Money 2.0: Rewrite Your Money Story

Money worries are one of the biggest sources of anxiety in the lives of Americans. This week, we kick off our new “Money 2.0” series with psychologist Brad Klontz. He says that while external economic forces often shape our financial well-being, our unconscious beliefs about money also contribute to how well we manage our money.

Additional Resources:

Books:

Mind Over Money: Overcoming the Money Disorders That Threaten Our Financial Health, by Brad Klontz and Ted Klontz, 2009.

Wired for Wealth: Change the Money Mindsets That Keep You Trapped And Unleash Your Wealth Potential, by Brad Klontz, Ted Klontz, and Rick Kahler, 2009.

The Financial Wisdom of Ebenezer Scrooge: 5 Principles To Transform Your Relationship with Money, by Ted Klontz, Brad Klontz, and Rick Kahler, 2008.

Research:

The Sentimental Savings Study: Using Financial Psychology to Increase Personal Savings, by Bradley T. Klontz, et. al, Journal of Financial Planning, 2019.

A Financial Psychology Intervention for Increasing Employee Participation in and Contribution to Retirement Plans: Results of Three Trials, by Edward J. Horwitz, Bradley T. Klontz, and Faith Zabek, Journal of Financial Counseling and Planning, 2019.

Money Disorders and Locus of Control: Implications for Assessment and Treatment, by Colby Taylor, Derek R. Lawson and Bradley T. Klontz, Journal of Financial Therapy, 2017.

The Wealthy: A Financial Psychological Profile, by Bradley T. Klontz, et. al, Consulting Psychology Journal: Practice and Research, 2015.

How Clients’ Money Scripts Predict Their Financial Behavior, by Bradley T. Klontz and Sonya L. Britt, Journal of Financial Planning, 2012.

Money Beliefs and Financial Behaviors: Development of the Klontz Money Script Inventory, by Bradley T.  Klontz, et. al, Journal of Financial Therapy, 2011.

The Framing of Decisions and the Psychology of Choice, by Amos Tversky and Daniel Kahneman, Science, January 1981.


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