Mind Over Money
Top 10 Lessons learned From the Book “Mind Over Money” 1. Rationality Even if you think you’re generally good at thinking and choosing rationally, that all falls apart when it comes to budgeting and spending. 2. Be patient Don’t get discouraged though, because these beliefs and habits have taken you years to develop, which means that it will take some time to fix them. 3. Childhood As a child, you were financially socialized just by the adults around you, which built the complicated connections you have with money today. 4. Strong Beliefs Your beliefs about money are strong because you began developing them when you were really young. Research shows that children at least as young as six already know about the importance of money! 5. Social Status Research confirms that young people also understand how money affects social status. 6. You struggle NOT because you’re a terrible person. It’s hard because nobody’s taught you the right way to manage your finances. 7. Your motivation at work...