The partnership will allow AFCPE professionals the opportunity to access technology-enabled financial psychology
tools, while also introducing DataPoints clients to important financial counseling, coaching and education certification and training.
One of my favourite financial psychology
questions is: "If the saying is true that money talks, then if I were to ask your money to tell me about its relationship with you, what do you think it would say?" This is incredibly revealing, particularly if I ask for a one-word answer.
By understanding all these factors, you'll be able to serve your clients in ways that your colleagues cannot[, for] you will bring the hugely important component of emotions and behavior to bear, not only to better understand your clients and what makes them tick, but to work with them in a way that is aligned with their emotional nature and temperament." --Chris White, "Working with the Emotional Investor: Financial Psychology
for Wealth Managers" (Praeger Press, 2016)
White, who recently wrote the book, "Working with the Emotional Investor: Financial Psychology
for Wealth Managers," said that his best advice to clients is sometimes to turn off the radio and television.
To attain this certification, participants need to complete 11 courses, covering: financial psychology
; savings, budgeting and account management; credit, debt and loans; investing; retirement preparedness; and methods to effectively discuss money matters with young people.
Interested individuals have the opportunity to become certified instructors by completing 11 required courses covering topics that will help them teach financial psychology
; savings, budgeting and account management; credit, debt and loans; investing; retirement preparedness; as well as how to effectively discuss money matters with young people.
--Did not spend time on one of the most important things of all: the financial psychology
of how investors behave and how some brokers and advisors behave;
But if the industry (and by industry I do not mean the directors, cinematographers, and those behind the camera, but the mind-set and financial psychology
of the industry as a whole) can begin to understand film as a medium--as different from digital in the production of images as photogravure is from ink-jet printing--then they will at last realize that they have two mediums with which to make pictures: two entireiy different autonomous and functioning mediums whose coexistence can increase the wealth and richness of their art.
According to Kathleen Gurney, Ph.D., CEO of Financial Psychology
Go through some financial psychology
analysis, a financial DNA as an example so they can begin to help their clients better understand their emotional response to this kind of volatility.
One of the UK's leading financial psychology
experts, Benjamin Fry, is working with the Energy Saving Trust to show consumers how saving energy can save money too.