Psychology

Financial & Investment Tips

Which Money Script Do You Live By?

Your money script is a story you tell yourself about money. This story, the way you approach your finances, an outlook on a certain segment of your life, can have a significant effect on your behavior. In the growing field of financial psychology, the money script is a key element for clients and patients. Financial psychology is not quite a mainstream field of psychology yet, nor is it an approach that financial advisers normally consider. For clients who work with financial psychologists, however, there is a clear benefit. Addressing stress-related issues from a financial behavior angle has been shown to be effective. For those who undergo this type of counseling, psychological distress decreases. When the practitioner is trained, clients come away with a better psychological relationship

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Financial & Investment Tips

How Your Positive Posse is Destroying You

One of the oft repeated mantras in leadership training is to surround yourself with people who understand you and support what you do. This philosophy translates well to people who need emotional support for any endeavor, even if one’s goal is to just keep living. Everybody needs support, and everybody needs to feel that someone is on their side. It’s easy to get overwhelmed by life, but when you have someone you can share your troubles with, someone who is empathetic to you and your situation, you have a strong advantage for survival. Entrepreneurs and business leaders often find that they have difficulty finding other people who relate to their particular flavor of struggle. And people who coach these entrepreneurs and business leaders believe strongly,

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