You suck at money. I know why and I know how to get your mind right so that you stop sucking at money. Get ready, because this is going to be a loooong post with fancy words for fancy people. We’ve already talked a bit about cognitive bias. Today, we learn about an entire theory of cognitive development that I will use to explain why you suck at money.
As some of you readers already know, my meat-space job involves science education. I’m kind of a big deal, too. I’m keynoting a big workshop on the subject in a few weeks and I’ll be schmoozing at the residence of an American ambassador to a European country because of this gig.
When it comes to everyday people learning complicated new stuff, I know a little bit about what I’m talking about. Or, I can at least con some pretty smart people into thinking I do.
This may mean nothing to you if you’re looking for a little money talk. However, stay with me. I’m about to drop the name of a dead psychologist that pioneered the field of human cognitive development, and I’m going to relate his breakthrough work to your money.
It will also be an excellent opportunity for me to look smart. Hold on a second while I slip into something a little more intellectual …
Now … what do fancy-pants words like disequilibirum, schemata, and cognitive theory have to do with your money?
It turns out that you suck at money. You suck at money because you think about money in a strikingly different way than someone like Mr. Money Mustache. You will always suck at money so long as you still fundamentally think about money the way you do. And, the only way you will stop thinking all sucky about money is by taking a figurative two-by-four to the back of your skull.
Stay with me to learn what dead French psychologist Jean Piaget has to say about you not sucking at money. Continue reading “Disequilibrium and why you suck at money”