Currently Browsing: Financial Psychology

How Women Can Learn About Money

After a review of the research on women and mathematical and technical skills, I have affirmed my theory that women learn best in small same-sex groups that are cooperative and encouraging of verbal connection. Most women enjoy sharing and communicating personal material and enjoy analyzing and understanding emotions and relationships. The emotive-relationship area of skill development is one that girls have been trained for beginning in the early preschool years, based on extensive observation of same sex play groups over years. This is the way that women learn difficult or anxiety-arousing...

read more
Page 2 of 212

Using the Internet to Get Out of Debt

I have noticed a huge increase in the number of Gen X and Y bloggers who are blogging to get out of debt. Here are just a few of the sites I have visited in the past week:

www.lazymandmoney.com
www.mymint.com
www.stopbuyingcrap.com
www.poorerthanyou.com
www.bostongalsopenwallet.com
www.bloggingawaydebt.com

The last one also connects you to ncnnetwork.com where you can set up a chart to show and tell...

read more
Page 2 of 212

Why Women Want to Ignore Their Money

Well Suze O’s theory is that women are so busy nurturing others that they have little left over to care for themselves. That is true some of the time. But there are also lots of young single women who do have enough time and energy but do not spend it on learning about money managment.

Where does the resistance come from? I think from my own analysis that many women are willing to trade competence for the feeling of “being taken care of” and loved by having their money managed by someone else…and if no one else is there to do it, they would prefer not to be reminded...

read more
Page 2 of 212

Compulsive Spending

The most recent research shows that both men and women are now equally likely to become compulsive spenders..about 5% of our US population seems to have difficulty in this area. Men and women tend to overspend on different things with men likely to overspend on electronics, autos, tools,etc and women likely to spend on clothing, gifts, make-up and items for their children. One factor that has increased compulsive spending is that there are no longer the kinds of external limits imposed on debt that once were in place. Easy credit has made it possible to get into deeper debt holes than used to...

read more
Page 2 of 212

Responsible Giving

Many people who have money have not really thought out how to be responsibly generous to their family and friends who may have work and/or money dysfunctions. Because women often are the caretakers of the less functional members of their families, this is an issue especially but not exclusively for women. Being responsibly generous means not allowing dysfunctions to continue unaddressed. The feelings surrounding poorly executed giving tend to sound like the following: I resent giving but feel obligated because if I have it, I should give it;I feel as though I am throwing my money down a black...

read more
Page 2 of 212

Workshops for Women and Money

Day long intensive workshops for women who wish to make a change in relationship to money will be offered on the following dates: Saturday September 16, 2006; Saturday February 3, 2007 and Saturday, September 15,2007. These workshops are designed to focus on each individual’s money journey and to help you become conscious of your beliefs about money, develop your goals in relationship to money and understand your connection to your money. The workshop is especially useful if you need to change your relationship to your money , if you are in conflict with your partner over money issues,...

read more
Page 2 of 212

The Problems of Wealth

It is tempting to make humorous comments regarding the problems that are associated with wealth (“I’d take their problems any day” and so forth). However there are some very real difficulties that are associated with either inheriting or having wealth. A feeling of “differentness” or separation from the “normal” often goes along with having wealth. Many wealthy people just wish that they could be having an ordinary life and sometimes a new inheritor seems to be actively trying to get rid of the money as a way to attain this and just be like everyone...

read more
Page 2 of 212

Your Journey to Money Maturity

Your journey to money maturity begins when you are finally able as an adult to step aside from your engagement with money and see both the emotive and the realistic sides to this commodity. For many years you have been affected by the messages received from your family, our culture and your own childhood experiences with money. Your journey to maturity does not really begin until you are able to see and articulate your money-learning backgound. Until then it will be difficult to separate yourself from your history and make choices that reflect your current values, emotions and reality with money.

Why...

read more
Page 2 of 212