Wealth Psychology Blog2021-02-17T12:23:48+00:00

Your parent’s money attitudes interfere with your success

Our relationship with money starts in our childhood. Our parents and others cause us to form unconscious beliefs, “money narratives”, as we grow up. These stay in our unconscious and drive our success later. Many people feel concerned and experience anxiety due to Corona pandemic. This is not surprising. It touches upon our own survival instincts in the face of uncertainty.

Three Ways to Tackle a Financial Downfall

With the continued spread of the Coronavirus putting our oldest and most vulnerable at risk and with more and more of the world’s economy being shut down because of the virus mental health and finance has been brought to the fore. Many people feel concerned and experience anxiety due to Corona pandemic. This is not surprising. It touches upon our own survival instincts in the face of uncertainty.

Three Healthy, Empowering Ways to Think About Money in Uncertain Times

Worried about family wellbeing or financial consequences because of the Coronavirus? Financial uncertainty can slam at you at any point in your life. Here are three empowering ways to think about money when you are passing through a difficult time.

CORONAVIRUS: FINANCIAL UNCERTAINTY IN TIMES OF CRISIS

How can you understand and deal with the feelings that are evoked due to financial uncertainty? With the continued spread of the Coronavirus putting our oldest and most vulnerable at risk and with more and more of the world’s economy being shut down because of the virus, mental health and finance has been brought to the fore. Many people will start, or have already started, feeling concerned or anxious as the shutdown progresses. This is not surprising. It touches upon our own survival instincts in the face of uncertainty. Financial uncertainty, crisis or loss can be like grief, and when we grieve there is no right way to do so. [...]

Coping with stressful times

How can people overcome emotional stress? With the continued spread of the Coronavirus and more and more of the world being shut down, mental health has been brought to the fore. Staying at home not being able to work, or not as much as before, leaves almost everyone with some feelings of discomfort. Most people are not used to dealing with such a situation. There is a lot of uncertainty about what to do, or about what is right and what is wrong. Some people are left confused causing increased levels of emotional stress. Thus, during this time it is important to understand the following psychological law: the past is [...]

How do you reduce stress during times of financial uncertainty?

How do you reduce stress during times of financial uncertainty? Many people feel concerned or experience anxiety due to Corona pandemic. Worrying about what will be, what if, what to do, how will they manage, and more…This is not surprising. The financial uncertainty and the shutdown touches upon our own survival instincts in the face of uncertainty. We are conditioned to respond to stress. When our mind perceives ‘threat’ our body’s “fight-or-flight” response system will kick in. This is a built-in mechanism that we are born with. Our modern time constantly bombards us with stressors, and our body misinterprets them as threats. Consequently, we may constantly feel on edge, causing our mind to [...]

Finance and wellbeing when dealing with the Coronavirus

With the continued spread of the Coronavirus putting our oldest and most vulnerable at risk and with more and more of the world’s economy being shut down because of the virus mental health and finance has been brought to the fore. Many people feel concerned and experience anxiety due to Corona pandemic. This is not surprising. It touches upon our own survival instincts in the face of uncertainty.

How can you help your children during Corona pandemic?

During this time it is important to remember that parents should not implement rigid schedules or that routines need to be exactly the same, but rather, some regular routines should be created and maintained at each household. It is also vital to communicate with your children on a consistent basis with what is happening (age appropriate) and what they should expect. This will provide them with a sense of calm and constancy that may be valuable during this period.

Affluenza and Wealth Psychology: When Your Spouse Spends Too Much…

Client: “My husband and I both come from families of wealth and are lucky not having to had to work beyond managing the incomes our parents had created for us. In the five years we’ve been married we’ve traveled extensively, done philanthropic work – just this year, started a family. But there’s a threat to our lifestyle that I’m worried about: my husband’s need to always have the latest and the best material things. It isn’t just unseemly to me, the costs are getting out of hand and could undermine our core finances. How can I help him to resist the pressure of keeping up?” […]

SIGN UP TO GET THE LATEST BLOG POSTS AND NEWS

    CONTACT

    Phone: US +1.310.626.0218
    UK + 44.20.7467.8300
    Email: pa@drlami.com

    Go to Top