- Hardcover: 256 pages
- Publisher: McGraw-Hill Contemporary (1 Jan 2012)
- Language English
- ISBN-10: 0071789294
- ISBN-13: 978-0071789295
- Product Dimensions: 23.1 x 15.5 x 2.8 cm
- Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)
- Amazon Bestsellers Rank: 392,113 in Books (See Top 100 in Books)
The Psychology of Wealth
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Product Description
Review
An engaging & insightiful look at the correlation between inner riches and its manifestation as financial wealth...a very entertaining read.
--Wealth Briefing, 1 March 2012
--Wealth Briefing, 1 March 2012
Product Description
The New York Times and Wall Street Journal bestseller!
“The Psychology of Wealth is a pertinent and comprehensive overview of the skills and mindset necessary for success. Prosperity can be achieved by anyone, and Dr. Richards shows the way.”
—Donald J. Trump
“What’s in your head determines what’s in your wallet. Dr. Richards gives you the mental hard-drive upgrade you need to finally achieve the greater prosperity and success you desire.”
—Darren Hardy, Publisher, SUCCESS magazine
“Dr. Richards shakes up our preconceptions about wealth by examining the psychological aspects of how we relate to money. When you understand the real sources of wealth in your life, you’ll find it much easier to achieve a more prosperous and happy life.”
—Jordan E. Goodman, America’s Money Answers Man at MoneyAnswers.com and Author of Master Your Money Type
“This might be one of the most important books you’ll ever read. If you feel like your life has been stuck in neutral—or even worse, put in reverse—Dr. Richards will set you on a clear path to success.”
—Barnet Bain, Producer, What Dreams May Come
About the Book:
Why do some people feel a perpetual state of lack and fear about money, while others feel genuinely prosperous, regardless of the size of their bank accounts? Why do some people shudder with dread when it comes to setting financial goals, while others embrace it with enthusiasm and confidence?
What makes the difference? Could it be in their relationship with money itself?
People who enjoy a healthy relationship with money share common habits and traits. So, how do they think, and what do they do differently? Are these behaviors hardwired in an individual’s psyche, or can they be learned?
In this provocative book, psychotherapist Dr. Charles Richards provides unexpected and encouraging answers to these questions. Based on his research and expert interviews, Dr. Richards shows how each of us can develop a thriving relationship with money and create a rich and rewarding life.
A t the book’s heart are the stories of people who have faced adversity with courage and created extraordinary lives. Their accounts—along with Dr. Richards’ interviews with finance professors, legislators, entrepreneurs, and mavens of success—pave a path to a brighter future for us all.
Today we live in a trying economic environment. Every day, popular financial advisors exhort us to hunker down, play it safe, and protect ourselves from an uncertain future. To the voices who promote fear and doubt, Dr. Richards answers with balance, wisdom, and optimism.
The Psychology of Wealth is for anyone interested in succeeding personally or professionally, and in achieving true prosperity. It offers golden steps on the path to a better life.
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Customer Reviews
Most Helpful Customer Reviews
Format:Kindle Edition
It's a rather good book exposing the psychological disposition most inclined to handle money well, both when you have a lot of it, and when you have very little of it. It also claims that this can be learned. The book seems very interesting. The sample highlighted the importance of confidence in one's own abilities, and claimed that the only failure we can commit is to avoid trying. To try and fail is not failing, but not trying again is.
Check it out - it definitely helps to read a confirmation of what we both know. That you do not need a good starting position in life to do well. It doesn't just claim that. What is more, it explains the reasons behind it so that we may understand it better.
Check it out - it definitely helps to read a confirmation of what we both know. That you do not need a good starting position in life to do well. It doesn't just claim that. What is more, it explains the reasons behind it so that we may understand it better.
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
60 reviews
45 of 50 people found the following review helpful
Take Control of Your Life
17 Jan 2012
Format:Hardcover
I accepted an advanced copy of this book to help me understand why so many people are terrible with their money.
The Psychology of Wealth by psychotherapist Charles Richards attempts to explain how, through consciously understanding our relationship with money, we can become prosperous. This book is written from a psychologist's point of view and puts change in ones behavior squarely on the individual.
Richards defines the psychology of wealth as a sense of comfort and control in ones relationship with money. How individuals spend/borrow money is a complex issue and is a result of many factors...this book illustrates how to become conscious of your spending/borrowing habits and to act accordingly.
