The co-op bookstore for avid readers
Book Cover for: Loaded: Money, Psychology, and How to Get Ahead Without Leaving Your Values Behind, Sarah Newcomb

Loaded: Money, Psychology, and How to Get Ahead Without Leaving Your Values Behind

Sarah Newcomb

"Research studies over the past few decades reveal an interesting paradox: Lack of money is linked to depression, relationship problems, lower performance on difficult tasks, and even shorter life expectancy, yet just thinking about money can lead to antisocial behavior and reduce compassion. It would appear that money creates a lose-lose scenario: If you don't have it, your performance suffers, your relationships suffer, and you may die sooner. But, if you have great wealth, you may be more likely to engage in victim blaming, and less likely to help others by choice. How do we solve this conflict? Do we have to choose between caring about people and caring about money? How do we create lives of great value, without compromising our own deep values? We do it by working with our psychology. By mindfully developing a healthy relationship with money and learning some simple new ways of thinking, we can avoid the psychological dangers that can accompany both poverty and wealth"--

Book Details

  • Publisher: Wiley
  • Publish Date: Apr 18th, 2016
  • Pages: 208
  • Language: English
  • Edition: undefined - undefined
  • Dimensions: 9.30in - 6.30in - 0.80in - 0.80lb
  • EAN: 9781119258322
  • Categories: Personal Finance - Money Management

About the Author

SARAH NEWCOMB, PhD, is a behavioral economist at Morningstar and HelloWallet (a personal financial wellness company owned by Morningstar). An interdisciplinary scholar, Sarah is well versed in consumer psychology, economic decision-making, personal money management, and cognitive and social psychology.

Praise for this book

What Others Are Saying:

"LOADED: Money, Psychology, and How to Get Ahead without Leaving Your Values Behind is that rare resource which somehow captures both theoretical and practical wisdom about money, personality, and life. Sarah Newcomb has done a phenomenal job of distilling the latest concepts from behavioral finance and psychology for the benefit of the everyday reader who simply wants to know how to handle money better. She opens with a big-picture perspective on how we form our money personalities and behaviors, using relevant personal anecdotes and case examples. By book's end, she leads us to taking charge of our money decisions to create budgets that really work. Writing in a highly readable style, her tone is upbeat and empowering. Your views - and actions - with money will be much improved after reading the wonderful advice in LOADED."
- James Grubman, PhD. Author of Strangers in Paradise: How Families Adapt to Wealth Across Generations and co-author of Cross Cultures: How Global Families Negotiate Change Across Generations