{"title":"A Review of “The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money”","authors":"Stephen Molchan","doi":"10.4148/1944-9771.1360","DOIUrl":null,"url":null,"abstract":"The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money , by Carl Richards, is a refreshing and engaging guide to understanding and improving financial behavior regarding investing. Richards, a financial planner and popular blogger, uses simple yet powerful illustrations to help readers understand common mistakes and pitfalls in financial decision-making and offers practical strategies for overcoming these challenges and building a healthier financial future. This book is geared towards improving the overall investing mindset of an individual by diving into the topics of psychology and how investing is a personal, emotional, and intimate topic for many. He provides readers with a clear understanding of managing emotions to make informed financial decisions. The intended audience for this book is individual investors, financial planners, and financial therapists who want to understand the emotional aspects of investing.","PeriodicalId":37600,"journal":{"name":"Journal of Financial Therapy","volume":"68 1 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Financial Therapy","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.4148/1944-9771.1360","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 1
Abstract
The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money , by Carl Richards, is a refreshing and engaging guide to understanding and improving financial behavior regarding investing. Richards, a financial planner and popular blogger, uses simple yet powerful illustrations to help readers understand common mistakes and pitfalls in financial decision-making and offers practical strategies for overcoming these challenges and building a healthier financial future. This book is geared towards improving the overall investing mindset of an individual by diving into the topics of psychology and how investing is a personal, emotional, and intimate topic for many. He provides readers with a clear understanding of managing emotions to make informed financial decisions. The intended audience for this book is individual investors, financial planners, and financial therapists who want to understand the emotional aspects of investing.
期刊介绍:
All manuscripts received are blind peer reviewed. Because of the clinical focus of the journal, authors are encouraged to address the conceptual methodology underlying the research and to describe the intervention methods employed. Although detailed reviews of literature are accepted, reviewers tend to appreciate manuscripts with a very strong introduction describing the purpose of the study, a well described conceptual framework, concise presentation of findings, and a thorough discussion of results that are applicable to practicing financial therapists, financial counselors, psychologists, marriage and family therapists, and others who regularly work in clinical settings. Topics of interest to readers and reviewers include: *Pre- and post-test analyses of counseling and financial therapy methods *Tests showing the effectiveness of financial education in changing both attitudes and behaviors *Financial therapy trends *Regulation of financial therapy *Ethical issues associated with financial therapy *Practice management techniques *Client assessment and management procedures *Employee counseling and therapy *Financial therapy research methodological and statistical procedures *Book reviews and letters The Journal of Financial Therapy is sponsored by the Financial Therapy Association and currently housed within the Institute of Personal Financial Planning at Kansas State University. The Journal provides a forum for those who are interested in financial therapy with a forum for sharing models, theory, ideas, strategies, and therapy approaches.