Money can be emotional. Understanding how and why we make $$$ decisions can help you make smarter ones.
What you'll learn:
Why your brain is (we hate to break it to you) wired to make bad money decisions
How to trick yourself into creating good financial habits
Tips for boosting your financial confidence
What else you'll get:
Pre-course work to get you ready for class
Live Q&A session with Marsha Barnes
Speaker:
Marsha Barnes
CEO and founder, The Finance Bar
Marsha Barnes is a sought after Certified Financial Social Worker, Financial Educator and Personal Finance Commentator. Marsha has been recognized as a Female Tech leader by Digital Finance Institute for her ability to create innovative and accessible financial resources. She was also named as Go Banking Rates Best Money Expert in the Building Net Worth Category.
Marsha currently serves as the Official Brand Ambassador for FICO.
Psychology of Money Pro Tips:
Nickname your savings.
Some inspo: Oh Sh*t Fund, Treat Myself, Hot Wheels. Naming your savings can help you build an emotional connection to your goal. And that’s the key to making real progress.
Identify your mental biases.
They can cost you if you don't tell them who's boss. Example: Loss aversion – aka feeling more pain from losing than joy from winning – might make you fear stocks. Overcoming that may help you hit your goals sooner.
Automate and chill.
Autopilot can make paying bills, saving, and investing easier. And the easier you make good money habits, the more likely you are to keep them up.
Phone a friend.
Buddying up with someone who’s working on similar goals can help you reach yours. Pick a pal who’s also trying to step up their money game. Then cheer each other on (from a distance).