Archives for 2011

Money Habitudes in Catholic School Classes

Where: Immaculate Heart Academy, a Catholic college prep high school in Washington, NJ What: Piloted Money Habitudes cards in psychology and finance classes Who: Stephanie Licata, campus minister Mary Liz Fuhrman, guidance counselor and psychology teacher Students: primarily seniors Why: In the psychology class the cards kicked off a unit on stress. In the finance class […]

Can money make you happy?

This is a topic that seems to get revisited every year around Black Friday and the holiday shopping season: Can money buy happiness? This recent iteration from The Oklahoman has Bill Sones and Rich Sones writing that: While it’s true the wealthy are happier than the poor and wealthy countries are happier than poor ones, […]

CFSI’s Underbanked Solutions Exchange: Innovation & Consumer Insights

The Center for Financial Services Innovation (CFSI) is really well respected in the field of unbanked and underbanked financial services. An interesting quote in advance of the meeting that highlights the role of habits and attitudes in relation to serving underserved financial populations: “During the Underbanked Experience, Exchange participants will put themselves in the shoes […]

9 Money Questions Before Marriage

In her “Top 9 Money Questions to Ask Your Partner Before You Get Married,” Maria Lin (@marialinnyc) says: “Before marriage, all kinds of lovely conversations ensue: How many kids? What should we name them, Jayden or Hayden or Payden? Where should we live, Paris or Wyoming or Sao Paolo? Beach house or woodsy cottage? Dog […]

Bank On It: Thrifty Couples Are The Happiest

Findings from Bank On It: Thrifty  Couples Are The  Happiest: Newlywed couples who take on substantial consumer debt become less happy in their marriages over time. By contrast, newlywed couples who paid off any consumer debt they brought into their marriage or acquired early in their marriage had lower declines in their marital quality over […]

Can’t Buy Me Love: Materialistic Couples Have More Money, Problems

From the Journal of Couple & Relationship Therapy … Scholars at Brigham Young University studied 1,734 married couples across the United States. Each couple completed a relationship evaluation, part of which asked how much they value “having money and lots of things.” The researchers’ statistical analysis showed that couples who say money is not important […]

5 Financial Mistakes That Ruin Your Marriage

In this article, Nancy Anderson, a Forbes contributor, identifies the “5 Financial Mistakes That Ruin Your Marriage” as: Materialism – valuing “things” or money over the relationship. Having conflicting money values. Adopting traditional roles when they don’t fit. Having opposing money styles. (It is not uncommon to see financial opposites attract one another.  Couples often have […]

Trending Topics in Psychotherapy: Money, Politics, & Couples

Dr. Nando Pelusi, contributing editor to Psychology Today magazine and a licensed clinical psychologist with a private practice inNew York City, continues with this November series on what’s trending in therapy. This week: money, politics, and couples. An interesting discussion about how the economy reveals implicit assumptions about money between couples.

Kahneman TED talk

A TED talk with behavioral economist Daniel Kahneman on “Experience vs. memory” On a related note, this recent story, “Behavioral Economics Foils an Obama Tax Cut?” from Bloomberg BusinessWeek mentions an early experiemtn done by Kahneman and Amos Tversky: They presented people with a scenario: As you enter a theater, you realize you have lost […]

Money Attitudes in Basketball

From, Tom Haberstroh’s “The predictably irrational NBA lockout” takes a look at how emotions around money come into play in basketball as seen in the NBA lockout… Ariely interpreted this phenomenon as an example of the endowment effect, an imperfection of the human mind that causes people to believe the things they possess are worth more […]

Money Personality Types: Palmer, Koh

We use six Money Habitude types (in a fun and easy-to-use hands-on card game format) to help people better understand how they relate to money and to better comprehend the role it plays in their lives (and the lives of those around them), but some other systems use different personality typing methodologies. Scott and Bethany […]

