The Psychology of Wealth

Description

This course presents the findings of a groundbreaking study on the psychology of wealth, revealing 7 surprising secrets of the ultra-wealthy. The study was conducted by the instructor, Dr. Brad Klontz, and Paul Sullivan of the New York Times. In the context of the study, this course introduces research on the psychology of money and explores why we are wired to do everything wrong in our financial lives. It challenges some commonly held myths about the wealthy that can keep people poor. Specifically, this course examines the financial psychology, demographics, and financial behaviors of a sample of wealthy individuals and a sample of middle-class individuals, and compared these characteristics to see what, if any, differences exist. Results of the study found that wealthy individuals exhibited significant psychological differences and some surprising financial behaviors. The results also challenged some A deeper understanding of the psychology of wealth can help individuals aspiring to increase their income and net worth by challenging inaccurate beliefs about this population’s psychology and financial behaviors.

NOTE: The study was published in the American Psychological Association’s Consulting Psychology Journal: Practice and Research (2015): The Wealthy: A Financial Psychological Profile by Dr. Brad Klontz, Paul Sullivan, Martin Seay, & Anthony Canale.

What You Will Learn!

• Why we are crazy when it comes to money.
• Myths about the rich that can keep you poor.
• The money mindsets and financial habits of the wealthy.
• What separates the middle class from the ultra-wealthy.
• Results of a ground-breaking study on the psychology of wealth (conducted by the instructor).

Who Should Attend!

• People who want to improve their financial health.
• People who want to understand their own financial psychology.
• People who want to change their family legacy around money.
• People who want to climb the socioeconomic ladder.

TAKE THIS COURSE