Dr. Brad Klontz

Because even for us, even for me, when it comes to psychology of money, I feel like I know about this much, you know, I know a little bit, I know a quarter's worth. When the world is just so expansive and there's so much more to learn. So always be curious because you're getting what you're getting in life right now because of what you know and probably what you don't know.

Because even for us, even for me, when it comes to psychology of money, I feel like I know about this much, you know, I know a little bit, I know a quarter's worth. When the world is just so expansive and there's so much more to learn. So always be curious because you're getting what you're getting in life right now because of what you know and probably what you don't know.

And so that curiosity is so incredibly important if you want to level up.

And so that curiosity is so incredibly important if you want to level up.

And so that curiosity is so incredibly important if you want to level up.

Yeah, so my conclusion is that we are absolutely wired to be totally self-destructive when it comes to money. And I've traced it all the way back to our prehistoric days of living in small little tribes of people. And if you want to understand why you've messed up around money, ask yourself what a cave person would do. Because that's how we've spent most of our time on Earth.

Yeah, so my conclusion is that we are absolutely wired to be totally self-destructive when it comes to money. And I've traced it all the way back to our prehistoric days of living in small little tribes of people. And if you want to understand why you've messed up around money, ask yourself what a cave person would do. Because that's how we've spent most of our time on Earth.

Yeah, so my conclusion is that we are absolutely wired to be totally self-destructive when it comes to money. And I've traced it all the way back to our prehistoric days of living in small little tribes of people. And if you want to understand why you've messed up around money, ask yourself what a cave person would do. Because that's how we've spent most of our time on Earth.

And so, for example, crypto is hot, baby. It's back, okay? Now, I've been alive long enough to see people lose all their money like several times in crypto, but it's back and it's hot, okay? And what's going to happen if it hasn't happened already, there's going to be something in the back of your mind because you're seeing all these people making money on crypto.

And so, for example, crypto is hot, baby. It's back, okay? Now, I've been alive long enough to see people lose all their money like several times in crypto, but it's back and it's hot, okay? And what's going to happen if it hasn't happened already, there's going to be something in the back of your mind because you're seeing all these people making money on crypto.

And so, for example, crypto is hot, baby. It's back, okay? Now, I've been alive long enough to see people lose all their money like several times in crypto, but it's back and it's hot, okay? And what's going to happen if it hasn't happened already, there's going to be something in the back of your mind because you're seeing all these people making money on crypto.

And I'm not sure how many actually are, but they're all over social media, right? And so what that does to your brain, the tribal brain, it says... oh no, the tribe's running in this direction. I need to go with them. And it's that sense of fear. It's fear that I'm missing out. It's fear that I'm gonna get destroyed, whether it's people selling in the market or buying when it comes to investing.

And I'm not sure how many actually are, but they're all over social media, right? And so what that does to your brain, the tribal brain, it says... oh no, the tribe's running in this direction. I need to go with them. And it's that sense of fear. It's fear that I'm missing out. It's fear that I'm gonna get destroyed, whether it's people selling in the market or buying when it comes to investing.

And I'm not sure how many actually are, but they're all over social media, right? And so what that does to your brain, the tribal brain, it says... oh no, the tribe's running in this direction. I need to go with them. And it's that sense of fear. It's fear that I'm missing out. It's fear that I'm gonna get destroyed, whether it's people selling in the market or buying when it comes to investing.

And so if you feel like everyone around you is getting richer faster than you, if you see people running for a certain shiny new object, it is gonna be so difficult for you to not go with the herd because this is baked into your DNA. Your ancestors, imagine a tribe of 150 people back in Cave Mandate. They all get up and they all run north. you're sitting there.

And so if you feel like everyone around you is getting richer faster than you, if you see people running for a certain shiny new object, it is gonna be so difficult for you to not go with the herd because this is baked into your DNA. Your ancestors, imagine a tribe of 150 people back in Cave Mandate. They all get up and they all run north. you're sitting there.

And so if you feel like everyone around you is getting richer faster than you, if you see people running for a certain shiny new object, it is gonna be so difficult for you to not go with the herd because this is baked into your DNA. Your ancestors, imagine a tribe of 150 people back in Cave Mandate. They all get up and they all run north. you're sitting there.

Guess what happened to the people who just sat there? They got picked off by the saber tooth tiger because there's a reason everyone's running over there and it's life or death. That wiring is inside of us. And so when we see something, even though it's not life or death, it feels that way. We have an animal brain. And so it's really difficult for people to stick with a financial plan, for example.

Guess what happened to the people who just sat there? They got picked off by the saber tooth tiger because there's a reason everyone's running over there and it's life or death. That wiring is inside of us. And so when we see something, even though it's not life or death, it feels that way. We have an animal brain. And so it's really difficult for people to stick with a financial plan, for example.

Guess what happened to the people who just sat there? They got picked off by the saber tooth tiger because there's a reason everyone's running over there and it's life or death. That wiring is inside of us. And so when we see something, even though it's not life or death, it feels that way. We have an animal brain. And so it's really difficult for people to stick with a financial plan, for example.