisa | 10 comments | Continued