Table of Contents
1 Cover
5 About the Authors DR. BRADLEY T. KLONTZ, Psy.D., CFP® DR. EDWARD HORWITZ, Ph.D., CFP®, FBS, ChFC, CLU, CSA DR. TED KLONTZ, Ph.D.
6 Foreword
7 Introduction YOUR MONEY MAMMOTH OUR EXTINCTION LEVEL EVENT TODAY'S REALITY SO WHO ARE YOU? YOU ARE WIRED TO SPEND YOU ARE WIRED TO TRY TO KEEP UP WITH THE JONESES ALL THE RULES HAVE CHANGED WE MUST EVOLVE THE WINDS OF CHANGE A HISTORICAL MOMENT TIME TO EVOLVE NOTES
8
SECTION I: YOUR ORIGINS
CHAPTER 1: Your Ancestors
THE ANCESTOR ROOM
SO WHAT'S IN YOUR ANCESTRY ROOM?
WHY AREN'T YOU RICH?
DEATH TO SAVERS
NOTES
CHAPTER 2: Your Parents
YOUR PARENTS
BECOME YOUR OWN ANTHROPOLOGIST
WHEN MONEY HELPS
WHEN MONEY HURTS
FINANCIAL ENMESHMENT
A FAMILY STORY OF FINANCIAL DESTRUCTION
PARENTS KNOW BEST?
THE 2008 HOUSING CRISIS
NOTES
CHAPTER 3: Your Children
CAN MONEY MAKE YOU INSANE?
WERE YOU A SPOILED CHILD?
THE COLLEGE ADMISSIONS SCANDAL
MONEY IS A POWERFUL REINFORCER
HUMANS ARE LAZY
FINANCIAL ENABLING AND FINANCIAL DEPENDENCE
CUTTING THE FINANCIAL UMBILICAL CORD: FIVE STEPS
RAISING FINANCIALLY HEALTHY CHILDREN
IT'S NOT SO SIMPLE
A BIG HEADS-UP
QUICK START TIPS FOR HEALTHY FINANCIAL HABITS
ALLOWANCES
A FAMILY ALLOWANCE
TALK ABOUT MONEY (BUT NOT TOO MUCH)
NOTES
CHAPTER 4: Your Mate
GENETIC DIFFERENCES?
THE GIVER VERSUS THE SAVER
INTERDEPENDENCE VERSUS INDEPENDENCE
BOOBY TRAPS
WHERE FROM HERE?
HOW ARE YOU DOING WITH MONEY?
FINDING THE RIGHT KIND OF HELP
THE CONVERSATION INTERVENTION
SETTING THE STAGE
NOTES
CHAPTER 5: Your Tribe
YOUR EXTENDED FAMILY
THE HILL
WHAT SAVES YOU MAY KILL YOU
RELATIVE DEPRIVATION
HOW CAN WE KEEP THEM DOWN ON THE FARM
WHAT THE TRIBE EXPECTS
THE MODERN-DAY TRIBE—RISK SHARING
FEELING AT HOME IN OUR TRIBES
YOUR TRIBES
TRIBAL INFLUENCE
TRIBAL ENTITLEMENT
HOW TRIBES HANDLE