Finances and... Mental Accounting

Have you ever wondered why you think about money in certain ways? How come it's more painful to lose some money but not others? Why doesn't it feel twice as good to make $2,000 dollars than $1,000? Let us help you understand why.

We'd like to thank John Nofsinger and his book The Psychology of Investing

Mental Accounting infographic

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Grab your copy of the companion book Finances and… Your Spending Planner Workbook on Shopify to keep track of your spending, net worth, and plan for your future!

You can watch these episode on my YouTube channel as well.

Seeking financial counsel? Check us out at Capitalcoaching.net and see how we can provide financial coaching with a personal touch.

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