Financial psychology is the study of why we do what we do with our money. It is a broad field that encompasses the cognitive, social, emotional, and cultural factors that come into play when ...

Financial planning continues to become more holistic in its approach by looking at all aspects of a client’s life—not just their finances. And as this trend continues, financial psychology ...

Growth In Financial Planning Profession Impacts Use Of Financial Psychology The number of CFP professionals worldwide surpassed 200,000 by the end of 2021 and has reached the highest number ever.

Financial psychology is an emerging field in psychology that is seeking to fill the gap and break down those barriers. It seeks to combat financial stress of clients in two ways.

Many advisors believe they are integrating financial psychology practices by establishing rapport with clients, using reflective listening, and discouraging hasty decisions and herd mentality.

Financial psychology, therapy and counselling are all about creating a space to reflect. That practice, in turn, brings about the self-awareness needed to recognize how aligned or misaligned our ...

The Psychology of Financial Decision-Making: Cognitive Biases in Money Management. Story by Kimberly Zhang • 1w. Managing ...