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Wealth Psychologist

Definition: Wealth Psychologist


Perhaps less lottery winners would blow through their winnings within a few years if they had wealth psychologists at their disposal. These professionals are also known as money psychologists and wealth counselors, and their services are used by people who need guidance dealing with the emotional aspects of money.

Sudden wealth, weather it's earned, from a lucky win, or inherited, means a whole world of options open up. Wealth psychologists help the newly moneyed to understand their situations but are also skilled in dealing with other tricky circumstances, like helping to manage family business issues and assisting couples from different financial backgrounds in building a common ground.

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