DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Klontz - 3 Brad Klontz - 2 Andrea Woroch - 1 spaving - 1 Jennifer Aniston - 1 Rachel Green - 1 Matt LeBlanc - 1 Joey Tribbiani - 1
Top related locs:
Boulder , Colorado New York TransUnion influencers Green Bay , Wisconsin
Top related orgs:
YMW Advisors - 3 CNBC - 2 Finance - 1 CNBC's - 1 NBCU - 1 Credit - 1 CNBC's Financial - 1 Financial - 1

Search resuls for: "YMW Advisors"


5 mentions found


☆ Americans can't stop 'spaving' — here’s how to avoid this financial trap
  + stars: | 2024-05-06 | by ( Jessica Dickler | ) www.cnbc.com   time to read: +1 min
Spending more to save more is an all-too common pitfall. But spending to save can lead to excessive buying habits and high-interest credit card debt if you aren't careful, according to consumer savings expert Andrea Woroch. ″'Spaving is us justifying our desire to buy more," said Brad Klontz, a Boulder, Colorado-based psychologist and certified financial planner. Yet, even as inflation and high interest rates squeeze budgets, consumers continue to fall for these financial traps. "We are just constantly spending more than we can afford and then we experience stress related to our financial health," Klontz said.
Persons: Andrea Woroch, Brad Klontz, Klontz, spaving Organizations: Finance, YMW Advisors, CNBC's Locations: Boulder , Colorado
☆ Here are 3 reasons you can’t stop comparing yourself financially to others, says bestselling author
  + stars: | 2023-08-14 | by ( Ana Teresa Solá | ) www.cnbc.com   time to read: +3 min
Easy access to credit Readily available lines of credit may encourage consumers to live up to standards that are not economically feasible, said Thakor. Credit card balances are up almost 20% from a year ago, according to a quarterly credit industry insights report from TransUnion. Social media "Social media puts everything on steroids," said Thakor. People who consume social media are often exposed to content that shows images of people they may know, or from influencers, that make them feel, quite often, inadequate. Remember that social media can be misleading "The bottom line is we are inundated with misinformation around how people become wealthy and how wealthy people spend their money," he said.
Persons: Jennifer Aniston, Rachel Green, Matt LeBlanc, Joey Tribbiani, David Schwimmer, Ross Geller, Lisa Kudrow, Phoebe Buffay, Hannigan, Matthew Perry, Chandler Bing, Courteney Cox, Monica Geller, Bing, Thakor, They've, Credit Karma, Bradley T, Klontz, Juan Algar Organizations: NBCU, Credit, YMW Advisors, CNBC Locations: New York, TransUnion, influencers, Boulder , Colorado
☆ 'We’re all crazy when it comes to money,' advisor says. How to manage your psyche for better finances
  + stars: | 2023-06-15 | by ( Greg Iacurci | ) www.cnbc.com   time to read: +2 min
D3sign | Moment | Getty ImagesHuman psychology and money don't mix well. Left unchecked, our psyches can easily sabotage financial decision-making, behavioral experts said during a panel discussion at CNBC's Financial Advisor Summit. "We're all crazy when it comes to money," said Brad Klontz, managing principal of YMW Advisors in Boulder, Colorado, and a founder of the Financial Psychology Institute. Additionally, feelings of shame, such as thinking we have too much or too little money, are pervasive, experts added. It's kind of like a thumbprint, so it's very unique," added Cherry, a CFP and member of the CNBC Financial Advisor Council.
Persons: Brad Klontz, Klontz, Preston Cherry, Charles Schwab, Cherry Organizations: CNBC's Financial, YMW Advisors, Financial, Institute, CNBC Locations: Boulder , Colorado, Green Bay , Wisconsin
☆ Talk about money in your relationship, says financial psychologist: 'It tends to be good for us'
  + stars: | 2023-04-27 | by ( Sara Lindsay | In Sara-Lindsay | ) www.cnbc.com   time to read: +2 min
This disparity can lead to uncomfortable situations like not wanting to talk about money or even "financial infidelity" — couples hiding their purchases from each other. But financial psychologist Bradley Klontz, a member of CNBC's Financial Advisor Council, said talking about money in a relationship can serve as an opportunity for growth. "Sometimes we don't enjoy that experience, but it tends to be good for us when it comes to our relationship with money." That anxiety surrounding money, Klontz said, is also often inherited. Not talking these things through leaves people feeling alone in their financial struggles, even though 7 in 10 Americans report feeling stressed about money, according to a new CNBC Your Money Financial Confidence Survey conducted in partnership with Momentive.
☆ To improve your finances, learn your 'money script,' psychologist says
  + stars: | 2023-04-11 | by ( Annie Nova | ) www.cnbc.com   time to read: +2 min
"We call that, in our research, 'money scripts.'" Money scripts, from avoidance to vigilanceIn Klontz's research, he's found that there are generally four different money scripts: "money avoidance," "money worship," "money status" and " "money vigilance." On the other end of the spectrum, money worshippers believe wealth is the key to solving all their problems and finding happiness. Money worshippers tend to spend too much, he added, overestimating the sense of satisfaction and meaning they'll get from buying things. Money status seekers, Klontz said, often conflate their net worth with their self worth.
0 next >>
Total: 5