Dr. Brad Klontz, a financial psychologist, discusses the intersection of psychology and finance, exploring how our beliefs about money shape our financial behaviors.

He introduces the concept of money scripts, which are unconscious beliefs that can limit financial success. Brad emphasizes the importance of tracking finances, understanding learned helplessness, and developing an internal locus of control to foster a successful financial mindset.

He also provides practical advice on investing, the significance of time in wealth building, and the potential of cryptocurrency as an asset class.

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00:00 Understanding Money Scripts

06:47 The Psychology of Self-Made Millionaires

13:02 The Importance of Tracking Finances

18:48 Overcoming Learned Helplessness

27:13 Investing vs. Home Ownership

31:14 Teaching Kids About Money

32:41 Investing Strategies for Beginners

36:13 The Power of Compound Interest

38:25 The Risks of Trading and Cryptocurrency

41:31 Practical Steps for Saving and Investing

46:28 The Value of Home Ownership vs. Renting

55:46 Understanding Cryptocurrency as an Asset Class

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Thank You For Listening To The Chase Merrill Podcast

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Brad's book: HERE