Author(s): Max Phelps

Business

In today s fast-paced world, we all know the feeling of being swept away in a whirlwind of consumerism, instant gratification and debt only to think, Where did all my money go this month? In Spending, Fast and Slow, award-winning money coach Max Phelps helps readers understand the deep-rooted psychological factors that drive their spending habits and teaches them how to slow down spending to create a life of financial stability and true abundance.Married for 31 years, Max is self-confessed tight-arse and his wife is a natural shopaholic. With polar-opposite money habits, money was a constant source of arguments for the first 11 years of their marriage. Many of his clients struggle with their partner s money mindset in much the same way. Drawing inspiration from the groundbreaking works of behavioral economists and psychologists, such as Daniel Kahneman's Thinking, Fast and Slow, Max delved into the intricacies of human decision-making to uncover the cognitive biases and heuristics that often lead us astray when it comes to spending. The book begins by examining impulse buying, the power of advertising and the modern monetary system, and the invisible forces that shape our financial choices. It then presents practical strategies for budgeting, saving to invest and saving to spend so readers can create a solid financial foundation.As you progress through this fascinating book, you'll begin to see your relationship with money in a new light and be better equipped to make choices that align with your values and goals. Spending, Fast and Slow is an invitation to a life of greater financial awareness, resilience and freedom a life where money becomes a tool for achieving your dreams rather than an ever-present source of stress.