The Psychology of Wealth and over one million other books are available for Amazon Kindle. Learn more
Qty:1
  • List Price: $26.00
  • Save: $4.83 (19%)
FREE Shipping on orders over $35.
Only 8 left in stock (more on the way).
Ships from and sold by Amazon.com.
Gift-wrap available.
The Psychology of Wealth:... has been added to your Cart
Condition: Used: Good
Comment: Book is used, fast shipping and great customer service.
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

The Psychology of Wealth: Understand Your Relationship with Money and Achieve Prosperity Hardcover – January 17, 2012


See all 2 formats and editions Hide other formats and editions
Amazon Price New from Used from
Kindle
"Please retry"
Hardcover
"Please retry"
$21.17
$0.84 $0.01

The Next Happy: Let Go of the Life You Planned and Find a New Way Forward
When the best option is to let go of the life you planned for yourself and find a new path, a world of possibilities can surprisingly open up.
$21.17 FREE Shipping on orders over $35. Only 8 left in stock (more on the way). Ships from and sold by Amazon.com. Gift-wrap available.

Frequently Bought Together

The Psychology of Wealth: Understand Your Relationship with Money and Achieve Prosperity + The Emotion Behind Money: Building Wealth from the Inside Out
Price for both: $46.12

Buy the selected items together


Editorial Reviews

About the Author

Charles Richards, Ph.D., is a Doctor of Clinical Psychology, author, and licensed psychotherapist in private practice. He has trained and coached the senior executives of many Fortune 100 corporations, including General Motors, IBM, Apple, Motorola, SAP, Qualcomm, Whirlpool, Honda, and Sony.

NO_CONTENT_IN_FEATURE

Image
Looking for the Audiobook Edition?
Tell us that you'd like this title to be produced as an audiobook, and we'll alert our colleagues at Audible.com. If you are the author or rights holder, let Audible help you produce the audiobook: Learn more at ACX.com.

Product Details

  • Hardcover: 256 pages
  • Publisher: McGraw-Hill; 1 edition (January 17, 2012)
  • Language: English
  • ISBN-10: 0071789294
  • ISBN-13: 978-0071789295
  • Product Dimensions: 6 x 0.9 x 9.7 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (21 customer reviews)
  • Amazon Best Sellers Rank: #434,048 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

A very easy read.
shopping made eazy
The author has footnotes for many of his stories, so I guess he didn't make them up; it's only his style that grates on me.
Baby Boomer
This is best money management book as I have ever read until now.
Mutlu Kilciler

Most Helpful Customer Reviews

53 of 58 people found the following review helpful By Foodie Designer on January 17, 2012
Format: Hardcover
I accepted an advanced copy of this book to help me understand why so many people are terrible with their money.

The Psychology of Wealth by psychotherapist Charles Richards attempts to explain how, through consciously understanding our relationship with money, we can become prosperous. This book is written from a psychologist's point of view and puts change in ones behavior squarely on the individual.

Richards defines the psychology of wealth as a sense of comfort and control in ones relationship with money. How individuals spend/borrow money is a complex issue and is a result of many factors...this book illustrates how to become conscious of your spending/borrowing habits and to act accordingly.

It was the 2008 economic crises that got the author thinking about money...he interviewed many successful people in different careers to help him understand what common qualities prosperous people possess. People who possess the "Psychology of Wealth" have the following attributes:
Self esteem
Responsibility
Determination
Achievement

Furthermore, Richards blames "unconscious spending" and behaving inconsistently for getting so many people in trouble financially.

The answer, according to Richards, is that healthy people deal with money consciously. They take responsibility for their spending. (This means that back a decade or so ago, when almost anyone could get a mortgage, the responsible person would say "no" if they couldn't afford it.)

Responsible people, in short, are adults taking charge of their lives. They educate themselves and understand what they can or cannot afford.

