How Psychologists Study Money Challenges

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Many of us struggle with money. We have a hard time saving it, and we blow through budgets. Psychologists brad clance studies how people think about money. Once you understand the underlying patterns that shape your money related behaviors, it can transform the way you think about your finances.

Money worries are one of the biggest sources of anxiety in the lives of Americans. This week, we kick off our new "Money 2.0" series with psychologist Brad Klontz. He says that while external economic forces often shape our financial well-being, our unconscious beliefs about money also contribute to how well we manage our money.

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