Have you ever heard about lottery winners who quickly spend all their winnings or athletes earning millions but struggling to pay taxes? You might find it surprising, thinking, "If I had millions, I'd be set for life!" But would you really?

We all have financial comfort zones or a level of wealth w...

Last time we delved into the fascinating realm of neuroplasticity, unravelling the intricacies of our brain’s ability to transform and adapt through experiences that push us beyond our comfort zones. Now, let’s explore how can we use this concept to reshape our behaviours around money and finances.

A Financial Psychology Assessment utilizes a structured series of exercises and probing questions to delve into the underlying reasons behind a client's financial decisions.

This assessment not only helps to reveal any biases and thought processes that may be influencing their financial choices but...

Financial Flashpoint is a term I learned when I was taking my MBA in Financial Psychology and Behavioural Finance. It is a term coined by one of my professors, Dr. Brad Klontz. (FYI, follow Dr. Brad on TikTok and YouTube, his posts are great!)

Financial Flashpoints are emotionally charged events th...

In the field of finance, the term “Behavioral Finance” has become increasingly popular. This area of study delves into the impact of psychological factors on the financial markets. However, it is just one part of a broader field called Financial Psychology.