3 Surprising Ways Language Affects Net Worth
Subtle changes in word choice from flow words to rooted words or from future tense to present--and even engaging in a foreign language--can help promote rational financial decision-making.
What separates those who maintain great wealth from those who lose it?
According to Dr. James Grubman, owner of Family Wealth Counseling, there's a psychological difference between the people who maintain wealth and those who do not. A neuropsychologist and financial expert with more than 20 years of experience, Grubman has learned what financial-planning books don't teach. "What I have seen," says Grubman, "is that those who make the transition from thinking about money in terms of income to thinking about money in terms of assets are the ones who successfully adapt to wealth, and maintain it."
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