It was the 2008 economic crises that got the author thinking about money...he interviewed many successful people in different careers to help him understand what common qualities prosperous people possess. People who possess the "Psychology of Wealth" have the following attributes:
Self esteem
Responsibility
Determination
Achievement
Furthermore, Richards blames "unconscious spending" and behaving inconsistently for getting so many people in trouble financially.
The answer, according to Richards, is that healthy people deal with money consciously. They take responsibility for their spending. (This means that back a decade or so ago, when almost anyone could get a mortgage, the responsible person would say "no" if they couldn't afford it.)
Responsible people, in short, are adults taking charge of their lives. They educate themselves and understand what they can or cannot afford.
Pretty simple stuff...but it all makes sense. In my experience with people who spend more than they can afford, they do so because they feel "entitled."
The whole issue of being "conscious" of what you are spending makes sense...as does the concept of being conscious in order to add prosperity into your life. With all the stimulus surrounding our hectic lives, being conscious of anything can be difficult. That said, I have helped my clients who want to change something in their lives--from finding love to wealth--with simple Feng Shui. The book I always recommend is HARMONIOUS ENVIRONMENT: BEAUTIFY, DETOXIFY & ENERGIZE YOUR LIFE, YOUR HOME & YOUR PLANET because it simply describes how to use a couple of objects to HELP you be conscious of bringing into your life what you desire.
Recommend.
The Psychology of Wealth by psychotherapist Charles Richards attempts to explain how, through consciously understanding our relationship with money, we can become prosperous. This book is written from a psychologist's point of view and puts change in ones behavior squarely on the individual.
Richards defines the psychology of wealth as a sense of comfort and control in ones relationship with money. How individuals spend/borrow money is a complex issue and is a result of many factors...this book illustrates how to become conscious of your spending/borrowing habits and to act accordingly.
It was the 2008 economic crises that got the author thinking about money...he interviewed many successful people in different careers to help him understand what common qualities prosperous people possess. People who possess the "Psychology of Wealth" have the following attributes:
Self esteem
Responsibility
Determination
Achievement
Furthermore, Richards blames "unconscious spending" and behaving inconsistently for getting so many people in trouble financially.
The answer, according to Richards, is that healthy people deal with money consciously. They take responsibility for their spending. (This means that back a decade or so ago, when almost anyone could get a mortgage, the responsible person would say "no" if they couldn't afford it.)
Responsible people, in short, are adults taking charge of their lives. They educate themselves and understand what they can or cannot afford.
Pretty simple stuff...but it all makes sense. In my experience with people who spend more than they can afford, they do so because they feel "entitled."
The whole issue of being "conscious" of what you are spending makes sense...as does the concept of being conscious in order to add prosperity into your life. With all the stimulus surrounding our hectic lives, being conscious of anything can be difficult. That said, I have helped my clients who want to change something in their lives--from finding love to wealth--with simple Feng Shui. The book I always recommend is HARMONIOUS ENVIRONMENT: BEAUTIFY, DETOXIFY & ENERGIZE YOUR LIFE, YOUR HOME & YOUR PLANET because it simply describes how to use a couple of objects to HELP you be conscious of bringing into your life what you desire.
Recommend.
25 of 27 people found the following review helpful
Advice anyone can use!
20 Jan 2012
Format:Hardcover
You won't find a financial plan here. There are no savings tips or quick financial fixes. Instead, it is a close up look at how we think and act in our pursuit of wealth.
Dr. Richard's style of writing is educating without being condescending. It is written in a way that anyone can understand, and the best part about his advice is that it can apply to anyone with a willingness to take an honest look at themselves, not just those that have financial training.
I also appreciated that the steps he recommends can be undertaken at any point in life, sending the clear message that it is never too late to begin doing better.
A timely and truly helpful book we should all take the time to read and learn from as we work to regain our economic footing.
Dr. Richard's style of writing is educating without being condescending. It is written in a way that anyone can understand, and the best part about his advice is that it can apply to anyone with a willingness to take an honest look at themselves, not just those that have financial training.
I also appreciated that the steps he recommends can be undertaken at any point in life, sending the clear message that it is never too late to begin doing better.
A timely and truly helpful book we should all take the time to read and learn from as we work to regain our economic footing.
35 of 41 people found the following review helpful
Must- have money book
17 Jan 2012
Format:Hardcover
This is best money management book as I have ever read until now.I finished it cover to cover without breathing today.There are lots of good stories in it.If anyone wants to know how we came to the these days he/she must read it.There are lots of advices in it. Highly recommended book.
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