About our Guest:Dr. Brad Klontz is a financial psychologist who focuses on raising awareness around issues relating to financial health and financial psychology. He is the founder of the Financial Psychology Institute, an Associate Professor at Creighton University, and Managing Principal of Your Mental Wealth Advisors. He was awarded the Innovative Practice Presidential Citation, is the author of numerous books and publications, and is a personal mentor of mine.  Episode Summary:Today's episode is a rewind episode with Dr. Brad Klontz. I chose this episode because it has very special significance for me. Dr. Brad Klontz is a financial psychologist, and he was one of the first guests on my show. This year we have talked a lot about getting results not just setting resolutions. One of the results I wanted for 2018 was to become a certified Behavioral Finance Specialist. Thanks to the influence of Dr. Brad Klontz, I will have my certification in financial psychology within the next month which has sparked another result I have my sights on for 2019; pursuing an MBA with a concentration in behavioral finance and financial psychology. CLIFF NOTESFinancial psychology is the study of our upbringing, experiences, and our beliefs and behaviors around money.The goal is improving financial health by improving financial psychology.Building wealth is first and foremost about your mindset.Our beliefs around money are real clear indicators of our success or failure.People who accept responsibility and believe they have the power to change their financial beliefs will have success. You have to take responsibility if there are gaps in your wealth mindset and seek out mentors that can help you out.The Banking Reimagined Savings Study proved that associating nostalgic items with savings improved rates by 67%Quotes from the show:“The ultimate goal of financial psychology is to help us improve our financial health by improving our psychology.” - Dr. Brad Klontz“Believe that you have the power to change your financial beliefs.” - Dr. Brad Klontz“If we can identify our beliefs around money and where they came from, we will then have the power to change.” - Dr. Brad Klontz“Only you can take responsibility if there are gaps in your wealth mindset.” - Dr. Brad Klontz“It’s not your logical brain that drives financial behaviors, it's your emotional brain.” - Dr. Brad Klontz“Our beliefs around money are real clear indicators of our success or failure.” - Dr. Brad Klontz“Building wealth is about mindset and integrating the other pieces of our lives.” - Patrice Washington“Start with the why.” - Patrice Washington“When we talk about money in an engaging way, it makes all the difference.” - Patrice WashingtonBrad’s Redefining Wealth Rapid Wisdom QuestionsDefine Success:I look at success as a side effect of what happens naturally when you have an optimal mindset.Define Wealth in 3 Words or Less:Love, laughter, and longevity.One Book that Has Redefined How You See Wealth:The Richest Man in BabylonFill-in the Blanks… “My name is ___ and the truth about wealth is ___”:“My name is Dr. Brad Klontz and the truth about wealth is for me it’s an evolving definition.”  Links:Dr. Brad Klontz: The Truth About SavingsYour Mental WealthOCCAM Your Mental Wealth AdvisorDr. Brad Klontz on YouTube@DrBradKlontz on TwitterBooks by Dr. Brad KlontzFinancial Psychology InstituteDr. Thema: Stop Suffering in SilenceNehemiah Davis: Create Your Circle of GreatnessCrystal Escobar: No More ShouldsMonique Coleman: Peel Back the LayersGlen Henry: 5 Steps to Releasing Your GeniusGetting Sentimental Could Increase Your SavingsReal Money Answers for Every Woman: How to Win the Money Game With or Without a Man Become an Official Purpose Chaser: http://www.iamapurposechaser.comJoin Patrice’s Pod Club: http://www.patricespodclub.comTo check out ALL of our past guests + episodes: www.patricewashington.com/ListenIf you have questions about booking Patrice or sponsoring the podcast, email us at info@seekwisdomfindwealth.com.Find me in Social Media:Our podcast hashtag is #RedefiningWealthInstagram: @SeekWisdomPCWTwitter: @SeekWisdomPCWFacebook: @SeekWisdomPCWYouTube: @SeekWisdomPCW

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