Psychology of Money

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River Rafting your Way to Financial Success

One of the ways to increase your financial success is to understand the types of mistakes you are making. Of course, it is even more helpful to learn how to prevent and correct the mistakes you make as soon as possible. Back in 1982, we identified six psychological money traps that can interfere with financial success. We
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Who was Adolf Merckle and Why are we Writing about Him?

(We are delaying the upcoming series of blogs about the six psychological money traps for one week to discuss a dramatic story of Poverty Thinking) Do any of you know who Adolf Merckle was? Last year, he was one of the wealthiest people in the world. And just a few months ago, he made the
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