by Ray | Money and Psychology
As you may already be aware I am very interested in behavioral finance and how emotions affect our financial decisions. Good money management is for the most part a psychological task rather than a simple mathematical one; hence understanding how emotions affect...
by Ray | Money and Psychology
Reaching financial independence is the ultimate goal for many of us, almost every personal finance blogger I follow state that their goal is reaching financial freedom. The general assumption is that with more money comes more happiness; some say money does not...
by Ray | Money and Psychology
I am sure you are familiar with personality types, at the most basic level there are introverts and extroverts. How familiar are you with money types? Similar to personality types there are also variety of money types that classify different types of individuals and...
by Ray | Money and Psychology
Money is an important part of life, it affects us in all areas of our lives either directly or indirectly. Money affects our relationships, our career choices, education and so on, but what is even more of importance is our attitude towards money. How do you feel...
by Ray | Money and Psychology
Personal finance and money management is often more psychological than anything else. The math is often simple, most understand the importance of saving for long term goals and retirement, yet most fail to do so. Earlier this week Peter at Bible Money Matters...
by Ray | General Finance, Money and Psychology
One of the hardest things to do for most people is delaying their immediate gratification. We live in a society where we want everything and we want it now, without much consideration to its future impact. This attitude is learned from a young age where kids want...
