The way you think about money can have a big impact on your bank account balance. The financial psychologist Dr. Brad Klontz argues that your thoughts and assumptions about money play an important role and affect your financial wellness. Dr. Klontz categorizes people into four different money personalities, which we will examine in more detail in this article.
In this mini-series, the two Founders of Finelles share what money means to them and how they manage it. For Clara, money symbolizes independence, being independent to save and spend her money how she sees fit. It also signifies being responsible for her life. Read on.
Money mindset – this term was not part of my mental map a couple of years ago. Now I know though: A money mindset is a person’s way of thinking about her/ his (total amount of) money. There are several attitudes that make up an effective money mindset. Read on to find out which ones.
On average, women in Germany still make 21% less money than their male counterparts. If we want to change our attitudes towards money and earn more, it might be worth our time to dig a bit deeper. Could it be that our beliefs about money and our own value impact our money management and salary requests? And if yes, how can we uncover these?
„Because you are worth it“ – this is how L’Oréal, the French cosmetics brand, appeals to women of all backgrounds. We at Finelles are not exactly a cosmetics brand, but I believe that L’Oréal and Finelles have something in common: we want to encourage our community members to claim what is theirs… and in societies where one’s worth is largely defined by money, that is… money.