5 Ways to Trick Your Brain and Build Your Wealth
By Liz Weston
September 30, 2014
Woman-laughing-on-sofa-during-therapy-session_webCredit iStock
Understand the Psychology of Spending
Sadly, our brains aren’t wired to make us rich. Thanks to evolutionary quirks in how we view the world and make decisions, behavioral economists tell us we often do exactly the wrong thing when it comes to money and accruing long-term wealth (such as with our savings accounts, our retirement accounts and sticking with budgets).
Don’t despair, though. There are plenty of ways to either short-circuit our mental foibles or even use them to our advantage so we can still come out rich. Here are five mental patterns that make us poorer — and how to overcome them.
Read more on DailyWorth: www.dailyworth.com/posts/...ke-you-poor#ixzz3EpyNaWBE
Poster Comment:
Give it a shot. We all need more wealth. ;)