Financial Checklist Before Getting Married

Jenna Goudreau (@Jenna_Goudreau) presents a “Financial Checklist Before Getting Married” in Forbes. “Finances have long been a trouble area in marriage,” says Julie Murphy Casserly, author of The Emotion Behind Money, “and the current economic crisis is stretching even more people to the emotional breaking point.” In fact, in a pioneering survey conducted last year, […]

Kahneman’s New Way to Think About Thinking

Writing in “The Anti-Gladwell: Kahneman’s New Way to Think About Thinking” in The Atlantic, Maria Popova (@brainpicker) calls psychologist (and Nobel laureate and founding father of modern behavioral economics) Daniel Kahneman “one of the most influential thinkers of our time … his work has shaped how we think about human error, risk, judgement, decision-making, happiness, […]

Financial literacy programs don’t work?

In a not-subtle article in MarketMatch, Paul B. Farrell, asserts that: Financial-literacy programs are getting popular again. Warning: They don’t work. Maybe for 7% of us. But for the rest of Americans, they are a big waste of your time, and your money. There may be some truth in financial literacy programs aren’t as effective […]

Women’s Wealth Workshop: Your Psychology and Money

This article about a three-part series about financial issues specifically geared toward women (with a focus on how our beliefs impact our decisions) speaks to a number of financial planners and therapists who use Money Habitudes to combine psychology and money in engaging, interactive, low-risk presentations and community workshops for groups. We now see more […]

Divorce, Marriage, Money and Mementos

As if there was any doubt that the intersection of money and relationships is and emotional one, this article lists some sad but somewhat funny anecdotes about money and divorce settlements as related by divorced writers. They reveal which treasured mementos they salvaged from their broken marriages… As if the emotional pain is not enough, […]

Dan Ariely: Money, Making Decisions, and Emotion

Hard to ignore advice from behavioral economist Dan Ariely: When it comes to making decisions, using emotions is likely to be unsuccessful or lead us astray …

Thinking like a Woman: An Edge in Trading?

In a recent post on Forbes, contributor Doug Hirschhorn (@DougHirschhorn), who uses sport psychology to coach elite traders on Wall Street, posits that thinking like a woman may give you an edge in trading. Hirschborn says: I believe women, in many ways, are able to be very successful in occupations that involve the combination of […]

Money: more taboo than sex, religion or political affiliation

Something we hear an awful lot from therapists and couples is echoed in this post for a lecture by Aaron Kipnis, Ph.D., a clinical psychologist in Santa Monica, CA: Money is a subject often more taboo than sex, religion or political affiliation. The myriad money complexes both clients and therapists bring to the consulting room […]

Unbanked, Underbanked, Pew Report and

Some interesting news as of late in the unbanked and underbanked world: Arjan Schutte (@arjanschutte) of Core Innovation Capital and CFSI estimate: people who don’t rely on banks for their financial needs spend $45 billion in fees and interest, alone.  This is for services such as check cashing, remittances, rent-to-own, title lending, prepaid cards, walk-in […]

Money, Marriage and Stress: The View from Ireland

Not really a surprise to see this headline out of Ireland, but interesting to see the global reach of money issues in marriage: Money worries biggest cause of marital distress: Stress: Families feel pressure of rising bills THE majority of struggling relationships are under pressure due to financial concerns, new research has uncovered. Counselling service […]

Kardashian Wedding, Prenups and Talking About Money

After the 72-day marriage ended in divorce, celebrity watchers are speculating about whether Kim Kardashian’s wedding to Kris Humphries, was a made-for TV hoax. Yet the marriage-and-divorce coverage still highlights an issue common to less grandiose weddings: not really knowing your fiancé(e) before getting married and avoiding talking about money before entering into a bond […]

Marriage, Divorce and the Cost of Not Talking About Money

A new article by personal finance expert Erica Sandberg talks about “Six Money Tips For Late-in-Life Divorces.”  Tips for exiting an extended marriage include: Employ a lawyer, judiciously. Create a “Now I’m single” budget. Prepare for merged debt. Plan to spend your settlement carefully. Be house smart. Discuss your finances with trusted loved ones. Not […]

