Category: psychology
Even Adults Need Those “Look What I Did!” Moments
| September 28, 2012 | Posted by Roshawn Watson under Personal Finance, psychology |
Child: Look at what I did mommy! Mom: Wow, that’s nice dear…good job! It is funny how as we grow older, we outgrow many things such as bibs, recess, training pants, and naptime. However, one constant appears to be our need for approval. Even as adults, psychologists note that we have an overwhelming desire to […]
Why You NEED Blow Money
| September 20, 2012 | Posted by Roshawn Watson under Personal Finance, psychology |
By Roshawn Watson There’s an EPIC battle going on. The stakes have never been higher. Your very destiny hangs in the balance. Both sides have experienced warriors, and only ONE will emerge victorious. I’m speaking of the battle between your self-control and your desires. One of my biggest exposures to this conflict occurred when I […]
Does Wealth Reduce Compassion?
| September 7, 2012 | Posted by Roshawn Watson under Personal Finance, psychology |
By: Roshawn Watson Most of us are familiar with Scrooge, the wealthy businessman who is high on ambition but short on compassion. Unfortunately, Scrooge isn’t a fictional anomaly; businessmen are frequently depicted negatively in Hollywood. Michael Medved found that since 1970, businessmen have been portrayed as “villains” twice as often as “good guys.” Could there […]
Why Do We Worry About Money?
| August 30, 2012 | Posted by Roshawn Watson under Personal Finance, psychology |
By: Roshawn Watson Some of us regrettably major in worry. Worry is sometimes easier than picking ourselves up off the ground, scraping together good solutions, and having faith that things will work out. Although financial worries are very prevalent, particularly due to the economy, they are in no way innocuous. According to a poll on […]
Are You A Financial Liar?
| July 13, 2012 | Posted by Roshawn Watson under Personal Finance, psychology |
By: Roshawn Watson We often espouse honesty as an important societal virtue. We tend to agree that trust underscores our relationships, and lies erode that trust. The implications of lying extend beyond its effect on relationships though. Sometimes in the name of protecting ourselves, facts about our circumstances are conveniently distorted in order to make […]
Breaking Bad Financial Habits
| July 5, 2012 | Posted by Roshawn Watson under Personal Finance, psychology |
By: Roshawn Watson How often do we find ourselves in the same financial ruts over and over? With the best of intentions, we proclaim that we’ll never be in these positions again. Unfortunately, while the precise circumstances change, for the most part, history repeats itself. Our financial lives consist of patterns. That likely won’t change. […]
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