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The Psychology of Money - The Dollar Stretcher
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The Dollar Stretcher

The Dollar Stretcher blog will explore people and money.

The Psychology of Money

One part of my job that I really like is talking to people about money. About two weeks ago I had the pleasure of being a guest on the Dr. Howard Gluss Show. Dr. Gluss is a clinical psychologist. I've done quite a few interviews, but this was the first one that focused on the mental aspects of finances. Had a real nice visit with Dr. Gluss. If you've ever wondered what I sound like, or if you just have about 20 minutes for some entertainment, the interview is available here. Look for segment 3 from the 4/15 show.

Keep on Stretching those dollars!

Gary 

Comments

 

Cheryl said:

Listened to your show just now, and would like to let you know how insightful it was for me.

I just realized I "comfort shop" with food. I have always had a very large pantry. It doesn't get wasted, but it is a walkin pantry that I keep completely stocked, even though it is just my husband and me.  It occurred to me it could be a "comfort" issue, because my mother was alcoholic, and there was very little food in the house, even less on the weekends she'd take off. My two sisters and I were often left from friday to monday with condiments in the refrigerator, some basic staples like flour, and not much else. I was the "cook" for my two sisters. Your show helped me see the psychological aspect of why I feel a strong urge to shop again, when the pantry has only been reduced by about one fourth. Great eye-opening show!

I've subscribed to your newsletters since 98, and am glad to finally hear you. Thanks for the work you do on your website, it's an amazing resource.

Cheryl B.

April 26, 2008 2:46 PM

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About Gary

For more than 25 years, Gary Foreman has worked to manage money effectively. Prior to starting The Dollar Stretcher, he was a financial planner and purchasing manager. While helping clients manage their hard earned money as a financial planner, he applied commonsense, time-tested techniques during the turbulent 1980’s. The experience convinced him that you didn’t need to hit the lottery to accumulate significant wealth. Following that, Gary had an opportunity to learn more about how to get the best value for a dollar spent in the corporate world. As the Purchasing Manager for a computer manufacturer, he was responsible for supervising over $10 million in annual purchases. Gary began The Dollar Stretcher website <www.TheDollarStretcher.com> and newsletters in April 1996. Over 300,000 readers benefit from the time and money saving ideas presented in The Dollar Stretcher newsletters each week. His mission is to help people "Live Better for Less". He also provides private label newsletters for companies wishing to provide money saving information for their clients and/or prospects. Gary lives in Florida along with his wife of thirty years and their two children. Much of his time is spent working with the men's ministry of his church. One of their ongoing projects is the "Holy Smoke BBQ" which sells bbq on Friday nights with the profits going to support local foster kids and orphans. When he has a free moment you’ll find him restoring a Checker station wagon nicknamed “Two Ton” or cruising in a '65 Impala SS Convertible with doo-wops playing in the background.

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Gary is a former financial planner and purchasing manager who edits The Dollar Stretcher website <www.stretcher.com> and newsletters. You can follow Gary on Twitter.com/gary_foreman
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