Tuesday, November 16th, 2010 by editor
I had such a positive reaction to last week’s blog that I decided to continue the conversation about what it takes to accumulate and use wealth wisely.
In the American culture, we have been programmed and doomed in a way to desire and have the stuff wealth can buy. With that cultural habit comes the task and obligation of trying to figure out what to do with it once we have it. Read the rest of this entry »
Posted in Uncategorized, couples, couples' money, empowerment, financial management speaker, house purcase, money, money management, personal financial consultant, personalities, personality, psychology, retirement, savings, spending, wealth, wealth management, wealthy, women, women and money, women and wealth | No Comments »
Sunday, June 20th, 2010 by editor
Moral dilemmas are not easy. They make us get in touch with what’s most important to us and how we will make choices based on our values of right and wrong.
As a psychologist specializing in money management, I have worked with children and families on this issue and have been fascinated with how people of all ages justify what they do. The psychologist that is the grandfather of psychological studies on morality and moral judgments is Kohlberg. What he learned over the years is that there are stages of moral development and critical thinking which allow people to make appropriate decisions for themselves, their needs and causes in relation to what’s good and appropriate for society at large. He learned that there were people who made decisions based on the absolute of right and wrong, but many others who used their own barometer of what was right and wrong for them. People will do what they feel they need to do and justify it according to what was most important in their individual situation, but not all. So just like so many other variables in life, we humans differ on the morality scale as well. Read the rest of this entry »
Posted in Uncategorized, budget, control, couples' money, house purcase, investing, investment, money, money management, personality, psychology, retirement, savings, spending, wealth management | 2 Comments »
Monday, October 19th, 2009 by admin
Joanne and Peter have been married for three years and have just started to deal with the reality of blending their money and making joint decisions. Planning to buy their first house has forced them to face the fact that there are conflicts they’ve been avoiding–conflicts because they have very different opinions and styles of approaching money. Read the rest of this entry »
Posted in house purcase, make money, marriage, personality, savings, spending | 1 Comment »