In this discussion with Dr. Brad Klontz, a financial psychologist and co-author of Start Thinking Rich, we dive into the powerful connection between mindset and wealth. He clarifies the difference between being broke and being poor, emphasizing that one’s mental framework can trap them in financial struggles. Klontz shares strategies for overcoming learned helplessness, the importance of early investing, and how to cultivate a rich mindset in children. Plus, he examines the impact of personal relationships on financial success.

Dr. Brad Klontz (@drbradklontz) is a financial psychologist, Managing Principal at Your Mental Wealth Advisors, and co-author of six books on the psychology of money, including Money Mammoth: Harness The Power of Financial Psychology to Evolve Your Money Mindset, Avoid Extinction, and Crush Your Financial Goals. What We Discuss with Dr. Brad Klontz: If the United States is the wealthiest country on Earth, and it's one of the most prosperous times in human history, why does 45 percent of the population decide to wing it with no savings? Why do so many of us buy the hype that bringing in barely enough money to survive from certain professions is somehow noble — and that making a living wage in service to others is akin to moral failure? How parents who have spent their lives carefully growing and saving their own money instill lousy financial habits in their offspring. Why financial planning should be a basic part of the public education curriculum alongside reading, writing, and arithmetic. How social media contributes to a gross misunderstanding of the way wealthy people (the ones who stay wealthy, anyway) really spend their money. And much more... Full show notes and resources can be found here: jordanharbinger.com/712 Sign up for Six-Minute Networking -- our free networking and relationship development mini course -- at jordanharbinger.com/course! Miss our interview with Austin Meyer, the man who leads a valiant crusade against patent troll dirtbags? Catch up with episode 326: Austin Meyer | Slaying the Patent Scam Trolls here! Like this show? Please leave us a review here -- even one sentence helps! Consider including your Twitter handle so we can thank you personally!

#35: Dr. Brad Klontz is an expert in financial psychology, author, and professor. Today, we sit down to discuss the psychology behind our relationship with money. Dr. Brad helps us define our money traumas and how to deal with them to be able to improve our relationship with money and start our journey to financial freedom.Get Dr. Brad Klontz's book, Money Mammoth.Special thanks to our partners:Webull (free stocks) - erikataughtme.com/investAura - erikataughtme.com/auraBilt Rewards - erikataughtme.com/biltI’m running a free “Save $1,000 Challenge” to teach you creative strategies to save money. It’s 5 days long and starts on Monday. Grab your free spot here: https://Erika.com/goThanks for tuning in and come back every Tuesday for a brand-new episode! Make sure you hit the follow button to get notified. Prefer video or want closed captions?⁠ Watch this episode on YouTube.Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠ https://erika.com/review : (just scroll to the bottom and tap on “leave a review”) It really helps the podcast especially since we’re just getting started. Even just a sentence is perfect!Follow the podcast @erikataughtme across platforms. ⁠Connect with me on Instagram.⁠ https://www.instagram.com/erikankullberg/For more information, go to⁠ www.erikataughtme.com/⁠Get on my personal finance & investing course priority waitlist herehttps://erika.com/3D-money Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it https://erika.com/mastering-YT ⁠Get more of my free resources. https://erika.com/all-links

Dr. Brad Klontz, a clinical psychologist specializing in financial psychology and author of '21 Harsh Truths About Money,' delves into the link between mindset and money. He discusses how perceptions of wealth can influence our financial choices and emphasizes the importance of shifting from a consumption mindset to one focused on investing. Klontz shares personal stories highlighting the pitfalls of traditional education in financial literacy and advocates for strategic mentorship. The conversation is a blend of humor and insight, encouraging listeners to redefine their paths to financial freedom.

Dr. Brad Klontz, a financial psychology expert, and Adrian Brambila, a successful online entrepreneur, reveal 21 harsh truths about wealth building. They emphasize that rich individuals invest in time and passive income rather than material possessions. Klontz shares insights on the psychological impacts of luxury spending, while Brambila discusses his shift to investing for passive income. They also challenge traditional views on college and homeownership as prerequisites for success, advocating for proactive planning and financial independence instead.

Join Dr. Brad Klontz, a financial psychologist and co-author of "Start Thinking Rich," alongside Adrian Brambila, a former professional dancer turned finance guru. They dive deep into the harsh truths about money, revealing how mindset shapes financial success. Discover why it's essential to eliminate toxic influences, embrace accountability, and take charge of your financial journey. With anecdotes ranging from their unique backgrounds to insights on achieving financial freedom, their candid discussion is a wake-up call for anyone looking to transform their finances.

In this chat, Dr. Brad Klontz, a financial psychologist and co-founder of the Financial Psychology Institute, dives into the deep connections between money and mental health. He discusses how consumerism shapes self-worth, particularly among youth. Klontz reveals the impact of social media on our perceptions of wealth and the resulting feelings of inadequacy. He also introduces 'money scripts'—the hidden beliefs that influence our financial habits. The conversation emphasizes the need for emotional engagement with money to foster better financial wellness.

Dr. Brad Klontz, a financial behavior psychologist, and Adrian Brambila, a TikTok star, discuss how life’s challenges don’t necessarily get easier but how we can develop skills to handle them. They emphasize mindset shifts necessary for wealth building and the importance of automating finances to avoid debt traps. The duo offers tough love and practical tips for financial health while breaking down debt patterns in U.S. cities, urging listeners to rethink their approaches to money management and personal responsibility.

Brad Klontz, a financial psychologist and co-author of "Start Thinking Rich," reveals the mindset differences that set self-made millionaires apart. He discusses practical strategies for building wealth through proactive saving and financial vigilance. Neuroscientist Amir Raz dives into the power of suggestion, explaining how it shapes perceptions and behaviors, including the placebo effect. Together, they uncover how understanding money and the science of suggestion can transform lives, offering insights to harness these principles for personal growth.

Dr. Brad Klontz, a financial psychologist known for his work on money scripts, joins YouTuber Adrian Brambila, who transitioned from a call center to financial freedom. They discuss a shocking experiment on dogs that illustrates 'learned helplessness' in relation to money beliefs. Key money scripts like Money Avoidance and Money Worship shape financial behaviors. Adrian shares his journey of mentorship and online success, while Dr. Klontz highlights surprising links between meditation and net worth, advocating for automating finances before mindfulness.