How Emotions Confuse Out Money Choices And What To Do About It
Crazy About Money uses real and composite cases drawn from the author’s 30 years of psychology practice. Readers learn about Mary, who has a basement full of Internet purchases she made to get even with her seemingly indifferent husband. And about Harry, an 89-year-old multi-millionaire bachelor who nearly decided to move into a state assisted living facility for fear he would run out of money. Readers also meet others who, like themselves, over-spend, under-save and make poor investment decisions.
What you will get from Crazy About Money;
- As you connect with others in the stories and the story explanations, you’ll become more aware of the complexities of money and the emotions and beliefs embedded in it.
- You’ll learn how to recognize and sort out your own money beliefs and emotions.
- You’ll be able to identify what you need to change in your money behavior and develop awareness to choose to change it or not change it.
- You’ll learn to make smarter choices with money, whether in saving, investing, spending, or giving.
Devon Godfrey –
I’ve been reading a book a week for over 6 years, and I don’t think any of them compare to how important this one is. I would even consider this required reading before reading Rich Dad Poor Dad.
The subject matter that Maggie dives into, the psychology of money and, most importantly, how to catch yourself before you wreck yourself, is so foundational. Without this knowledge it doesn’t matter how many books on finance you read, your old money scripts will still come and wreck you at every turn.
I can’t encourage enough people to read this. This is one of those books that everybody needs to read, or at least understand the concepts of. When you read this book you actually get the foundational information you need to structure your brain to work with you instead of against you.
11/10, read this book.