As the old saying goes, personal finance is ‘mostly personal and a little bit financial.’
Long-term growth and success rely more on our habits and behaviors than on complex knowledge and advanced strategies. Learning a few key points on the psychology of money can go a long way to building the right mindset for prosperity.
Let’s look at a few far-reaching psychological concepts that play an outsized role in our financial lives, including some of the biases and fallacies that can point us in the wrong direction.
8 Crucial Money Psychology Concepts
This post appeared at Invested Wallet.