The Advisor's Guide to Money Psychology

The Advisor's Guide to Money Psychology

5.0 (1 ratings)
Business & Economics
Format Hardcover
Pages 244
Language English
Published Nov 21, 2002
Publisher Investment Advisor Press
ISBN-10 1878604422
ISBN-13 9781878604422
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Description

In a world where financial decisions often entwine with emotions, two experts, Olivia Mellan and Sherry Christie, delve into the intricate relationship between money and psychology. They explore how our beliefs and feelings shape our financial habits, revealing the subtle patterns that can affect both personal fortunes and the broader economy. Their insights emphasize that understanding these connections is vital for effectively guiding clients through their financial journeys.

Mellan and Christie offer practical strategies and tools designed for advisors to help their clients navigate the often turbulent waters of financial choices. By honing in on money-related emotions such as fear, guilt, and joy, they provide guidance on how to foster healthier financial behaviors. This approach aims to empower both advisors and their clients, creating a more harmonious interaction with money.

Drawing on their extensive experience, the authors underscore the importance of empathy and awareness in financial advisory roles. By promoting open dialogue about money psychology, they equip readers with the skills to support their clients with compassion and insight, making financial planning a more enriching experience for everyone involved.

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