Money Mammoth

Harness The Power of Financial Psychology to Evolve Your Money Mindset, Avoid Extinction, and Crush Your Financial Goals

Brad Klontz, Edward Horwitz, Ted Klontz

• Publisher: Wiley
• Year: 2020
• Print ISBN: 9781119636045
• eBook ISBN: 9781119636052
• Edition: 1
• Topic: Personal Development
• Subtopic: Personal Finance

A look at the psychological barriers to financial success and how to create a better financial future

When it comes to our relationship with money, we are in the Stone Age. Despite the relentless barrage of information and warnings from financial experts, the average American is in terrible financial shape. It turns out that human beings are just not wired to do the right things around money—such as saving and not overspending. That's why financial success is so difficult to attain. When it comes to our financial instincts, we are no more evolved than our ancestors who hunted the Woolly Mammoth 400, 000 years ago.

Recent findings from the field of financial psychology could help the many Americans who know what they need to do but just can't seem to make it happen. If you fall into this category, consider Money Mammoth: Evolve Your Money Mindset and Avoid Financial Extinction.

This book looks at financial well-being from a psychological and evolutionary perspective. It reveals the obstacles that prevent people from taking their first critical steps towards financial wellness. It examines how our instincts and beliefs about money influence our financial behaviors. It explores money beliefs, how they develop, and how they drive our money behaviors

As the world's leading experts in financial psychology, authors Dr. Brad Klontz, Dr. Ed Horwitz, and Dr. Ted Klontz can help you:

• Discover how the experience of your ancestors are impacting your finances
• Understand how your friends, family members, and tribe may be holding you back
• Overcome mental roadblocks to wealth and success
• Harness the power of your emotional brain to transform your relationship with money
• Build confidence in your ability to take control of your financial future

In Money Mammoth, the authors reveal the secrets to harnessing the power of your psychology to reach your financial goals.

Index

• 401(k) plan, 97, 221, 225
  • employee change, motivation, 169
  • employee delivery approaches, 170–173
  • employee retirement plan meetings
    • messaging, importance, 168–169
    • redesign, example, 164
  • employee study, 171
  • employer matching, 112
  • engagement, 163
  • facilitation script, 171
  • meeting, intervention, 172
  • option, 182–183
  • participation, 105
• 403(b) plan, 221

• A
• Action (behavioral change step), 162, 202
• Active listening, usage, 188
• Activities of daily living (ADLs), 218–219
• Adaptation, extinction (contrast), 227–230
• Adrenaline, impact, 79, 83, 89, 234
• Adult financial matters, children (involvement), 16
• Adult relationships, children (presence), 194
• Affiliation, identification, 64–65
• Affluence, signs, 102
• Affluenza disease, 25
• AIDS epidemic, 124–125
• Allowances, teaching opportunity, 36–38
• Americans, tribal affiliation, 64
• Ancestor room, historical example, 4–6
• Ancestors, 3
  • sharing, 8–9
  • wealth, absence (causes), 7–8
• Ancestral flashpoints, 117–119
• Ancestry room, contents, 6–7
• Anderson, Adam K., 8
• Anthropology, 13–15
• Anti-hoarder bias, 87
• Antisocial hoarding, 86
• Asset protection, 209–213
• Auto ...

Table of contents

• Cover
• Table of Contents
• Title Page
• Copyright
• Dedication
• About the Authors
• Foreword
• Introductionintroduction
• SECTION I: YOUR ORIGINS
• SECTION II: YOUR ADAPTATIONS
• SECTION III: YOUR EVOLUTION
• Index
• End User License Agreement