The Psychology of Money - Audiobook | Chapter 5: Getting Wealthy vs. Staying Wealthy

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The psychology of money examines the emotional, cognitive, and social factors that influence financial decision-making and how individuals interact with money throughout their lives. This includes understanding money mindset, financial literacy, behavioral economics, and the role of money in relationships. The field emphasizes the importance of understanding the psychological factors that shape financial behavior and promoting financial well-being through education and awareness.