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Don’t Be Fooled About Your Relationship With Money

Did you know our thoughts and beliefs about money are formed by the time we hit age six? Yes, can you believe it? At age six, we have already developed a belief system around money. And our belief system continues to stay with us as we mature—rarely being updated with the current times.

New Trends In Financial Empowerment: Teaching Children The Skills Of The Future

Empowerment is not about making large amounts of money, but rather about being in control of one’s finances, thus, in that way, alleviating some of the stresses that come as a natural part of one’s financial journey. These skills should be taught from a young age, in order to prepare future generations for financial success, rather than setting them up for failure.

Gamification: How mobile games can help you reach your financial goals

When we experience something pleasurable, like winning a prize, our brains produce a chemical called dopamine. We’re hard-wired to prefer pleasure over pain, says Syble Solomon, a specialist in financial psychology and creator of Money Habitudes, an online game that gives insight into different money personalities. So naturally, we’re motivated to do what we find satisfying.