Money Psychology

How Come I’m Not Rich?

By Ed Rempel / January 20, 2014 /

Editors Note:  This article was originally posted in 2011, but still highly relevant. “90% of putts that are short don’t go in.” – Yogi Berra Why are some people able to become wealthy relatively easily, when most people struggle with their finances? In Canada, about 1 person in 50 is a millionaire and in the…

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Four Money-induced Attributes to be Wary About

By Clark / April 6, 2011 /

This is a post by our regular columnist Clark. Money, as is widely known, is only a tool (“a” and not “the” because bartering is an effective one too for many goods and services) that helps a person fulfill their needs and also satisfy wants. Ed Rempel had written about six values involving money that…

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Resisting Social Pressure

By Clark / January 12, 2011 /

This is a column from regular contributor Clark Personal finance blogs discuss the advantages of buying used items and they are spot on. Besides saving money for the individual, the items get an extended life and prolong their inevitable exit to the landfill, unless one can find a way to upcycle them. So, there is…

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The Fear of Money

By Kathryn / April 8, 2010 /

I’ll admit I have a few fears, boa constrictors and heights among them. Fortunately I don’t have to face either on a regular basis. To really face my fears I’d have to go bungee jumping with a boa constrictor. A true anxiety invoking fear of money is called chrematophobia. Some of its symptoms include heart…

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Wealth and Socioeconomic Class

By Kathryn / March 25, 2010 /

I love rags to riches stories. A new Canadian arrives penniless and within two decades, he’s a multi-millionaire. Someone from the wrong side of the tracks gets spotted, tries out for an audition and becomes a well paid actress. It makes a great movie plot. Cinderella, The Blind Side, Prince and the Pauper and Slumdog…

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To Succeed Financially, You Must Know Yourself

By Kathryn / March 2, 2010 /

There is no one way to wealth. Financial success isn’t about picking the right stocks or buying into the right financial philosophy. There are many a great financial mind that has written a book or given a seminar on how to get rich. To succeed financially you have to know what works for you. If…

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Financial Values: Spending More & Spending Less

By Kathryn / January 7, 2010 /

Part of finding a balance in our spending habits means spending more money on things that enrich our lives and spending less money on things that don’t matter so much. When I work with people as a financial coach, I often get them to do a values exercise. This happens after they’ve already tracked their…

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Limiting Beliefs about Money

By Kathryn / November 12, 2009 /

I’ve read more personal finance books than I care to admit. One of the themes I’ve noticed recently is in the idea of limiting beliefs. These are thoughts or beliefs about money that hinder or inhibit our financial success. We may suspect what we believe isn’t really true but the thought that it might be…

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