The Psychology of Money and How the Wealthy Really Live with Dr. Brad Klontz [Ep63]

Dr. Brad Klontz is on the show talking about the intersection of financial psychology and financial planning which is endlessly fascinating.

Dr. Klontz shares how financial trauma and money beliefs can be passed down through generations and his research on the effectiveness of financial education versus more of a visual, coaching, behavioral finance approach.

He also discusses his research on the psychology behind the ultra wealthy versus the middle class and his passion for changing the false messaging on social media about how the wealthy really live.

We wrap up talking about a few of his books, the Certified Financial Behavior Specialist designation through the Financial Psychology Institute and listen until the end for his final words on the lifesaving power of financial planning.

Links, transcript and timestamps at https://innovatingadvice.com/post/episode63.

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