Money Mammoth - by Brad Klontz & Edward Horwitz & Ted Klontz (Hardcover)

About the Book

"Financial Psychology is the study of how our beliefs about money impact our financial behaviors, both good and bad. Emerging research in the field of Financial Psychology tells us that underlying Money Scripts, developed at younger ages and handed down from our parents, form our financial beliefs and drive most of our money behaviors. Additionally, we also know that most financial decisions are made at the emotional and subconscious level, which we then reconcile rationally. Beyond the cognitive psychology of Behavioral Finance, Financial Psychology goes deeper into leading research to understand both our cognitive and subconscious beliefs about money. Financial Psychology and financial services industry experts, Dr. Brad Klontz and Dr. Ed Horwitz, help you understand and unlock those deep-seeded beliefs to overcome your issues with money, and finally feel good about taking control of your financial futures"--

Book Synopsis

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.

From the Back Cover

Improve your relationship with money in this approachable, one-stop, personal finance resource

Do you struggle with your personal finances? Do you spend (or save) too much? Do you struggle with your money relationships and communicating about money issues with your children, parents, or spouse? Money Mammoth offers you a fresh and effective approach to managing your money. Incorporating lessons from psychology, behavioral economics, and financial planning, the distinguished authors lay out a step-by-step plan to understanding your financial behaviors and changing them for the better. The book is a must-read for anyone who desires to improve how they save, spend, share, donate, and invest money.

Full of applicable strategies and concrete, real-life advice for everyday spenders and savers, Money Mammoth shows readers how deep-seated evolutionary and psychological roadblocks can subtly interfere with their best financial intentions. The book goes on to describe how to overcome those roadblocks, using tried-and-true behavioral tricks to change your negative practices into positive ones.

Written for anyone who hopes to reboot their relationship with money and for those who just need to brush up on the basics of responsible financial behavior, Money Mammoth is also ideal for those with a curiosity about the intersection between psychology, economics, and personal finance.

About the Author

BRAD KLONTZ, PSY.D, CFP, is a Certified Financial Planner and a financial psychologist who helps individuals and families understand their views about money. He is Associate Professor of Practice in Financial Psychology and Behavioral Finance at Creighton University's Heider College of Business.

EDWARD HORWITZ, PHD, CFP, FBS, is a Certified Financial Planner and a Financial Behavioral Specialist with expertise in financial planning, risk management, and creating financial psychology solutions for organizations. He is an Associate Professor of Practice at Creighton University's Heider College of Business and holds the Mutual of Omaha Chair in Risk Management.

TED KLONTZ, PHD, is Associate Professor of Practice in Financial Psychology and Behavioral Finance at Creighton University's Heider College of Business and a founder of the Financial Psychology Institute.