Pretty simple stuff...but it all makes sense.
Read more ›
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
16 of 17 people found the following review helpful By Dr. Cathy Goodwin TOP 1000 REVIEWERVINE VOICE on January 30, 2012
Format: Hardcover
I read a review copy of Psychology of Wealth, with he request to review honestly. The book's title holds a promise to talk about the psychology of wealth and the author is a psychotherapist with a PhD. Therefore, I anticipated a framework based on psychology.

If you define "psychology" loosely, the book delivers. It's an easy read, more like a Readers Digest collection than a book about psychology. The cover promises, "Understand your relationship with money and achieve prosperity."

The book consists of a series of stories about real people who achieved if not wealth, then a trip out of poverty. The stories are loosely tied to principles that are somewhat New-Age-y, such as the importance of service in wealth creation. "Self-esteem" has become a controversial concept, yet the author simply introduces the idea.

On the plus side, a series of success stories can be inspirational and certainly fun to read. On the other hand, it's hard to draw lessons or achieve greater understanding. We know we are given a condensed, upbeat version, so it's hard to view them as case studies. Moreover, it's easy to pick the stories apart. Did these people have some qualities that brought them success or were they just lucky? Without a more scientific approach, we won't know.

To take just one example; on page 163, Richards tells the story of "Deidra," a teacher who was down to her last five dollars before her next paycheck. (Was her check due the next day? In two weeks? We aren't told.) Deidra gave her last five dollars to a raffle for a charity. She won the raffle, getting something she'd always wanted: a ride in a hot air balloon.
Read more ›
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
35 of 42 people found the following review helpful By Mutlu Kilciler on January 17, 2012
Format: Hardcover
This is best money management book as I have ever read until now.I finished it cover to cover without breathing today.There are lots of good stories in it.If anyone wants to know how we came to the these days he/she must read it.There are lots of advices in it. Highly recommended book.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
9 of 9 people found the following review helpful By Norman Reiss on January 31, 2012
Format: Hardcover
For those of us who still think wealth is mostly about money and possessions, Charles Richards offers a very different perspective. Many of the ideas I've heard elsewhere, such as:

1. how life doesn't always get better once you attain a certain income level (often it gets worse)
2. how having self esteem will make you feel rich
3. why passion for your work is critical in achieving true wealth
4. we don't choose what happens to us in life, but we do choose how we choose to respond
5. trusting that we will have enough, no matter what
6. why giving to others makes us feel wealthy
7. having a 'conscious' approach to managing your finances and debt
8. being thankful for what you already have

Even though many of us will recognize these tips, this book provides a useful reminder that there's a lot more to wealth than how much you can earn or can afford to buy.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
32 of 43 people found the following review helpful By Roland Diehl on January 21, 2012
Format: Hardcover
What sounds at the outset to be a scholarly treatise on the dynamics behind of wealth and it's relation to self-esteem unfortunately turns out to be corporate "speaker-for-hire" cheerleading session. Although it is true that success and failure are modulated by personal factors, attitudes and self esteem, placing the entire blame on the individual without context to social and political climate is facile and leaves a lot out of the equation. Now a days, We put an irrational demand on conspicuous consumption and status as a means to an end. Stating that the individual should know better on how they spend their money, whether it is buying a house they cannot afford, or having to look live a Kardashian life style, misses an important point; Modern consumerism and credit availability make it too easy promise a false sense of self-esteem in the process. As long as we are being blasted with ads from all directions that create an unnecessary sense of envy, we cannot be truly conscious of our spending. Blaming the individual solely for lack of economic success is a dangerous path to go down both politically and culturally. Quoting people like Thoreau out of context is laughable. Most psychologists would agree that personal happiness more complex that what Dr Richards proposes.
7 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Most Recent Customer Reviews

Set up an Amazon Giveaway

Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more
The Psychology of Wealth: Understand Your Relationship with Money and Achieve Prosperity
This item: The Psychology of Wealth: Understand Your Relationship with Money and Achieve Prosperity
Price: $26.00 $21.17
Ships from and sold by Amazon.com

What Other Items Do Customers Buy After Viewing This Item?