Dr. Brad Klontz joins the show to discuss misinformation around money and mental health, the near impossibility of successful day trading, cryptocurrency, how the wealthy approach investing, harmful money advice on social media, the best way to motivate people to save, and more!

Audio outro: The Black Keys, “For the Love of Money”

Intro music by David von Kampen

Links:
Dr. Brad Klontz website
Money Mindset YouTube channel
Dr. Klontz on TikTok
Money Mammoth book
Mind Over Money book
Research articles
Find your Money Script
Money and the Mind Ep40 with Dr. Klontz

Bio from Dr. Klontz’s website (lightly edited):

Bradley T. Klontz, Psy.D., CFP is a Co-Founder of the Financial Psychology Institute and an Associate Professor of Practice in Financial Psychology at Creighton University Heider College of Business. He is a Managing Principal of Your Mental Wealth Advisors, a Fellow of the American Psychological Association, and a Former President of the Hawaii Psychological Association. He has partnered with organizations including Capital One, JP Morgan Chase, Mutual of Omaha, and H&R Block in efforts to help raise public awareness around issues related to financial health and financial psychology.

Dr. Klontz was awarded the Innovative Practice Presidential Citation from the American Psychological Association for his application of psychological interventions to help people with money and wealth issues and his innovative practice in financial psychology for practitioners across the country.

Dr. Klontz has been a columnist for the Journal of Financial Planning, On Wall Street, and PsychologyToday.com, and has co-authored/co-edited six books on the psychology of money.

His work has been featured on ABC News’ 20/20, Good Morning America, USA Today, The Wall Street Journal, New York Times, Washington Post, Los Angeles Times, Time, Kiplinger’s, Money Magazine, NPR, and many others.