Gallup-Operation HOPE Financial Literacy Index (GOHFLI)

The initial GOHFLI results demonstrate that the hypothesized link between student success outcomes and financial literacy is a strong one and leaders must work to strengthen all the elements of a student’s success: hope, engagement, wellbeing, and financial literacy.   Ten additional questions were added to the Gallup Student Poll in October 2010 that specifically […]

Exhibitors and Free Financial Education Curricula

There were about 40 other exhibitors at the Jump$tart National Educator Conference in DC this weekend. Many were old faces, such as Advantage Publications, which makes the popular financial calculators. A few newer folks included: Moonjar, with a neat habit-inducing product to teach kids to save, spend and share; Lucas Remmerswaal’s 13 Habits that underline […]

High School Tools for Financial Education

A few more thoughts from the third annual Jump$tart National Educator Conference … I sat in on a workshop session about high school financial education tips, which featured a few programs and presenters – and a very full room of teachers. Lekeshia Frasure from FDIC presented the agency’s Money Smart curriculum. A comprehensive program, it […]

Jump$tart National Educator Conference

Just back from exhibiting at the third annual Jump$tart National Educator Conference in Washington, DC. The event was attended by a few hundred teachers from all but six of the United States (Alaska and Hawaii one can understand, but Georgia didn’t make it?). It was sponsored by Experian and Wells Fargo Foundation and offered in […]

Common Money Mistakes Parents Make: Talk to Your Kids

A good recent article (in which Syble is quoted) this month in Delaware Moms magazine says that: The most common mistake parents make with money and their kids is not communicating honestly about finances. This can run the gamut from completely avoiding discussions about money, budgets and financial decision-making, to communicating incompletely about the topic. […]

Money Habits and Attitudes

Money is not a topic we like talking about. Many people say they find it easier to discuss sex. It’s a topic tied up in a lot of emotions. How we relate to money is often tied to other big, hut-button issues like self-esteem, independence, success, love, generosity, stability, etc. In addition to being a […]

Talking About Money in Continuing Education Workshops

Who: Kelly Chicas, a Board Certified, Licensed Professional Clinical Counselor (at Albuquerque Family Counseling) and Lisa Johnson, PhD, LMFT in Albuquerque, New Mexico Situation: Workshops for community agencies and general audiences to provide educational information and introduce therapists in a non-threatening setting. What: “The Wealth Within: Mastering Your Money Personality” was held at the University […]

Northeastern University

Northeastern University

2011 Marriage-Building Construction Zone

National Association of Catholic Family Life Ministers presents the 2011 Marriage-Building Construction Zone International Conference

Iowa Jump$tart Statewide Financial Education Conference

Better Marriages Fiesta

Better Marriages Fiesta Join us July 7-10, 2011 for the Better Marriages Fiesta (previously called International Marriage Enrichment Celebration) in Albuquerque, New Mexico! Join hundreds of other couples from around the world committed to growth in marriage. The Fiesta is truly a Celebration of Love for pre-married couples, newlywed couples and long-time married couples. It […]

NARME – Healthy Marriages, Healthy Families Conference

National Association of Relationship and Marriage Education 1st Annual NARME Conference Healthy Marriages Make Healthy Families

AFCPE Annual Conference

2011 AFCPE Annual Conference Association for Financial Counseling Planning Education November 16-18, 2011 Hyatt Regency Jacksonville – Riverfront 225 East Coastline Drive Jacksonville, FL 32202

2011 NCTC National Conference

The National Community Tax Coalition (NCTC), a vast, vibrant network of community-based organizations dedicated to securing a sound financial future for America’s low-income families, will address the challenges and opportunities for the future at its biennial conference, June 7-9 at the Hyatt Regency Hotel in downtown Chicago. Each year, the community tax and asset-building field […]

University of Tennessee Extension Conference

University of Tennessee Extension Conference: Tough Times … Tough Choices Knoxville, TN  

NC Jump$tart

BOLD Points to Success Program